Economics Answers

I have studied these 1) Gross value added= value of output- intermediate consumption. 2) Net value added= gross value added- depreciation. But how could we say "Net value added = Gross value of output – Value of intermediate consumption"? This formula from the source I have underlined. Source: https://courses.lumenlearning.com/boundless-economics/chapter/measuring-output-using-gdp/

What does law of increasing costs state

What is the difference between Internet marketing and personal selling from viewpoint of marketing communication?

GDP gives the picture from the consumers’ side, while GVA gives the picture from the producers’ side. By definitions of both GDP and GVA "the amount of goods and services PRODUCED in an economy in a year". Here is my question, if both GDP and GVA are 'produced' side according to definition then why GDP from consumer's side and GVA from producer's side? I am confused so please clarify my doubt.

GDP at factor cost= Net value added + Depreciation. Here my question is why depreciation added to Net value added? I am confused here: Net value added = Gross value added - depreciation; so the above formula becomes GDP at factor cost= Gross value added - depreciation + Depreciation. Here depreciation get cancelled and finally becomes GDP at factor cost= Gross value added.

Explain in detail how each of the following relates to the determination of either investor objectives or investor constraints that can be used to determine the portfolio policies for this three-year period for the Midlands Museum Endowment Fund also explain the processes in Exhibit A:
 Liquidity requirements
 Return requirements
 Risk tolerance
 Time horizon
 Tax considerations
 Regulatory and legal considerations
 Unique needs and circumstances

Question 1
Suppose the representative consumer’s utility depends on goods, c and leisure , 24−l, where l is the quantity of hours worked: u = ln c+(24−l).
And suppose the consumer’s production function is c = 6 l. (a) find the equilibrium c, l and u. [24 Marks]
(b) What changes in the production over time would be required to gen- erate economic growth? [4 Marks]

Explain fully how a real depreciation affects output.

The tools of health economics are irrelevant to emerging economies’ health systems because:

a. Government necessarily plays a huge role there since so many citizens are poor

b. They just need to worry about infectious disease for the next 10 years

c. Health economics is only useful when private insurances is involved and there is little to none in these countries

d. None of the above, health economics tools are useful to any society facing tradeoffs.

With the help of an IS-LM diagram show the effect of restrictive monetary policy on output under flexible exchange rates and with perfect capital mobility.