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U.S. real gross domestic product increased from $10 trillion in 2000 to $15 trillion in 2010. During that same decade the share of manufactured goods (e.g., cars, appliances) fell from 16 percent to 12 percent.
What was the dollar value of manufactured output in
a) 2000 and
b) 2010
What is the current annual inflation rate (based on the CPI-U) Summarize the major reasons behind this figure. What is the most recent numerical value of the CPI-U What exactly does that number mean
Explain how should we expect this phoenomenon affect the US economy at the macro-level, short run and long run.
Elucidate your answer using proper economic terms and analysis.
Illustrate how is the magnitude of each affected if, instead of a moderate inflation, hyperinflation occurs.
Commmon and preferred stock issuances and dividends. Permabilt Corporation was incorporated on January 1, 2003, and issued the following stock, for cash:
Briefly explain the tools that governments have to move the economy from either a recessionary or expansionary gap to the long run equilibrium level.
Elucidate what would social security payments have been in 2001 if the actual rate of inflation had been used.
Explain how have these policies affected the employment rates for the housing industry.
A sample of 500 business professionals found that 30% chose an airline based on price. a) If the population proportion of all business professionals who select an airline based on price is 0.27, then what is the probability that we would find a s..
The questions asked if a paper mill manufactures $1 million worth of paper this year but adds considerably to the pollutants in a nearby river, are the social expenses arising from this pollution reflected in the gross domestic product?
What is the difference between book value accounting and market value accounting? How do interest rate changes affect the value of bank assets and liabilities under the two methods? What is marking to market?
Joe and Matilda are two farmers, each cultivating some acreage of corn in Wisconsin. Their plots share a border and a reservoir straddles the boundary. Each draws water from the reservoir for their crops. Joe's marginal net benefit for water is g..
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