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The economy produces only one good, FatBit. The economy produced 5,000 units of FatBit during Year 1 and 7,000 units of FatBit in Year 2. The price of each unit of FatBit in Year 1 was $100 and it was $200 in Year 2. Suppose Year 1 is taken as the base year for the calculation of GDP.
As the number receiving the bonus vary from year to year due to the state of the economy.
Last year, Pat and Chris occupied separate apartments. Each consumed 400 gallons of hot water monthly.
Explain four problems with the argument that trade protection is needed to protect American jobs. b) Describe the economic reasons why businesses use offshoring.
Suppose a firm uses 2 inputs to produce one output. Can you derive an optimality condition for conditional factor demand for the first input if the second factor is fixed in the short run How does it look like
a). Derive the equation for the IS curve b)Find the equation for LM curve. c)express both IS and LM curves in terms of r, and graph both curves.Find their slopes. d) Calculate the equilibrium levels of real utput, interest rate, planned investment, a..
The consumer has an income of $24 per week. The price of a hamburger is $2 and the price of a milkshake is $1. How many milkshakes and hamburgers will he buy each week if he maximizes utility? Illustrate your answer on a graph.
Describe how these changes might impact stakeholder relationships your organization has with financial institutions.
What do we call the number of dollars received by an individual or group for its resources during some period of time?
Toronto charges a property tax rate of 4 percent on commercial buildings while Markham charges a tax rate of 3 percent on the same type of building.
How might a developing countrys decision to reduce trade restrictions such as import tariffs affect its ability to borrow in the world capital market?
Write down 5 common injuries in the industries (you can select manufacturing, construction or any industry based on your background), reasons for the injuries and the ergonomic solution for each case.
A view definition was created based on account table. this view allows user to insert and update records that can be queried by using view. Which statements was used to create view
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