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The total value of saving in the economy must equal the total value of investment. Assume a closed economy where:
I= Investment,S= Sprivate + SpublicSprivate=Private Saving,Spublic=Public Saving,C= Consumption Expenditure,G=Government Expemditure,Y=GDP,TR= Government tranfers
which one of the following expressions shows the investment-saving equality?A. S= Y+T-TR-GB. S=Y-C-GC. I= Y+TR-C-TD. I= Y+TR-C-C
Relate the most significant impact of one or more of these factors and how they helped transform the American economy as it approached the eve of the Civil War.
What are the main reasons why countries trade and Are there winners and losers with free trade and export? What is the effect of trade on the unemployment rate in the United States?
The expression, "There's no such thing as a free lunch," implies that a. everyone has to pay for his own lunch. b. the person consuming a good must always pay for it. c. opportunity costs are incurred when resources are used to produce goods and s..
All of the following questions or statements regarding medical school are positive except: A) How do changes in expected future incomes affect the decisions of medical students about which specialty to choose?
Suppose the number of points on an economics midterm (P) can be characterized by the following procution function: P=5H-4B; where H is the number of hours spent studying for the exam and B is the number of beers consumed the week before the exam.
In your answer compare and contrast the relevance of techniques and practices utilized in Multics to those which are currently employed today in both a networked and a standalone computer environment.
which of the following statements concerning major cycles is incorrect?a. major cycles are characterized by wide
a person desres to accumulate 18500 over a period of five years from now so that a cash payment can be made foe a new
Assignment Instructions
Present the data collected above for GDP per capita in a single chart with a line for each country’s data. Compare and comment on the differences between each country and over time. Discuss possible economic reasons for those differences
Identify also describe three trade restrictions. In your opinion, which method of restricting trade is the most efficient.
Suppose voter A perfers candidate 1 to 2 to 3 to 4 (where there are 4 candidates). Show that all actions that consist of voting for up to three candidates and not skipping a lower numbered candidate are not weakly dominated (voting for 1 only, vo..
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