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1. If GDP is growing at a rate of 5% per year, in how many years will GDP double?
2. What is the rate of inflation from year 1 to year 2?
Consider the construction of handmade rugs moreover assembly line robots in Canada and India.
Ethics begins at home. What moral and ethical problems do you observe around your school? What seems to be causing the collapse of values, if that is what you perceive? Or what keeps students on a moral and ethical journey?
Which of the following is a positive economic? statement? Suppose the U.S. government encouraged consumers to trade in their old automobiles for more? efficient, new models by paying up to? $5,000 for the old automobiles. These consumers would be exe..
Can you give me a 500 word summary explaining what "opportunity cost " is?
Since the early 1990s, the average rate of growth of per capita real GDP in Mozambique has been 3 percent per year, If a typical resident of each of these nations begins this year with a per capita real GDP of $3,000 per year, about how many more dol..
Assume that the price of wheat [an important input in the production of pasta] has decreased and at the same time, good economic conditions have increased the income of consumers. If pasta is an inferior good, show graphically and briefly explain wha..
Starware Software was founded last year to develop software for gaming applications. Initially, the founder invested $800,000 and received 8 million shares of stock. Starware now needs to raise a second round of capital, and it has identified an inte..
The Federal Reserve Board is considerining changing its target inflation rate. However, they are concerned about the immediate effect on inflation. Find the sensitivity of equilibrium inflation to a change in the Fed's target inflation rate in the..
The future worth in year 10 of a geometric gradient series of cash flows was found to be $80,000. If the interest rate was 15% per year and the annual rate of increase was 9% per year, what was the cash flow amount in year 1?
Flying Penguins Corp. has total current assets of $14,107,000, current liabilities of $3,317,000, and a quick ratio of 0.76. How much inventory does it have? Bummel and Strand Corp. has a gross profit margin of 30.46 percent, sales of $38,092,000, an..
How does a cut in interest rates that increases investment affect the quantity of real GDP demanded, the aggregate demand curve, real GDP, and the price level?
There is currently a surplus of allowances at the price of zero. What must be true of the relative positions of the market demand and supply curves? Explain. If the EPA were to allow firms to use allowances to emit sulfur dioxide as they did in the p..
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