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Michael is an Internet service provider. On December 31, 2014, he bought an existing business with servers and a building worth $400,000. During 2015, his business grew and he bought new servers for $500,000. The market value of some of his older servers fell by $100,000. What was Michael's gross investment, depreciation, and net investment during 2015? What is the value of Michael's capital at the end of 2015?
Explain why does a production possibilities curve bow out rather than forming a straight line sloping downward from left to right.
Is Guatemala debt makes if the government runs a balanced budget in both a and b.
suppose that the trade pattern of a country is that it exports foodstuffs and imports fancy sports equipment. can you
In addition to depending on disposable income, suppose household consumption were also a function of the interest rate. In particular, assume that households consume more (i.e., save less) when the interest rate falls. Assume prices are fixed in t..
question 1nbspthe following data is part of a fictitious nations national accountsitemvalue billion2013household
Given the following predictions for nominal wage increases and productivity growth, state your forecast for inflation (assume this is all the information available to make the forecast).
a friend of yours is considering two cell phone service providers. provider a charges 120 per month for the service
Suppose the Board of Governors has determined that continued increases in consumption and investment spending are likely to be inflationary. To control inflation, the Fed would most likely pursue policies that promote
Suppose that they are thinking of each specializing completely in the area in which they have a comparative advantage, and then trading at a rate of 2.5 pounds of potatoes for 1 chicken, would they each be better off? Explain.
Let B1(hat) and B2(hat) denote the estimated regression coefficients from a sample of size n for y = x1B1 + x2B2 + u. Show that b1 = B1(hat) + (X1TX1)-1X1TX2B2(hat) where b1 is the coefficient estimate from the regression of y on X1.
According to Jeffrey Sachs, Illustrate kinds of development assistance can make a difference in Africa, and what role does he anticipate for the developed world.
The Federal Reserve System [Fed] has a huge measure of political independence. The Board of Governors, appointed through the United States president and confirms by the United States Senate, serve fourteen year terms.
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