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Given: Full employment rate = 90%
Labor force participation rate = 80%
Inflation rate 2000(b=1998) = 12.50%
# of underemployed and unemployed = 10 million
Nominal wage (2000) = P 220 per day
PCRGDP 2000 (b=1998) = P 16,000
Compute: 1. Labor Force
2. NGDP 2000
2. Real wage per day 2000 (b= 1998)
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In general conclude which of the five competitive forces has the most significant impact on approach.
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hould the measure of imports used in the GNP accounts therefore be defined to include only imports of FINAL goods and services from abroad. What about export.
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