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In view of the weak economy of the last several years, explain which of the four (4) components of GDP had, or is having, the greatest positive impact in our economy. Use the following historical tables to support your response.
Go to the Bureau of Economic Analysis at www.bea.gov Navigate on the home page to where it states "National," then select "Gross Domestic Product".
Next, select "GDP and the National Income and Product Account (NIPA) Historical Tables". The direct Web address is https://bea.gov/national/index.htm#gdp
What are the advantages and disadvantages of using an expansionary monetary policy in a recession compared to using fiscal policy? (Please note: I am not asking you how monetary policy works. You have already answered it in part c above. The quest..
What is the hypothesized elasticity of demand for one product/service that is produced by the company (or a product/company you are familiar with)?
You and a friend are in an Italian restaurant and the owner offers both of you an 8- slice pizza under the following conditions: each one of you must simultaneously announce how many slices you would like to have (i.e., each player i is belong {1,..
Compute the value of the price index for GDP for 2005 using 2004 as the base year. By what percent did prices increase.
Consider the case of a regulator and a single polluter. Suppose the regulator knows the marginal damage from pollution but is unsure about the firms marginal savings from emitting. The regulator asks the firm to reveal its marginal savings from em..
Discuss how the aggregate expenditure function shifts in response to changes in each of time following variables:
imagine the world contains only two nations and that one of them is experiencing capital flight. In the diagram, below trace out the effect of this capital flight on the other nation. Indicate whether the real interest rate.
If the number of people unemployed is 100, the number of people employed is 1000, and the working-age population is 1400, then the labor force is
Why do business departments have more money than otherdepartments? What economic measures can be taken to relieve thedifferences in salaries?
What do you think that they would be able to effectively reflect the true marketplace benefit and price.
Discuss and explain why hyperinflation has such a devastating impact on economies. Describe what it takes to stop hyperinflation.
Explain how much profit will the perfectly competitive firms earn. How much profit will the monopoly firm earn.
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