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1. If the price of the basket in the base year is $64 and the price of the basket in the current year is $92, what is the CPI?
2. If the price of the basket in the base year is $400 and the price of the basket in the current year is $382, what is the CPI?
3. If the CPI in Year "x" is 125, and the CPI in Year "x-1" is 105, what is the inflation rate for Year "x"?
4. If the CPI in Year "x" is 515, and the CPI in Year "x-1" is 500, what is the inflation rate for Year "x"?
5. If Nominal GDP is 9,874,356, and the GDP Deflator is .92, what is Real GDP?
What is the increase in output if the quantity of capital rises 30% (Assume the quantity of labor and technological change are constant)
If economies of scale extend over a very large range of output, the structure of the industry will tend to be:
Does an increase in the size of the marginal propensity to consume have the effect of increasing, decreasing, or not changing the size of autonomous spending multipliers (that is, the investment or government spending multiplier)?
Draw the consumers budget constraint
The French government announced plans to convert state-owned power firms EDF and GDF into separate limited companies that operate in geographically distinct markets. BBC News reported that France's CFT union responded by organizing a mass strike
To what extent do you think normative economic analysis, as opposed to positive economic analysis, determines our country's economic public rule decisions made by the government?
How Much of Parmalet's problems were due to bad accounting, and how much were due to fraud on the part of individuals in the company?
What does it mean to say that an insurance contract is actuarially fair? Is the above contract actuarially fair - How much of the above contract will Bob purchase (i.e. what is the optimal level of t from his perspective)?
A channel of distribution: A) is any series of firms or individuals who participate in the flow of goods and services from producer to consumer or final user. B) is only needed when products must be stored. C) must include one or more intermediarie..
My paper is about evaluating the potential for State Farm Insurance expands
For each of the following events, indicate whether the AD or the AS curve shifts. In brief describe the reasoning behind your choice.
Make sure you give complete definitions and explanations for this set of questions. When dealing with thedecrease in income, you will want to talk about the effects on thebudget constraint and the consumption bundle of the consumer.
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