Spending longstanding & can be also a tax policy/decreasing; increasing
What will be an ideal response?
makes taxes decrease & debt increase GDP=Increase C+ increase I +G+NX
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Suppose than an economy has output Y = A , that Y equals $19 trillion, capital K is $27 trillion, and labor L is 125 million workers. Given this information, what is the closest approximation of total factor productivity A?
A) less than 0.01 B) around 0.25 C) roughly 0.33 D) close to 0.4 E) exactly 144
The gross replacement rate is typically 95% of pretax earnings.
A. True B. False C. Uncertain
Hi Phi Sound Unlimited has a monopoly over the installation of surround sound systems. Hi Phi Unlimited's total revenue from installing 15 sound systems is $30,000 and its total revenue from installing 18 sound systems is $33,000. The marginal revenue received from selling the 18th sound system is
A. equal to the price of the 16th sound system. B. greater than the price of the 16th sound system. C. less than the price of the 16th sound system. D. Indeterminate from the given information.
to the given data. At a world price of $2:
Answer the question on the basis of the following data for the hypothetical nations of Alpha and Beta. Q s is domestic quantity supplied and Q d is domestic quantity demanded.
A. Alpha will want to import 20 units of steel.
B. Beta will want to export 20 units of steel.
C. Alpha will want to export 20 units of steel.
D. neither country will want to import steel.