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During 2002, real GDP in Japan rose about 1.3 percent. During the same period, retail sales in Japan fell 1.8 percent in real terms.What are some possible explanations for retail sales to consumers falling when GDP rises?
Capital stock at the end of the year of this economy to remain constant as the beginning of the year, how much investment is needed.
Suppose that Jenny is the only consumer in the antique car market. Her willingness to pay for an antique car is $200,000. Based on Jenny's willingness to pay, plot her demand schedule in the graph below using the blue points (circle symbol). Line ..
Suppose each government has a target level of output of 125 and that each government increases government spending by the same amount.
Explain what occurs when a new technology makes another one obsolete in terms of economic profit.
Government increases its spending by $2 billion and raises taxes by $1billion. Illustrate what happens to equilibrium income.
Illustrate what two policies could you use to reduce the total amount of emissions.
Illustrate what is the industry's profit maximizing output level. Is the organization in long-run equilibrium.
Discuss possible hold-up problems, importance of long term contracts, and possibility of underinvestment in labor that might occur under such compensation schemes.
Should Joe continue to search or buy a DVD player at a price of $200. Elucidate your answer and show your calculations.
Illustrate what could be related goods to health care. Illustrate what are the inter-relationship between these goods.
A manufacturer has been selling 1600 television sets a week at 370 dollars each. A market survey indicates that for each 36 dollars rebate offered to the buyer, the number of sets sold will increase by 60 per week. Find out the demand function.
A decade ago Mirk Labs incurred $60 million in research and development coss for Zatab. Current production costs for Zatab are constant and equal to %5 per unit what whole sale price will Mirk Labs set.
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