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Consumption in year three is $200, investment in year three is $100, government spending in year three is $150, exports in year three are $100, imports in year three are $150. Prices for everything in year one are $20, in year two prices for everything are $28, in yrices are $35. What will the size of real GDP for three?
If one has 3 choices to move business into another country and the following information exists, should you do so in if so which country would you choose?
Which of the following auction examples has a common value information structure?
Illustrate what is the present macroeconomic situation (e.g. worrying about inflation also/or recession) in the U.S.
Describe the difference between nominal, effective and real interest and calculate what is owed after 5 years for the following example. 10% interest on $100 over the course of 5 years. Where relevant, the compounding period is 1 year. Inflation is 5..
Distinguish between discretionary and nondiscretionary fiscal policy. Which is most effective at combating unemployment? Which is most compatible with a "free" market?
Evaluate the economic growth and development economists. Determine which economist you feel made the most significant contribution to economic theory.
The third largest city of a country has a population of 12.5 million.
Walt considers x and y to be perfect substitutes. They originally cost $10 and $9 respectively. His income is $720. One day the price of x drops to $8.
Gordon also works 5 hours a week for the economics department to maintain that departments web page. Illustrate the economics department pays gordon $20 per hour.
Explain how shortages/surpluses are eliminated in a free market system. You can use graphs and specific examples in your analysis. Graphs don’t count towards the word limit. Explain the difference between scarcity and shortage.
If the federal government runs a surplus
Evaluate the financial performance of the company using the information providedin scenario. Consider all the key drivers of performance, such as company profit or loss.
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