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In a conversation, someone mentioned that "Australia's economic grew because current or market GDP in 2016 was 1.11 trillion and in 2017 it was 1.14 trillion". Upon checking you found that in these two years Australia's GDP price deflator increased from 104.2 to 105.7. Explain with numerical calculations if the statement is factually accurate.
Assume that average income in the world and the cost of catching fish are both equal to their initial values. Drag the vertical green line back and forth to show the equilibrium quantity of fish caught under these conditions.
As an economist working at the International Monetary Fund, you are given the following data for Brazil: predicted per capita GDP, relative to the United States, as given by y = k1/3, is 0.56, and total factor productivity is 0.36. What is the observ..
The Sevitan live as monogamous families in a small village where virtually everyone knows what everyone else is doing, virtually all the time. The only information asymmetry is that no wife knows if her own husband is philandering, although every wif..
Explain the role of stochastic differential equations in Finance. In particular address the aspect of numerical simulation in the context of pricing options.
Given your results from above, what is the equation for the Chunzheng's long-run total cost curve as a function of quantity Q. How much does it cost to produce 27,000 units?
Jim Dandy had a very? short, but? illustrous, football career. The best news is that he thought about saving some of his earnings. Jim was able to save ?$22,750 each year during his seven-year ?career, with his first deposit made at age 20. Jim place..
You borrow $10,000 at a 5% interest rate and you have to pay back this loan within three months. You use this $10,000 and your initial $1,000 to purchase shares in the company. Suppose that your prediction fizzles out. The price of the shares decreas..
q. the article states growth in the export sector has been one factor contributing to overall growth. how would we
What is your view on copy technology from others ? How shall we preserve business integrity ? What starategies may be applied to protect intellectual properties ?
Evaluate meaningful use regulations for recovery audit contractors (RACs) and electronic health records (EHRs), as well as the impact on either case management or performance incentives. What is the purpose of these regulations? How effective are the..
A kinked demand curve is most likely to occur when other firms. The difference between the price firms would be willing to accept for their goods and the price they actually receive is called. The marginal product refers to the impact of which unit o..
Topic: Discuss the compression and its major types, and the techniques used in each type. Explain which type is best for compressing the digital media files.
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