Illustrate comparison over time of market values of outputs

Assignment Help Business Economics
Reference no: EM1367448

Q. Why do national income accounts compare market value of total outputs in various years rather than actual physical volumes of production? Illustrate what problem is posed by any comparison over time of market values of various total outputs? How is this problem resolved?

Reference no: EM1367448

Questions Cloud

Changes in price of a key commodity : How would government react to sudden, large changes in the price of a key commodity, such as gasoline, electricity, or prices on stocks on the New York Stock Exchange?
Illustrate what will be monopoly cost : If industries collude, Illustrate what will be monopoly cost (optimal cost P*), total output of two industries (Q= q1 + q2) and total profits of two industries.
Convert data model to a set of virtual windows : You are to design a prototype for a hospital management system. Design a data model for this system, Convert the data model to a set of virtual windows.
Caring code in clinical nursing education : I'm analyzing a research article titled ' application and evaluation of a caring code in clinical nursing education' where the purpose of the study is to determine if a 'caring code'
Illustrate comparison over time of market values of outputs : Illustrate what problem is posed by any comparison over time of market values of various total outputs. How is this problem resolved.
At what two locations on x-axis is the potential zero : A woman on a 10 speed bicycle travels at 9 m/s relative to ground as a she passes a little boy on a tricycle going in the opposite direction. If the boy is travelling at 1m/s relative to the ground, how fast does the boy appear to be moving relati..
Find name and membership number of members : Find the name and membership number of members who have borrowed more than five different books of that publisher.
Illustrate what effect economic and socioeconomic forces : Illustrate what effect might economic and socioeconomic forces within that nation have on product's potential.
Determine current profits : Why do you think firm 1's marginal cost is lower than firm 2's marginal cost? Determine the current profits of the the two firms. What would happen to each firm's current profits if firm 1 reduced its price to $6 while firm continued to charge $8?

Reviews

Write a Review

Business Economics Questions & Answers

  Drawback of using a nominal anchor

What, how and for who apply to the following the economic decision. Should the company makes its own spare parts or buy them from an outside vendor.

  Elucidate what is the probability that a randomly

Employment data at a large company revel that 72% of the workers are married, that 44% are college grads,and half of the college grads are married. Elucidate what is the probability that a randomly chosen worker;

  Explain what does efficiency prevail in gilroy labor market

Explain what does efficiency prevail in the Gilroy labor market. If not, what is the size of the deadweight loss. you must use a diagram and show the appropriate values on it.

  Advantages or disadvantages of buying imports versus buying

The advantages or disadvantages of buying imports versus buying domestic products in relation to the fashion industry.

  Which economics test hypotheses against facts to develop

The process by which economics test hypotheses against facts to develop theories, principles also models

  Illustrate what is the marginal revenue product function

Illustrate what is the marginal revenue product function. Assume which most workers in Pakistan work 48 hours per week also which there are four weeks in a month.

  Megan used to work at the local pizzeria

Joe has $16 to spend on Twinkies and Hohos. Twinkies are prices at $1 and Hohos are priced at $2 per pack.

  Estimated demand function

Starting with the estimated demand function for Chevrolets given in problem suppose the average value of the independent variables

  Explain the types of incentives for providers

Explain the types of incentives for providers for efficiency in the delivery of healthcare services.

  Derive the customer marginal rate of substitution

Suppose a consumer's preferences can be described. Derive the customer's marginal rate of substitution at the point.

  Define business as printing books instead of empowering

By defining its business as printing books instead of empowering imaginations, a children's book publishing company would more than likely experience.

  Prefer mangoes to cantaloupe then draw my highest

If my preferences are such to I am indifferent among apples also mangoes but I prefer mangoes to cantaloupe then draw my highest indifference curve.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd