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Suppose that the level of capital in the economy is 200 units, the depreciation rate is 10%, and the level of investment is equal to 10 units. In this case:
a. investment is equal to net investment.
b. the economy is in a steady state.
c. the level of output will increase.
d. investment is less than net investment.
e. investment is greater than net investment.
The demand for housing is often described as being highly cyclical and very sensitive to housing prices and interest rates. Given these characteristics describe the effect of each of the following terms of whether it would increase or decrease the..
What is a market structure? Define and discuss in detail the differences between a monopoly, an oligopoly, perfect competition and monopolistic competition.
In a competitive market, the market demand is Qd = 400 - 5P and the market supply is Qs = 10P - 80. A price ceiling of $32 will result in a. a shortage of 80 units b. a shortage of 44 units
The customer price index was 128.96 in 2006 and, between 2005 and 2006 the inflation rate was 24%. What was the customer price index in 2005?
in an economy with no government sector investment is 1000 net exports are 100 and the consumption function isincome
The Teenager Company makes and sells skateboards at an average price of $70 each. During the past year, they sold 4,000 of these skateboards. The company believes that the price elasticity for this product is about -2.5. If it decreases the price ..
The total cost of a firm is given as C(Q) = 0.2Q3 - 0.5Q2 + 300Q +100 the current level of production is 10 units. If the firm plans to increase its level of production to 10.1 units estimate the change in the total cost of production
Flight to Safety
1explain why in a perfectly competitive market the firm is a price taker. why cant the firm choose the price at which
Based on the data provided, create a report in Microsoft Word discussing the trade balance between China and the U.S. for the most recent five year period.
What are the benefits and disadvantages of a private-label brand vs. a national-manufacturer brand? Consider this from both the retailer's and customer's viewpoints.
suppose that in 1984 the total output in a single-good economy was 10000 buckets of chicken and the price of each
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