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If the national GDP is $559 billion in the base year, and it rises to 577 in year i, and 605 in year 2, what is the real GDP in each year, given that the price index has risen from 100 to 104.5 in the first year and up to 108.3 in the second year ?If the price index 20 years before the base year was 41.2 and the nominal GDP for 20 years before the base year was 191.0, what was the real GDP for that year ? Show your work in all cases.
problem 1 in a study relating college grade point average to time spent in various activities students are asked how
1.in the 1900s five firms supplied amateur color film in the united states kodak fuji konica agfa and 3m. from a
1 the basis of the argument favoring government intervention to correct informational and rationality problems is
1 define the sustainability criterion as used by tietenberg. what does this criterion say about fairness to future
part-1nbspwhat is the official poverty line?nbspis the number of people higher or lower than it was last year? ten
Explain the meaning of monetary neutrality and illustrate graphically that there is monetary neutrality in the long run in the aggregate demand–aggregate supply model.
questionnbsp part a the table shows the demand and supply schedules for low-cost housing.rent per
Consider an industry described as a duopoly consisting of two symmetric firms producing homogeneous product. Inverse demand function is P = 1500 -10Q and each firm has a marginal cost of $20 with fixed cost of zero.
However, rather than having data on individual workers, you have access to data on manufacturing firms in Ohio. in particular, for each firm, you have information on hours of job training per worker(training) and number of nondirective items produ..
Wise politicians would therefore be advised not to meddle and attempt to affect the economy cycles with discretionary monetary and fiscal policies.
Assume the Fed decides to buy $1 billion in Treasury bonds from the public. Suppose that the reserve requirement is 10%. What takes place to the interest rate and money supply?
A 40-day strike at Boeing resulted in 50 fewer deliveries of commercial jetliners at the end of the first quarter of 2000. At a cost of $20 million per plane, what was the equivalent end-of-year cost of the strike (i.e., end of fourth quarter) at an ..
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