Suppose your Chaffey college tuition per semester is $4,000 and your extra expenses with the college during the year (books, other materials, gas, meals, etc.) sum $3,000. If you were not attending college, you could work at firm X and get an annual salary of $ 5,000. What is your opportunity cost of attending college in one year? In your calculations assume that you are taking 2 semesters in a year. Show your work! You won’t get credit if you provide only the final answer! HINT: recall that opportunity cost includes both explicit and implicit cost!

The table below provide data for 2010, 2015, and 2020 in a hypothetical country: Real GDP and Real GDP per capita Year nominal GDP (in billion) GDP deflator population (in million) real GDP (in billion) real GDP per capita 2010 15,300 90 309 A 55,016.2 2015 18,000 100 321 18,000 56,074.8 2020 20,900 110 330 19,000 D Using the data provided, answer the following: Calculate the values for A (real GDP in 2010) and D (real GDP per capita in 2020) by showing your work.  Which year is the base year? Justify your answer.  Calculate the real GDP per capita growth rate from 2010 to 2020. Show your work! NOTE: This is a file upload question. Work your answer in an excel sheet and upload your file, or simply show your work in a piece of paper, take a picture and upload your file. 

Ricardian Equivalence means that changes in offset any changes in government . For instance, suppose the Ricardian neutrality holds true, if budget deficit increases by 50, then . And if the budget surplus increases by 100, then .

This is a file upload question. Write down your solution in a piece of paper, take a picture and upload your file. IMPORTANT: typed solutions will not be accepted!    This is the foreign exchange market of euro. Using the information below, answer the following: Draw the supply x demand graph for euro and indicate the equilibrium exchange rate (in order to get full credit you must label the graph and curves correctly when drawing your graph). Suppose the supply of euro doubles. Draw the new supply curve (in the graph you drew on part (a) and indicate the new equilibrium exchange rate. With this new exchange rate, has the dollar appreciated or depreciated? Justify you answer! With this new exchange rate, what happens to US imports of European goods? Justify your answer!

The figure below shows the Keynesian, Neoclassical, and Intermediate Zones in the Aggregate Supply Curve. According to the figure, match the right with the left correctly:  Keynesian, Intermediate, and Neoclassical zones text only

This question refers to chapter 11 of the textbook. Match the right and left sides correctly! Note that:  AD: Aggregate Demand AS: Aggregate Supply PL: Price Level GDP: Gross Domestic Product

This is a file upload question. Write down your solution in a piece of paper, take a picture and upload your file. Don’t forget to show your work! Do not write only the final answer (number), show how you got that number. IMPORTANT: typed solutions will not be accepted!    The production of shoes and shirts of one worker in country A and in country B is shown below:   Suppose that before trade (or without trade) each country has 10 workers and they each allocate 5 workers for the production of shoes and 5 workers for the production of shirts. Complete the table below finding the maximum production and consumption of both goods for each country (show your work!):  Maximum consumption and production before trade Country Shoes Shirts A B If the countries decide to engage in trade (with trade), they will specialize in the production of the good in which they have comparative advantage. In which good should A specialize? How about B? Justify! (To answer this question you must calculate the opportunity cost of each good for both countries and then find the country’s comparative advantage). Complete the table below finding the with trade production of the countries:  Maximum production with trade Country Shoes Shirts A B If the countries decide to engage in trade the TERMS-OF-TRADE will be set at 17 shoes for 20 shirts. With this information complete the tables below: Gains from trade for country A Country A Produce Consume  Gains from Trade Shoes Shirts   Gains from Trade for Country B Country B Produce Consume Gains from Trade Shoes Shirts  

This is a file upload question. Typed answers on word, PDF, or any other format won’t be accepted! Work your solution in a piece of paper, take a picture, and upload your file.   If a government runs a budget deficit of $10 billion dollars each year for five years, then a surplus of $1 billion for ten years, and then a balanced budget for another ten years, what is the government debt? Show your work!

What type of distribution is shown in the histogram?  

I get to create a virtual chocolate product as my final project.