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Suppose 2009 is the base year. From 2009 to 2010, the price index increased from 100 to 102.5. if nominal Gross Domestic Product (GDP) is $2,800 in 2010, then the real Gross Product (GDP) in 2010 is
As demand goes up, so does price. The decrease in production of other items decreases supply, and raises their price.
Representatives were to logroll (trade votes) to get their preferred policy to pass, what would be the result. What are the total benefits from each project.
Mary has two sources of income, let her non - labor income be represented by V dollars per year. He r labor income comes from working h hours per year in the labor market at wage rate of w per hour. L (priced at w per hour). Illustrate the impact of ..
Consider the equation: NX = S + (T-G) - I, afterwards, determine what happens to: Trade balance, public saving, private saving, and investment with respect to the following cases: Government Spending Increases. Foreign Output Increases. Simultaneous ..
q1. for each of the determinants of demand in equation 2.1 classify an example exemplify the effect on the demand for
What do you think of the No Child Left Behind Act, especially its requirements that schools test their students annually? Do you think these test are accurate indicators of school quality? Do you see any problems associated with the testing programs?
The maintenance foreman of a plant in reviewing his records found that maintenance cost on a large press had increased with sales of a product that will decline in the future.
Explain why the R-squared from the regression from F test will always be at least as large as the R-square from the BP regression.
Discuss your view about the modern bureaucracy, particularly regarding the size of the bureaucracy, its role in daily public life, and characteristics of the civil service workforce. In particular, discuss whether it should be easier to hire and term..
When Seth told Anita, "Your plan for purr semester project is not going to work." she snapped back with, "I don't hear you coming up with anything better." Identify Seth and Anita's hypotheses, evidence, and conclusions.
Annual savings due to energy efficiency thermo well have a most likely value of $30,000. The most optimistic value is $40,000 with a probability of 0.2 and a most pessimistic value of $20,000 at 0.3. The First Cost is $150,000, the interest rate 10%,..
According to a study, the scale of scores on an IQ test of adults is approximately Normal with mean 98 and standard deviation 17. The organization MENSA, which calls itself "the high-IQ society," requires an IQ score of 130 or higher for membership. ..
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