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Q1. Disposable personal income equals personal income
a. minus government transfer payments plus personal tax payments.
b. plus government transfer payments.
c. minus personal tax payments plus government transfer payments.
d. minus personal tax payments.
Q2. What two factors are the keys to determining labour productivity?
a. the average level of education of the workforce and the price level
b. the business cycle and the growth rate of real GDP
c. technology and the quantity of capital per hour worked
d. the growth rate of real GDP and the interest rate.
If you deposit RM3,000 with each bank, illustrate what will be the difference in the two bank account balances after two years.
What do Keynesian and New classical economists believe about macroeconomic policy. Which role of thinking do you think you would fit in?
Elucidate why haven't the changes to campaign finance laws passed in 2002 been effective in stopping the flow of soft money
Illustrate what will be total effect on M3 money supply. Explain illustrate what steps can be taken by Fed to reduce M3 money supply in economy.
Sets out the aggregate demand and aggregate supply schedules in Japan. Potential GDP is 600 trillion yen. What is the short-run macroeconomic equilibrium.
Brinley puts on an art show in a public space asking for donations base on how much people enjoy his work.
Suppose a firm's total assets turnover ratio falls from 1.0 to 0.9, but at the same time its profit margin rises from 9% to 10%, and its debt increases from 40% of total assets to 60%. Under these conditions, the ROE will decrease.
Explain why do we consider a business-cycle expansion different from long-run economic growth. Why do we care about the size of the long run growth rate of real GDP versus the size of the growth rate of the population.
If the average employee compensation grew at the rate of 3.5% per year, explain how many years would it take for it to double.
Under what conditions might the Justice Department approve a merger between two companies that operate in an industry with a premerger Herfindahl-Hirschman index of 2,900 if the postmerger index is expected to increase by 225.
Consider the argument made by Thad Williamson, article 3.4 in Real World Micro . Does "more" make us happier? If not, then why do we produce more? In your answer, consider the difference between the circuit of production under capitalism and that..
What is value of net domestic product. What is value of net investment.
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