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Assume nominal GDP in 1999 was $200 billion, and in 2001, it was $270 billion. The general price index in 1999 was 100 and in 2001 it was 150. In 1999 and 2001, real GDP rose by what percent?
(b.) Use the following scenario to answer questions (b1) and (b2).In a given year in the United States, the total number of residents is 270 million, the number of residents under the age of 16 is 38 million, the number of institutionalized adults is 15 million, the number of adults who are not looking for work is 17 million, and the number of unemployed is 10 million.
(b1.) Refer to the data in the above Scenario. What is the size of the labor force in the United States for the given year?
(b2.) Refer to the data in the above Scenario. What is the unemployment rate in the United States for the given year?
Illustrate what are the three categories of transactions in the balance of payments? Give an example of each.
Assume a merger of company would simultaneously lessen competition and reduce unit costs through economies of scale.
The organization have considered situations of just shifting the spending power among the competing sectors. Does anyone have any thoughts.
Calculate the predicted 2001 operating benifit for Con Agra and the percentage increase in operating profit.
Countdown to a new agreement might galvanize development assistance debates. What do you think will happen and should happen- and why.
What is its sustainable growth rate. Illustrate what must its profit margin be in order to achieve its sustainable growth rate.
Give the before-tax charcoal price and quantity exchanged. Give the after-tax charcoal price to buyers, the quantity exchanged, and total tax revenues.
Illustrate and explain the interaction of households, businesses, government and global markets in the circular flow of economic activity.
Explain in a nontechnical way why demand is elastic in the northwest segment of the demand curve and inelastic in the southeast segment.
Explain how will these events impact the equilibrium price and quantity of generic soft drinks.
The treasurer of a U.S. firm noted that although short run deposits in Swiss bank accounts had earned the company only a 3% annualized return when measured in Swiss francs, in dollars the company had realized a 12% rate of return.
Prior to opening his hardware shop Bob worked as an investment banker earning $175,000 each year. He pays his employees $150,000 per year.
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