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Per capita real GDP is given by the equation y = Y/PN, where Y is nominal GDP, P is the GDP deflator, and N is population. In the United States, if the average growth rate of nominal GDP is 2.8 percent, inflation is 1.6 percent, and population growth is 0.5 percent, what is the growth of real GDP? Per capita nominal GDP? Per capita real GDP?
The data are available for output (Q) and Long Run Total Cost (LTC) for a firm. Using appropriate calculations determine the range of outputs over which the firm's technology exhibits Increasing, Decreasing or Constant Returns to Scale.
The supply of loanable funds curve (LFS) curve is given by the equation r = 2 + (1/300) LFS where LFS is the quantity of loanable funds supplied. Calculate the initial value of capital inflows for this economy.
saras income is 12 a week. the price of popcorn is 3 a bag and the price of a cola is 3 a can.a. what is saras real
My question is what happens in the trade diagram when a country goes from internationally trading to not trading? Then what is the consumer surplus and producer surplus from before when they were trading and after when they stopped trading?
Calculate the implied Fed funds rate, assuming the equilibrium real rate is 2.0%, and target inflation rate is 2%. You will need to obtain information on the output gap and inflation rate
Now suppose this game is to be played an unknown number of times. Both firms know that there is a probability .1 that the current play of the game will be the last time the game will be played. So there is a probability 1.0 that the game will be p..
Select one of the protocols associated with e-mail, such as SMTP, POP, or IMAP. What is the role of this protocol in sending and/or receiving e-mail? What is an example of how a web application might use this protocol?
As an economy increase and productivity grow, real wages tend to rise - people get richer on aggregate. Real wage growth implies that people are able to buy more of the services that are in basket of goods.
Every year there are new, and sometimes unexpected lawsuits against US corporations. Choose a case for study at the web site http://www.usdoj.gov/atr/cases.html You will find many, many antitrust lawsuits listed alphabetically.
With respect to malpractice, would community rating of physicians or individual rating of physicians be more likely to generate efficient behavior on the part of physicians What is the impact of the number of physicians in the plan
What is the official unemployment rate - Compute real GDP. indicate in each calculation whether you are inflating or deflating the nominal GDP data.
Calculate the current account and financial account balance. For full credit, show all steps in your answer.
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