Calculate the mechanism in the economic system
Calculate the mechanism in the economic system that guarantees the saving of the economy will always equal the investment of the economy? You may assume a closed economy in answering the question.
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Find out who is and is not included in the labor force, discuss how the unemployment rate is calculated, and list and explain the major types or categories of unemployment.
Assume the demand function is Qxd = 100 - 5Px + 2Py - M. If Px = $4, Py = $2, and M = $50, Determine the cross-price elasticity of good x with respect to the price of good y?
In semiconductor manufacturing process, three wafers from a lot are tested. Each wafer is classified as pass or fail. Assume the probability that a wafer passes the test is 0.8 and that wafers are independent.
If in 1984, measured GDP in Canada was $400 billion, and in 1985 it was $440 billion, discuss why we cannot necessarily conclude that the typical Canadian's welfare has improved by 10-percent over the year.
Sickle-cell anemia is hereditary medical condition affecting red blood cells which is thought to protect against malaria, a debilitating parasitic infection of the liver and blood.
In each of the following cases, indicate which good you think has a relatively more price elastic demand and find out the most likely reason, in terms of the determinants of the elasticity of demand (more substitutes, greater share of budget, or m
According to the eMarketer, adults in the United States average 82 minutes per day on mobile devices in 2012. Assume that minutes per day on mobile devices follow the normal distribution and has a standard deviation of 27 minutes.
For each of the expected inflation rates of 0,2,4,6, and 8 percent, determine the nominal interest rate and the after tax expected real interest rate if the tax rate is 30 percent.
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Multiple Choice Question Identify a true statement about political systems controlled by men. Multiple choice question.
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