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The RGDP per capita
1.Assume last year's real GDP was $7,000 billion, this year's nominal GDP is $8,820 billion, and the GDP-deflator for this year is 120. What was the growth rate of real GDP? Does this show an improvement in economic welfare? (Clearly explain your answer)
2. Suppose the value of the French Franc in terms of the dollar is 50 on October 12 , and 44 on October 17.
By how much has the Franc appreciated or depreciated against the dollar?
3.Suppose the Value of French Franc in terms of the dollar is 40 on October 12 and 45 on October 17. By how much has the Franc appreciated or depreciated against the dollar?
Is it possible that the levels of unemployment present day which are the result of government policies.
If an owner of a industry wanted to make a trip for non-business use and their lost wages was not tax-deductible.
Explain and discuss the mechanisms by which this has occurred, and contrast our experience with: a) the recent performance of many NICs (newly-industrializing-countries) in the last few decades
Elucidate how will looming fears of a recession expected to decrease consumers incomes by 4 percent over the next year impact the quantity of coffee Starbucks expects to sell.
Illustrate what is the price elasticity of demand of a representative gasoline retailer's product.
Elucidate how an attempt by the government to lower inflation could cause unemployment.
Depends on this information, elucidate the effect on the consumption of cereal.
Explain why the authors cite ethnically segmented markets as a factor that holds back private sector development and building entrepreneurial capacity.
Discuss why the same types of problems may exist in government as well, where elected officials are the agents and voters are the principals.
Bridget has limited income and consumes only wine and cheese; her current consumption choice is four bottles of wine and 10 pounds of cheese.
When McDonalds Corp reduced its price of the big mac by 75 percent-Using your knowledge of game theory, what do you think disrupted McDonald's plan?
Illustrate what interest it should be used in project analysis calculations.
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