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Suppose worker productivity increased at the rate of 1.9% per year. If the Labor force grew by 1.5% per year, what rate of increase in RGDP would be sustainable without increasing inflation pressure?
Suppose there was a Bertrand duopoly. Each firm produces the product at constant average (and marginal) cost $10, and the demand for the product is given by Q = 5000 ? 100P If the Bertrand game is played in a single period, how much will each firm ch..
Figures from a consumption function table in billions of dollars:Disposable Income 200 Planned investment 50Consumption 250 Government Spending 30Net Exports 10Taxes 30Question 1: What is the total planned expenditures?Question 2: What is unplanned i..
aggregate outputincome consumption planned investment2000 2100 3002500 2500 3003000 2900 3004000 3700 3004500 4100
he columbia company manufactures a battery-powered saw. due to increased demand during the past few years columbia has
State the conditions under which a nation can gain from international trade in the context of both comparative and absolute advantage, and describe the benefits of international trade.
A solar-water heating system uses solar panels on the roof of a large build, 40.0 m above the storage tank. The pressure at the panels is 1 atmosphere. What is the absolute pressure at the top of the tank?
How do you go about weighing the alternatives? Once you choose a most important use of time, why do you not spend all your time on it? Use the notion of opportunity cost in your answer.
There is the firm that has pricing control of its output and is capable to identify its consumers in two groups. The total quantity demanded for its output is the summation of quantity demanded by the two groups,
Microeconomics is the study of economics at the individual or micro level. One of the most well known microeconomic models is the production possibilities frontier,
Define depository institution, and discuss types of depository institutions are found in the U.S. and how do they act as intermediaries between savers and borrowers?
If unemployment insurance were so generous that it paid unemployed workers 90% of their regular salary A. the official unemployment rate would probably understate true unemployment. B.
1. assume you are a policymaker in washington dc. lobbyists for the preschoolers of america have put pressure on
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