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Determine whether each of the following would be included in the 2002 U.S. gross domestic product:
a. Profits earned by Ford Motor Company in 2002 on automobile production in Ireland.b. Automobile parts manufactured in the United States in 2002 but not used until 2003.c. Social Security benefits paid by the U.S. government in 2002.d. Ground beef purchased and used by McDonald's in 2002.e. Ground beef purchased and consumed by a private U.S. household in 2002.f. Goods and services purchased in the United States in 2002 by a Canadian tourist.
Illustrate what other economic factors are affected when taxes are raised or lowered, and how are they affected.
The New York Times cost $0.15 in 1970 and $0.75 in 2000. Average wage in manufacturing was $3.23 a hour in 1970 and $14.32 in 2000.
Illustrate a range of factors which might determine whether an internal or external strategy is pursue such a growth strategy.
If the Rhine Corporation ignores the possibility that other firms may enter its market, it should set a price of $10,000 for its product, which is a power tool.
In 1929 and 1933, GDP measured in current prices fell from $96 billion to $48 billion. Over the same period, relevant price index fell from 100 to 75.
Explain why is a risk analysis so important. In your opinion, which among the factors of the risk analysis carry more weight than others?
UBS does not respond to its competition explain how much of its sales is it going to lose.
Illustrate what do each of the following seek if they pursue their own self interest: consumers, resource owners, and business firms.
Illustrate what price-quantity combination maximizes your firm's profits. What price-quantity combination maximizes revenue.
In 2008-2009, the nation economy retrenched in the wake of a global financial crisis. Did the globalization of capital markets contribute to this crisis.
Utilizing demand and supply analysis to assist you, what are the effects on the exchange rate between the British pound and the Japanese.
Assume the role of regional integration in promoting global business of Kenya, Africa.
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