equations for a macroeconomic model including private, public, and international sectors. Derive the aggregate demand function. List the forces (i.e., factors) which are held constant for each behavioral equation. Select four of these and, for each, explain how a change in the exogenous factor will affect the aggregate demand function. Explain the effect of each change on real income and output, employment, the price level, the interest rate, the

Factoring Week Two Discussion Questions How do you factor the difference of two squares? This expression is called a difference of two squares: The factors of a2 - b2 are: (a + b) and (a -- b) How do you factor the perfect square trinomial? Both x2 and 9 are perfect squares. Because subtraction is occurring between these squares, this expression is the difference of two squares. x2 = x * x The factors are (x + 3) and (x

The color of the car was also considered as 1= brown, 2 = black, 3 = blue, 5 = red, 6 = yellow and 7 = white. Other variables included the time of the day and month at which the person was caught driving to control for the possible rush hour affect and month influence, the exact time of the stop was eliminated to avoid double counting in the

Diminishing Marginal Utility is the basis by which a good gets its value in the marketplace? As part of your answer explain the concepts of consumer's preference and consumer's surplus and how they contribute to the valuation process. The concept of diminishing marginal utility holds that the more a consumer consumes something, the less he or she will gain in terms of his or her real and perceived value of

Under the arrangement, moreover, a country with efficient production and a favored competitive position (including as enhanced by new capital goods) is rewarded with rising income and reduced unemployment. No grand scheme of state or international planning and direct control is required. Exchange rates are for the most part fixed under the classical gold-flows mechanisms (say, $/£ const. within fixed limits), as stated, and adjustments to trade imbalances

2.5. Limitations of the study At the level of the limitations, these refer to the usage of secondary information, as opposed to the collection of primary data through the direct analysis of the Chinese market. This limitation is nevertheless addressed through the integration of multiple sources of valid and verifiable information, leading as such to the creation of solid, relevant and reliable findings. The second limitation is one common to all research