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ASSIGNMENT:
Find an article or source that relates to GDP, inflation or unemployment and post the following:
The regular consumer in Atlantis consumes 500 bananas and 1 boat per year, which is the bundle for CPI calculation. Taking 2010 as the base year, calculate the GDP deflator measured inflation for year 2011, 2012 and 2013
What is the value of the marginal revenue for the 500th unit of output (i.e. q = 500) that your firm sells?
Sir Plus has a demand function for mead that is given by the equation D ( p ) = 100 - p . If the price of mead is $85, how much is Sir Plus's net consumer's surplus
Graph shows number of workers along the horizontal axis and wages along the vertical axis. Coordinates are plotted to indicate a downward-sloping diagonal line
If marginal revenue exceeds marginal cost, a monopolist should increase output.
The sum of payments made to resource owners for the use of their resources is:
Conduct an ANOVA and test for a difference in mean reaction times due to the five stimuli. Give bounds for the p-value. Compare stimuli A and D to see if there is a difference in mean reaction times. What can be said about the attained significance ..
What is the significance of resource pricing? Expain how the factors determining resource demand differ from those determining product demand.
calculate the monopolists profit under the following conditions. the intersection of the marginal revenue and marginal
Can (i) the real rate of interest, (ii) the nominal rate of interest, ever be negative? Explain. What does it mean to say the demand for money is interest.
How will dollar devaluation affect businesses and consumers in the twin cities of El Paso, United States, and Juarez, Mexico? Make sure you explain the impact on the twin cities, not just 1 city.
What is the objective of calculating controversial measures such as the Value ofa Statistical Life?" ' What are the properties of preferences?
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