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Suppose foreigners spend $7 billion on U.S exports in a specific year and Americans spend $5 billion on imports from abroad in the same year, what is the amount of the United States net exports?
Baby copy company is a worldwide producer of copy machines. It manufactures 10 different copieers, ranging from low-end desktop copiers that sell for a few hundred dollars to high volume document machines that retail for over $200,000.
The manager of a corporate division faces possibility of an audit each year. She prefers to spend time preparing if she will be audited;
Happy s Pets inc has had a virtual monopoly anti depressants drugs for animals for many years (similar to Eli lilly product prozac for human) with a patent on this drug it has had very little competition and this drug has been a major source of co..
Does anyone know about the relevance of Keynesian economics to recent economic policy in the United States? If yes, please explain me about this, and if it's possible, give me some resources for this topic.
We would like to determine if Candidate 1 will win the upcoming mayor race. A randomly sampled poll shows candidate 1 ahead of candidate 2. Candidate 1 is projected to win 45% of the votes and Candidate 2 is projected to win 43% of the votes.
Examine the tools of fiscal policy also explain how they are used to reduce inflation or eliminate a recession.
Suppose that in 1984 the total output in a single-good economy was 10,000 buckets of chicken and the price of each bucket of chicken was $10. In 2005 the price per bucket of chicken was $20 and 25,000 buckets were produced.
Please explain what is meant by a budget deficit and what is the national debt. While many think these terms are synonymous, they are very different, please explain. What are the approximate values of each of these?
(The Federal Budget Process) The federal budget passed by Congress and signed by the president shows the relationship between budgeted expenditures and projected revenues. Why does the budget require a forecast of the economy
Describe various goods you either buy or sell at your workplace that are price elastic.
The price level of a basket of goods in 2002 was $64.00. The price level of that same basket in 2003 was $68.00. If 2002 is the base year, what was the price index in 2003?
Which is more likely to return the European economy to long term growth, austerity (reducing public debt) or deficit finance (increasing public debt)? Use economic models to analyse this question.
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