Nation production possibilities curve
A devastating earthquake destroys numerous production facilities and the state of California disappears into the Pacific Ocean. How, if at all, will this affect our nation's production possibilities curve?
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An unexpected sporting event held nearby resulted in a huge increase in sales. She calls her company's distribution manager and requests a special delivery for her customer. Jenny is providing the important marketing function of:
Define gross domestic product. Determine whether each of the following would be included in the 2007 U.S. gross domestic product.
During the current year, Patricia sells activity C for an $18,000 taxable gain. Patricia's salary for the year is $100,000. What is the amount of Patricia's deduction against salary income?
Use the production possibilities frontier (PFF) to determine economic growth. With consumption goods on one axis and capital goods on the other, show how the combination of goods selected this period affects the PFF in the next period.
we know that US producer output would increase, imports would decline, and prices would rise. What economic arguments can you present in support of your position?
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Calculate the 2012 amortization of the net gain. The average remaining service life of employees is 10 years.
Discuss the Arrow-Pratt measures of risk-aversion, both absolute (r) and relative. Discuss the characteristics of optimal contracts in principal-agent problems when the agent (manager) is risk neutral.
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