Achieving the target gdp
Assume that the VM will turn over 4 times next year if the country wants a GDP of $22 billion at the end of next year, what will have to be the size of the money supply? What percentage increase in the MS will be necessary to achieve the target GDP?
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Given the demand curve in part (A), what is equilibrium price and quantity? If consumer incomes increase to $30,000, what will be the new equilibrium price and quantity?
Assume that the VM will turn over 4 times next year if the country wants a GDP of $22 billion at the end of next year, what will have to be the size of the money supply? What percentage increase in the MS will be necessary to achieve the target GD
What happens to total expenditure of the tour agency if the price fall from $400 to 350 per night per room? Is the demand for hotel room elastic, in elastic, or unit elastic?
Calculate the target cost for maintaining current market share and profitability. Calculate the non-value-added cost per unit.
The supply function is S(p) = p. The current administration manages to enforce a price ceiling of 40A2 per button. The effect on net consumer's surplus is?
What is the opportunity cost of investing in capital? Do you think a country can "over invest" in capital? What is the opportunity cost of investing in human capital? Do you think a country can "over invest" in human capital? Explain.
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