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Suppose the media reports that the federal deficit this year is $200 billion. The national debt was $5,000 billion last year, and it is $5,200 billion this year. The price level this year is 3 percent higher than it was last year. The real deficit is $____?____ billion.
Starbucks is hoping to make use of its excess restaurant capacity in the evenings by experimenting with selling beer and wine. It speculates that the only additional costs are hiring more of the same sort of workers to cover the additional hours and ..
Testifying at a price fixing trial involving Cargill Corp. and the market for chicken growth hormone, (in which the Cargill is one of only three firms worldwide), an executive for Perdue said: "It's an oligopoly. When one (firm) changes price, they a..
Consider a case of small open economy. In this economy, there is an IT revolution, and as a result the productivity of the economy has gone up. What will be the eject of this productivity increase on interest rate and net export in this economy? What..
Assuming 100 identical firms in the industry (further assume that factor prices remain the same) what quantities will the industry and each firm supply when the product’s price is $9? What if prices are below $5?
To produce that many donuts weekly, company uses 1,000 pounds of flour, which must be delivered by 5:00 am every Friday morning. Explain how should manager of company acquire flour. Explain."
"Starting from an initial position of equilibrium with X – M =0, an economy experiences income growth. If this growth is due to an autonomous increase in investment, then the balance of trade will move into a deficit, while if it is due to an exogeno..
a farmer has a production function fl where the input is capital l. the cost of this loan is l1i. the farmer also has
How do changes in disposable income affect government purchases and the government purchase function? How do changes in net taxes affect the consumption function?
How can the use of Material Requirement Planning Contribute to productivity?
Elucidate the capital budgeting process. Comment on the key elements used to gauge capital projects. Evaluate capital investment decisions by using time-value-of-money yardsticks
Suppose you have a cash flow that pays $10 in every period from time 16 to 50 and you face an interest rate of 10%. What is the present worth of this cash flow?
the mainstream theory of the business cycle, is the most common source of reciession: a decrease in aggregate demand, a decrease in aggregate supply, or both.
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