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ECON 1012 Tien FULL ACCESS HOMEWORK ANSWER KEYS (all 9 assignments, A guarantee!)
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This bundle includes FULL ACCESS to all of professor Tien Principle of Economics II (Macroeconomics)'s homework ANSWER KEY. The homework is worth 20% of your grade and has helped me received an A- in the class. Check out "ECON 1012 Tien Final Cumulative Study Guide (everything you need to know, plus graphs!)" for your success!
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ECON 1012 Tien: Macroeconomics Homework 2 Answer Key
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Westeros Computing Total profit = Total revenue - Total cost = $0.7 million Meereen Supercomputer Total profit = Total revenue - Total cost = $0.6 million Product approach: Sum of the value of the final product (not counting revenue from Westeros Computing because they produce intermediate goods which are all used up by Meereen Supercomputer) = GDP = $3.8 million Expenditure approach: Y = GDP = C I G Nx In this case, we have two factors: Consumption and Investment. We don’t count the consumpt...
