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Given that the annual average growth rate of potential GDP is 6.48%. Suppose the economy grows 0.5%/year faster than at the growth rate of potential GDP. What is the first quarter at which actual GDP exceeds potential GDP?
Given Real GDP = 13450Given Potential GDP = 14250
Assume Bank A, which faces a reserve requirement of 10%, receives a $1000 deposit from a consumer.
Find out Trade Stats Express also find out National Trade Data. Determine the trade balance between the U.S. and China for the period of 2005-2011.
Calculate the profit-maximizing price and quantity combination for the firm. What are the firm's profits and calculate the equilibrium price and quantity algebraically
What is the maximum amount of new loans that this bank can make and assume that the bank makes these loans. What will the new balance sheet look like?
Illustrate the notion that people are rational respond to incentives consider an experiment conducted by researchers at St. Luke's Roosevelt Hospital in New York City.
Illustrate a range of factors which might determine whether an internal or external strategy is pursue such a growth strategy.
The government did nothing to stem the decline. From the point of view of economic policy, elucidate what would you think was the reason.
Assume the new leadership in Congress decides to repeal some of the tax breaks granted to large businesses during the past several years.
Assume you are the manager of a California winery. How would you expect the following events to affect price you will receive for a bottle of wine?
Describe the following from an economic perspective and give numerical examples:
Explain why is it that a firm in a perfectly competitive market can sell as much as it wants without a change in price occurring? As a result, what is the elasticity of demand affecting the firm then.
A local surf store estimates that their average consumers demand a year is P=3.5-0.5Q, and knows that the marginal cost of each rental is $0.5.
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