Assume that equilibrium gdp (y) is 5,000. consumption (c) is given by the equation c = 500 + 0.6y. investment (i) is given by the equation i = 2,000 – 100r, where r is the real interest rate, in percent. in addition, assume that g=0. in this case, the equilibrium real interest rate is: a. 2 percent. b. 5 percent. c. 10 percent. d. 20 percent.
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Business, 22.06.2019 22:30
Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. in this case, the country that produces jeans will produce million pairs per week, and the country that produces corn will produce million bushels per week.
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Business, 23.06.2019 02:20
The director of the federal trade commission (ftc) bureau of consumer protection warned that the agency would bring enforcement action against small businesses that select one: a. failed to inform the public about network failures in a timely manner b. failed to transmit sensitive data c. did not report security breaches to law enforcement d. lacked adequate policies and procedures to protect consumer data.
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Assume that equilibrium gdp (y) is 5,000. consumption (c) is given by the equation c = 500 + 0.6y. i...
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