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1. We grow wheat that sells for $40,000. The wheat is milled into flour that sells for $55,000. The flour is used to bake bread that sells to consumers for $90,000.
A. $105,000 goes into GDP.
B. $50,000 goes into GDP.
C. $185,000 goes into GDP.
D. $90,000 goes into GDP.
2. If nGDP is $9000 billion while rGDP is $12,000 then the GDP deflator is...
3. Typically, a period where GDP is falling for at least 6 months is considered to be:
A. Recovery
B. Recession
C. Trough
D. Expansion
A small truck is purchased for $22,000. It is expected to be of use to the company for 6 years, after which it will be sold for $4,000. Determine the depreciation deduction and the resulting unrecovered investment during each year of the asset’s life..
Mars Inc. manufacturers M&Ms the milk chocolate comes in a variety of colors : blue, brown, green, orange, red, and yellow. the overall proportions for the colors are 0.24 blue, 0.13 brown, 0.20 green, 0.16 orange, 0.13 red and 0.14 yellow in a sampl..
Explain how much does the total amount of deposits in the banking system increase? By how much does the money supply increase.
According to the classical view, which of the following statements is true? The government's budget deficit is equal to. Which of the following is a leakage in the macro economy?
If a deposit outflow of $50 million occurs, which balance sheet would a bank rather have initially, the balance sheet of the following balance sheet.
How does Supply and Demand play a role in economic thinking? What factors influence economics that don't directly relate to it? How does public choice economics influence the market?
Elucidate that contract align the incentives of the new vice president with the goals of the owners.
Suppose that U.S. citizens start saving more. What does this imply about the supply of loanable funds and the equilibrium real interest rate. Explain what would happens to the real exchange rate.
illustrate what is the largest cardholder fee that Tuan will pay. the long run a perfectly competitive firm experiences economic profit and new firms will enter the market.
List all of the possible outcomes under each of the strategies. What is the expected number of delivered (unbroken) eggs under eachstrategy.
The market demand curve for the industry is D(P) = 240 ? P/2. At the equilibrium market price, each firm produces 20 units. What is the equilibrium market price, and how many firms are in this industry?
q1. referring to the output and substitution effects explain why an increase in the wage rate for autoworkers will
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