What is the smallest component of gdp

Assignment Help Macroeconomics
Reference no: EM13191781

What is the nominal GDP today?
What is the difference between nominal and real GDP?
What is the largest component of GDP?
What is the smallest component of GDP?
What is the fastest growing component of GDP and why?

Reference no: EM13191781

Questions Cloud

Dispute to an arbitrator : Fred & Tyler agree to submit their dispute to an arbitrator. They must state in the submission document
What is the total length of seven pens and a pencil : Two pens and a pencil have a total length of 49 cm. Four pens and a pencil have a total length of 77cm. What is the total length of seven pens and a pencil?
What dimensions will give the largest printed area : A poster is to have an area of 160 in2 with 1 inch margins at the bottom and sides and a 3 inch margin at the top. What dimensions will give the largest printed area?
Arbitration-litigation-mediation-negotiation : Mark files a suit against Kay. Before going to trial, the parties meet with their attorneys to represent them, to present their dispute to a third party who is not a judge but who renders a legally binding decision.
What is the smallest component of gdp : What is the nominal GDP today What is the difference between nominal and real GDP What is the largest component of GDP What is the smallest component of GDP What is the fastest growing component of GDP and why
Explain two moles of a monoatomic gas : Two moles of a monoatomic gas are contained atpressure 1 atm and teperature 300 k. 34, 166 joules of heat are transfered to the gas as a result the gas expands and does work on the surroundings of 1214 joules.
Compute the weighted average cost of capitol : Assume debt and common equity each represent50% of the firms capitol structure. Compute the weighted average cost of capitol.
In many states and court systems mediation : In many states and court systems mediation is:
Find the midpoint of the midsegment of the trapezoid : The vertices of the trapezoid are the origin along with A(4p, 4q), B(4r, 4q), and C(4s, 0). Find the midpoint of the midsegment of the trapezoid.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Determine the equilibrium price for product

The table listed below demonstrate the quantities of product X that a producer can produce in one growing season on a 1 acre farm using different amounts of labor.

  Loan amortization schedule

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.

  Impose below market price ceiling on consumers goods

When manufacturer decrease price for goods and services, it increase customer’s surplus and everyone standard of living. Therefore, it behooves government to impose below market value ceiling on customers goods,

  Illustrate what are the benefits of free trade

Illustrate what are the benefits of free trade. Who are the winners and losers when the government imposes tariffs and quotas.

  The economy will contract or shrink if leakages exceed

The economy will contract or shrink if leakages exceed injections. Are you agree with this statement.

  Is it wrong to use the total income test for elasticity

Is it wrong to use the total income test for elasticity, when there is a direct relationship between price and total revenue the demand is elastic.

  Explain how do the fiscal policy changes play a role

Explain how do the fiscal policy changes play a role in the theory of political business cycles

  Illustrate what is real gdp included in each

Illustrate what is nominal GDP. Illustrate what is real GDP included in each.

  The us at the end of world war ii stood as the worlds

The US at the end of World War II stood as the world's preeminent superpower, with new-found political and economic wealth. To what degree.

  Determine expanded demand for housing

during the last ten years Orlando, Florida grew rapidly, with new jobs luring young people to the area. Despite increases in population and income growth that expanded demand for housing, the price of existing houses barely increased, why

  Explain the t-i-p-e-n and p-r-e-s-t

Think about a product that you have purchased recently (e.g. soda, diapers, takeout meals, milk, shoes, manicure/pedicure, video game, etc.). Explain how the law of demand affected your purchase. Give specific examples of how the determinants of d..

  Marshallia and hicksian demand functions

Use the utility function to answer the questions, below: (x1, x2) = exp (√(x 1 ) + √(x 2 )-Derive the Marshallian (ordinary) demand function for good1 and 2, x i *(p,l), i =1,2 . Then derive the indirect utility function (p,l).

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd