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Question - Suppose an economy's real GDP is $30,000 in year 1 and $31,200 in year 2. What is the growth rate of its real GDP? Assume that population was 100 in year 1 and 102 in year 2. What is the growth rate of GDP per capita?
in the early 20th century worker productivity in the horndal iron works plant in sweden increased by 2 percent per year
Understanding of how the economy described by the AS/AD model responds to various shocks under various assumed parameter values.
The industry will also incur expenses in the amount of $150,000. Explain how many shares must the industry sell to net $20 million after underwriting and flotation expenses.
A monopolist faces market demand given by P = 200 – Q. For this market, MR = 200 – 2Q and MC = 3Q. What quantity of output will the monopolist produce in order to maximize profits?
Val Hawkins borrowed $15,000 at a 14% yearly rate of interest to be repaid over 3 years. The loan is amortized into three equal annual end-of-year payments.
What are some of the damaging effects inflation has on an economy and What would be a monetary policy prescription to reduce or eliminate inflation?
One-tenth of the participants produce over one-third of the output. increasing the number of participants merely reduces the average output." if this statement were true, would it be consistent with the law of diminishing returns?
In one day, Spain can produce either 1000 TVs that's for 500 computers. In one day, Portugal can produce 2400 TV sets or 600 computers. Which country has the comparative advantage in producing computers? Show me how you figure this out.
it does not allow for the health of our children, the quality of their education, or the joy of their play. id does not include the beauty of our poetry or the strength of our marriages, the intelligence of our public debate or the integrity of ou..
You do not like this as it will be possible for the large money center banks in Washington, Las Vegas to open branches in your banks geographic market area.
If our country (US) can make everything better and cheaper than foreigners, why would we have any reason to be involved in international trade?
your portfolio consists of three assets that have stochastic returns. your research team has estimated that the returns
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