1.Enchante Inc., a designer clothing company, buys $400 worth of silk from a silk trader and $30 worth of accessories from AccessoriesRuS to produce each dress. If the value added by Enchante is equal to $200, then according to the value-added approach, the price of the designer dress should be:

2.In an economy why do people forego interest and hold money

3. Many Silicon valley entrepreneurs, including the late Steve Jobs, the current CEO of Apple Tim Cook, and the famous Mark Zuckerberg all endorse raising the quote of H1B visas for foreign nationals who complete degrees in the US in science, math, and engineering. We learned in lecture that this would do the following to the ratio of skilled to unskilled wages and employment

4. What is the cause of leftward shift in the Aggregate Demand curve in the Great Depression of 1929-33

5. Suppose the marginal propensity to consume changes from 0.75 to 0.9. How will this affect the consumption function?

6. Consider Country X with a GDP level of 210,000 and a growth rate of 5% in 2013 (calculated at the end of year 2013). The experts predict that the growth of the economy of Country X will gradually slow down in the coming years. More precisely, they foresee the following growth rate figures

2013-20165%

2016-20193%

2019-on1%

a. Assuming that the predictions of the experts listed above are accurate, when in the future will Country X's GDP double compared to the GDP level of 2013?

b. Assuming that the predictions of the experts listed above are accurate, when in the future will Country X's GDP double compared to the GDP level of 2013?

c. Consider now the more optimistic scenario in which the economy does not slow down and the current growth rate of 5% remains constant in the coming years. How long will it take for the GDP level to double in this scenario? Express your answer in two forms: i) in number of years, ii) as a fraction of your answer in part a.

7.What measures should the government take to reduce the unemployment rate

8. Discuss the different types of inflation

9. What are the solution to unemployment

10.Discuss Keynesian theory