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A. If GDP = $500; Consumption (C) = $350; Transfers minus Taxes (TR - TA) = $20; Investment (I) = $150; and the Budget Deficit (BD) = $120; what is the dollar value of Net Exports (NX)?
B. Assume the following national income data (in billions $):
Consumption $900Transfers 40Investment 300Net exports -31Government purchases 410Capital consumption (Depr.) 120Indirect business taxes 95
What is the value of net domestic product (NDP)? What is the value of national income (NI)?
After allowing for sleep and personal care, she has 70 free hours each week and must split these hours between work to earn money.
Suppose that the only input used in the generation of solar energy is sunlight
Calculate the purchasing power parity exchange rate between the Swiss franc and the dollar. Based on your calculation, is the SF overvalued or undervalued.
Store maximizes profits and the price elasticity of demand for milk is -2 for coupon users, what is the price elasticity of demand for non-users.
Sharp rises in the cost of milk, grain, and fresh fruits and vegetables are hitting cafeterias across the country, forcing cash-strapped schools to raise prices or serve more economical dishes.
Remaining group did not have jobs, except all said they would like one. 5 of this group had not looked actively for work for 3 months.
Calculate whole expected convenience from each restaurant option and also compare?
How much should it raise government spending, if the government looks to raise income to 3000.
Calculate Max's marginal utility from snorkeling at each number of hours per day. Does Max's marginal utility from snorkeling obey the principle of diminishing marginal utility.
Steps that a government take to ensure that sustainable development is always considered in assessing which major economic projects or investment proposals to accept
Sets out the aggregate demand and aggregate supply schedules in Japan. Potential GDP is 600 trillion yen. What is the short-run macroeconomic equilibrium.
Idea that a country can simultaneously pursue only two of the three following policies: free international-capital flows, monetary policy for domestic stabilization, and a fixed exchange rate.
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