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Suppose that the inflation rate is 5%, the rate of growth of nominalGDP is 8%, then what is the rate of growth of real GDP? Could youexplain this in a mathematical way?
The following equation represents the weekly demand that a local theater faces. Qd = 2000 - 25 P + 2 A, where P represents price and A is the number of weekly advertisements. Presently the theater advertises 125 times per week.
Why is U.S. economic growth important to the average American and what is the best way to measure standard of living of the average person: (use unemployment rate, inflation, & GDP in your answer)?
What is the difference between aggregate demand and aggregate supply versus normal demand and supply?
Relates to content and skills covered in Week 7 of the Weekly Study Program, Chapter 32 of Ganset al. (2012). Refer here to the comments given for Week 7 for assistance in answering this question.
There are two firms, A and B. Each makes a hard drive and a monitor. Label the hard drive and monitor made by A as AH and AM respectively. Label the hard drive and monitor made by firm B as BH and BM respectively. Manufacturing costs of all pro..
The problem is belongs to economics and it is clarify the pros and cons of forecasted values of inflation using Taylor's Rule of monetary policy are discussed in this answer.
The firm's long-run total cost is given by and long-run marginal cost is given by LMC = 100 - 20Q + Q2. At what output level does the firm experience economies of scale?
Industry studies often suggest that firms may have long - run average cost curves that show some output range over which there are economics of scale and wide range of output over which long- run average cost is constant; finally, at very high out..
What are the losses to U.S. consumers, gains to U.S. producers, and deadweight loss and what quota level would have the equivalent effect on price as the $6 tariff
Describe how you would create regional strategies and combine them to develop a global strategy.
Soft selling occurs when a buyer is sceptical of the usefulness of a product and the seller offers to set a price that depends on realized value. For example, suppose you're trying to sell a company a new accounting system that will reduce costs by 1..
on may 6 2010 the stock market suddenly swung a thousand points. nobody really knows why. but dennis berman in the
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