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Case: Canada's real GDP in 2022 is forecast to be $1,740 Billion (USD) and was $1,990 Billion (USD) in 2021. Canada's population was 38,067,903 in 2021 and estimated to be 38,388,419 in 2022. Complete the questions below, fully showing your calculations.
a. What is the growth rate of real GDP?
b. What is the growth rate of real GDP per person?
Rhonda was a 70-year-old widow with one child, Christina. Christina is 40 years old and married to Damien. They live together on ten acres in the Blue Mountains
A test classifies applicants as accepted or rejected. On the basis of data on 200 applicants, we test the hypothesis that ad placement success is not related to gender.What hypothesis testing would you use in this situation
economists also the public at large normally think of skill-level having having an inverse relationship with unemployment.
With the aid of supply and demand diagrams (you need an explicit diagram for each case), show explain prices
Question - Using appropriate diagrams, explain the likely impact of drought on macroeconomic equilibrium in Australia
(a) Identify and briefly describe a recent case in which a famous company's strategy failed or seems to be failing within a foreign country.
Assume that the rice market is a perfectly free market and was in its long run equilibrium prior to these events. Comment on what will happen in the rice market in the short and long run.
What are the major changes made to the tax provisions by the Act and How have the changes in taxes affected you personally
Conduct research from viable and credible sources such as, and not limited to, economic journals, periodicals, books, databases, and websites. This assignment should be submitted/uploaded via Online on the date the assignment is due. Any late ass..
Suppose a product sold in a competitive market is subject to a government price control. Suppose the regulated price is less than the free market equilibrium price.
What two policies could you use to reduce the total amount of emissions and why do you think they each would work?
A monopolist's demand curve is P = 100-Q and the total cost curve is TC = 16 + Q^2. The associated marginal cost curve is MC = 2Q. What is the profit maximizing quantity and price, and what will be the economic profit?
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