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The GDP deflator in 2000 is 100. The GDP deflator in 2010 is 127. If real GDP in 2000 is $10 trillion and nominal GDP in 2010 is $14 trillion, how much has real GDP grown over that time period?
What are International Considerations for Nordstrom?
If we know that expansionary monetary policy cannot create real economic growth in the long-run, why would it ever be used in the short-run?
Graph the Demand, Marginal Revenue, Marginal Cost, and Average Total Cost curves. What are the equilibrium price and quantity for this monopolist if it charges a single price to everyone? How much profit does the firm make? Show on the graph whether ..
Elucidate why a system of marketable pollution permits leads to less costly pollution abatement and a highter concentration of polluted areas than a command-and-control system.
A risk-neutral individual would:
Aquilonia has decided to end its policy of not trading with the rest of the world. When it ends its trade restrictions, it discovers that it is importing incense, exporting steel, and neither importing nor exporting rugs.
Bob borrows $52000 from a local bank at an APR of 7.2% compounded monthly. His monthly payments are $52000(A/P, 0.6%, 54) = $1128 for a 54 month loan. If Jim makes an extra payment on the first month of each year, his repayment duration for the loan ..
Jim Vendors is viewing about manufacturing a new type of electric razor for men. If advertise were favorable, he would get a return of $100,000.
How are the depopulation of Whales worldwide and Congested Highways similar in terms of economics? What are some possible solutions to both?
For each scenario, calculate equilibrium price and quantity, total consumer surplus and total producer surplus.
q.units of labor marginal revenueproduct0 na1 302 243 184 155 126 10assume a firm is a monopsonist that can hire its
the u.s. cigarette industry has negotiated with congress and government agencies to settle liability claims against it.
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