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What is the difference between GDP and GNP? How did GNP change from 2008? What caused these changes? What was National Income (NI) for 2008?
What forces drove Mittal Steel to start expanding across national borders? What are the benefits to Mittal Steel from entering different nations?
Evaluate the impact of economics on the health care system and the implications of a poor health care system on a nation.
What are the limitations of the GDP in measuring total output and national welfare? What products (services) are excluded from the GDP computation?
Calculate the absolute value of the price elasticity of demand for canoe rentals, using the mid point formula.
Explain your reasoning regarding how you chose that consumption point. Submitting only a final answer will not earn credit.
GDP rises from $5 trillion in 1996, the base year, to $9 trillion in 2007, the current year. Find the percentage increase in real GDP between 1996 and 2007.
Why do you think the government should include estimates of the underground economy in its GDP calculations?
How will government regulation impact decision making? Will the community's makeup be a consideration for decision makers?
Review the SPSS output file which reports the results. What was the mean number of U.S. states in which all of the beer brands were sold in in 2008?
Explain what effect GNB s action will have on other banks? By what percentage do the bank s total assets decline?
Calculate the steady-state capital-labor ratio for each country. Does the initial capital-labor ratio affect your results?
What will happen to spending by consumers when the economy enters a downturn? The effect of the Great Depression on conventional wisdom was to.
Why did the mortgage default rate increase do sharply during 2006 and 2007 even before the 2008-2009 recession began?
List 5 things that are held constant along a market demand curve, and identify the change in each that would shift that demand curve to the right.
Please explain your reasons why a recession might occur? If your feeling is that a recession might not occur, please explain.
Describe how you plan to use startup requirements in detail providing a start-up budget which includes all initial capital expenditures and start-up expenses.
What percentage of income is paid in taxes at each level? What is the marginal tax rate on the first $1,000 ? The second $1,000? The third $1,000?
How does it relate to other things he/she has said about the same issue or ideas other authors have raised? What is the importance of this passage?
Discuss your plans for retirement with a special emphasis on income after retirement and health insurance.
What is a School Resource Officer (SRO)? Approximately how many School Resource Officers are there in the U.S.?
Using the real business cycle theory, explain two effects of an adverse technological shock on the labor market and on the output market.
Also write about whether or not Kenya has a promising future. What is there macroeconomic policy?
How economists are both scientists and policymakers and what principles society uses to allocate its scarce resources.
Write an illustration of the Production Possibilities model, including a summary of what the model is illustrating and the economic implications for economy.