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If real GDP increases by 5 percent and the population increases by 10 percent during the same period, real per capital income
a. increases
b. decreases
c. remains unchanged
d. increases if prices rise
How is corporate venturing used as an aid to search for innovation opportunities? Explain the relationship of the organization’s strategic plan and vision statement to the corporate venturing methodology.
The initial cost of constructing a permanent dam (i.e., a dam that is expected to last forever, perpetuity) is $425 million. The annual net benefits will depend on the amount of rainfall: $18 million in a “dry” year, $29 million in a “wet” year, and ..
In standard macro model, it is usually time preference that causes positive interest rate. But is there anything to do with risk aversion of utility function that causes existence of positive interest rate?
Suppose the own price elasticity of market demand for retail gasoline is -0.8, the Rothschild index is 0.5, and a typical gasoline retailer enjoys sales of $1,500,000 annually. What is the price elasticity of demand for a representative gasoline reta..
This is a business law question there is now select subject for business law so I chose economic Miller, R. (2013). Fundamentals of Business Law: Describe the value of having a will or a trust.
Which of the following best describes the position of the U.S. budget, as of fiscal year 2010, when all current spending and future entitlement obligations are taken into account?
Ilustrate what is the marginal propensity to consume (MPC).
Explain the Public Policy Lifecycle utilizing a public policy Discuss how the importance of developing a viable Policy Adoption and what policy makers need to consider when adopting new or amending existing policies.
A? person's income is ?$300?, the price of a video is ?$55?, and the price of deluxe pizza is ?$15. At?equilibrium, the marginal rate of substitution is equal to the slope of the price consumption curve. the consumer is buying three times more videos..
Decrease costs across the board. Find out elasticities of the products and increase the price on the inelastic shoes.
The relevant cost in economic decision-making is the opportunity cost of the resources rather than the outlay of funds required to obtain the resources.
The City of Ames issued a new series of bonds on Jan 1, 2009. The bonds were sold at par ($1,000), have a 2.5% annual coupon rate and mature in 10 years, on Jan 1, 2019. Coupon interest payments are made semi-annually (on June 30 and December 31). Wh..
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