# Economic theory "code (ET-93)

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The opportunity cost of production of 1 ton of corn production in the US is 0.2 tonnes of wheat at a maximum wheat production of 100 million. M. For Canada, the opportunity cost of production of 1 ton of wheat is 2 tons of corn at the maximum possible production of 50 million of corn. M.
How will the aggregate production possibility curve of the two states for the production of maize and wheat?

The Bank has received from the depositors 5000 den. U .. The rate of allowance is 12%. Bank pays its depositors 4% per annum. By what percentage the bank will loan the company if he intends to make a profit of \$ 240 den. u?

Activity 3
A public servant who receives at the end of the year after all deductions (including income tax) 25 thousand. \$. a year in the new year decided to open his own shop. His start-up capital is 50 thousand. \$. He expects to receive revenues of 300 thousand. \$.
For this project it is necessary:
• at the beginning of the year to pay the rent in the amount of 40 thousand. \$. the shop for the year ahead;
• at the beginning of the year to perform repair work in rented premises \$ 20 thousand. \$;
• hire three workers paying 15 thousand. \$. each year, the 5 th. \$. pay at the beginning of the year as an advance, and the remaining 10 thousand. \$. pay at the end of the year from the proceeds;
• to take the bank to cover the costs the missing sum of money for one year;
• leave of public sector employees and to concentrate on business.
Other expenses had not. Bank interest on deposits is equal to 8%, and on loans - 16%.
Determine the value of the financial and economic profit for the year (in thousands. \$.), Excluding income tax.

Accountant reporting your firm lost costs of the firm. He could recall only a few numbers. And for you to forecast your business needs and other data. Can you restore them?
Make the necessary calculations and fill in the table.

0 AFC VC AC MC TC
0100
October 20
May 20
30 11 390
40420
50 February 14

The company that manufactures the product in the unit price equal to \$ 25., Employs workers in a competitive labor market. The dependence of the average monthly product of labor (labor productivity per employee) of the number of employed workers shown in the following table:

Number of employees, L 1 2 3 4 5 6
Productivity, ARL 60 50 45 40 35 30

How many employees will hire the firm that seeks to maximize its profits, if the monthly rate of pay is \$ 600.?

Fill in the table.
The economy is characterized by the following macroeconomic indicators:
Income owners 84
Individual taxes 25
Corporate income 157
Government procurement of goods and services 124
Net investment 85
Rent 28
Interest payments 51
Dividends 63
The cost of capital consumption 73
Exports 26
Indirect taxes on business 47
Salary 365
Corporate income tax?
Personal savings?
The balance of the state budget?
Retained profit corporations 27
Transfer payments 52
Imports 43
Consumer spending 540
Gross investment?
Revenues of foreigners in the country 23
National income?
Net factor income?
Interest on government bonds 9
Disposable personal income?
Contributions to social insurance 35
Net exports?
Personal income?
Gross domestic product (expenditure and income)?
Gross domestic product?
Net National Product?

Fill in the table.
The economy is characterized by the following macroeconomic indicators (million people.).
The total population?
Children up to 16 years 11
Students 7
one full-time education 5.5
Retired 8.3
Resignations 1.8
Housewives 8.5
Dismissed looking for work, and 0.4
Inmates 5
On leave 1.1
In psychiatric hospitals 3
Disabled 0.3
Dismissed