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Country of Myrule has produced the following quantity of A and B, with the price of each listed in dollar terms. Yr 1- A: 8,000(quantity), $4(price) - B: 6,000, $8 Yr 2- A: 10,000, $3 - B: 5,000, $14 (a) Using Year 1 as the base year, what is the growth rate of real GDP from Year 1 to Year 2? (b) Based on the GDP deflator (GDP Price Index), what is the inflation rate from Year 1 to Year 2?
when A person buys a car in a congested urban area it generates illustrate what type of externality.
Which of the subsiquent arguments is the president using to justify the trade restriction on ball bearings
Apply the decision-making model developed. What are the basic steps in all types of decision making processes.
The short run price elasticity of demand for tires is 0.9. If an increase in the price of petroleum used in producing tires causes the marketplace.
Assume your parking lot has two different consumers who utilize it at two different times.
Why does government support patent process and why does government not encourages monopoly behaviour.
Explain how much is the dollar overvalued/undervalued. What do you predict the U.S. real exchange rate with the United Kingdom will be in one year's time.
Illustrate what are the monopolist's profit-maximizing price and total output.
She understands that the market interest rate for similar investment is 9 percent. Suppose annual coupon payments. What is the present price of this bond.
with the aid of a diagram explain how a floating exchange rate is determined. Explain how will a depreciation of the rand influence our exports and imports.
Who in the U.S. government is responsible for computing also reporting the consumer price index.
Which one of the following government actions is intended to generate positive externalities.
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