What was real per capita gdp in 1933 measured in 2013 prices

Assignment Help Microeconomics
Reference no: EM13974319

How do you find the answer for this question. Please elaborate.

What was real per capita GDP in 1933 measured in 2013 prices? Use the data in the table below and a price index of 100/1,400 to compute your answer

Year Nominal GDP Population Nominal per capita GDP
1933 $     57 billion 126 million $   452
2013 16,800 billion 301 million

54,194

Reference no: EM13974319

Questions Cloud

What are the betas listed for these companies : What are the betas listed for these companies? If you made an equal dollar investment in each stocks what would be the beta of your portfolio?
Construct a control chart to monitor customer satisfaction : Construct a control chart to monitor customer satisfaction at the hospital using 3s limits and determine if the process is in control.
Write down the quantity equation : Write down the Quantity Equation. Describe how the Quantity Equation relates to the Quantity Theory of Money. How does money and GDP growth impact inflation?
List and explain any 3 areas of sustainability of germany : Question: List and explain any 3 areas of Sustainability of Germany along with Birth rate and average life expectancy. Choose form Water, Environment, Infrastructure, Health care
What was real per capita gdp in 1933 measured in 2013 prices : How do you find the answer for this question. Please elaborate. What was real per capita GDP in 1933 measured in 2013 prices? Use the data in the table below and a price index of 100/1,400 to compute your answer
Identify the costs associated with going public : Identify the costs associated with going public. Briefly describe how investment banking is regulated.
Bob''s willingness to trade one good for the other : Suppose that Bob's indifference curves are perfectly L-shaped with the right angel occurring when Bob has equal amounts of both goods.  What does this imply about Bob's willingness to trade one good for the other? Give examples of goods where this ty..
The highland commodities company is a typical firm : The Highland Commodities Company is a typical firm in a perfectly competitive market has a cost structure described by the equation: C = 25 - 4QF + Q2F where QF is measured in thousands of units.
Express a protein in a prokaryotic system : develop molecular logic gates has allowed the design of complex synthetic genetic pathways with myriad combinations and applications possible. Now organisms can be engineered to perform genetic "calculations" and respond in specific ways under spe..

Reviews

Write a Review

Microeconomics Questions & Answers

  3 key managerial insights from game theory

Name and explain 3 key managerial insights from Game Theory, as they relate to Costco's move to announce that they were closed on thanksgiving and that they care about there employees.

  Determine does the demand curve shift right or left

Now consider the long run, in which bike manufacturers are free to enter and exit the market. Show the possible effect of this free entry and exit by shifting the demand curve for a typical individual producer of bikes on the following graph

  What does a more hawkish view of inflation mean

The Fed took a somewhat more hawkish view of inflation than it did in the March statement. Today's statement made specific reference to inflationary pressures, saying that energy and other commodity prices have increased, an acknowledgement absent..

  What is the socially efficient level of security

a) What is the socially efficient level of security?

  Dynamic efficiency measures

The text defines an economic system as. Privatization in transition economies is often justified on the grounds of increasing. Which of the following legal forms of business organization provides for limited liability? Dynamic efficiency measures

  What is the equilibrium wage

What is the equilibrium wage?

  Efficient level of a negative externality

Characterize this as an example of a positive or a negative externality and the efficient level of a negative externality is always a positive amount.

  What impact does each have on aggregate demand

What are the major factors that determine investment and what impact does each have on aggregate demand?

  Economy in case of major depression

How and why the U.Ss deficit, surplus and debt have an effect on the Tax payers

  Estimate the firm''s short-run production function

Which functional form (linear, quadratic, cubic) is most suitable to your data? Construct a scatter diagram but be sure to just do the dots, don't include the lines that connect them. Then, play around with the trendline feature and include what y..

  What is this manufacturer fixed cost

For each level of output, calculate the variable cost (VC). For each level of output except zero output, calculate the average variable cost (AVC), average total cost (ATC), and average fixed cost (AFC). What is the minimum-cost output?

  Explain graphical relationship between ticket prices and

describe the graphical relationship between ticket prices and the number of people choosing to visit amusement parks.

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