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Why does equilibrium real GDP occur where C + Ig = GDP in a private closed economy? What happens to real GDP when C + Ig exceeds GDP?
As output expands, at what level of output does this grower first start to experience diminishing marginal productivity of labor? Explain your answer.
What is the opportunity cost of beef in each country? Analyze comparative advantage and opportunities for trade between the U.S. and Argentina.
You can afford to make monthly payments of $1,950, but no more. Assuming monthly compounding, what is the highest rate you can afford on a 60-month APR loan?
the value of this equipment will be $30,000, even though the depreciation expense for tax purposes is only $5,000 during the first year. Determine the pre-tax accounting profit for this venture.
Each hour of labor produces 12 drinks. The cost of producing each drink is $2. How many workers should Juice and More hire to maximize profits?
What is the profit maximizing level of labor demand if Q=50? (potentially hard) What is the long-run quantity produced? Don't assume Q=50.
Find the long-run profit maximizing level of labor demand and capital demand. Do not state Q=K=E=infinity since increasing returns to scale.
Find the long-run profit maximizing level of labor demand and capital demand. If wages change to $9, which effect is stronger for capital, substitution or scale?
Find the short-run profit maximizing level of labor demand if capital is fixed at 40 units. Find the long-run profit maximizing level of labor demand and capital demand.
Find the long-run the elasticity. You do not need to type this answer or the mathematics. Leave a blank spot on your answer sheet and hand write your math.
If a relationship is found between these variables, then the university may explore the possibility of adding a faith development piece to their orientation and data collection.
Assuming the Marshall-Lerner condition holds and using the ZZ/Y and NX graphs, illustrate graphically and explain what effect a decrease in taxes.
Why would an unemployed college student need a credit card? What are the advantages of having a credit card? What are the disadvantages?
Describe the main components of the theoretical nutrition based poverty trap model. Consider the evidence discussed in class and from the readings.
Under this scenario, what should be the "entrance" fee for each consumer? what would be the producer surplus per each customer?
Determine the estimated regression equation with the four explanatory variables shown in the table. Give an interpretation of each of the regression coefficients.
Examine the major effects that government policies have on production and employment. Predict the potential effects that government policies could have on your company.
In what ways has the government become involved in the distribution of flu shots? For what reasons? Describe one (1) reason why the private market for flu vaccinations would produce an inefficient out
here are no other costs or taxes. Based on this information, compute David and Robert's contribution to the following measures of income?
Calculate the present value of the asset on September 1, 2009. You may assume that interest is compounded annually.
How that issue's negative impact can be minimized or positive impact may be leveraged. Provide support for your rationale.
sell as much as it can at a price of $40 then decrease the price to $25 and sell as much as it can. How many units in total is it going to sell under this scheme?
Calculate and graph the marginal cost of each pie. Show your calculations! Why does the MC curve have the slope (up, down, or flat) that it does?
Graph the demand curve for pecan pie. Does the demand curve have a positive or negative slope? Why? How many pies will Helen sell at $19.13? How many at $29.16?