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The GDP deflator in Economy land is 200 on January 1, 2010. The deflator rises to 242 by January 1, 2012, and to 266.2 by January 1, 2013.
a. What is the annual rate of inflation over the two-year period between Januarys? 1, 2010, and January 1, 2012? In other words, what constant yearly rate of Inflation would lead to the price rise observed over those two years?
b. What is the annual rate of inflation over the three-year period from January 1, 2010, to January 1, 2013?
c. In general, if P0 is the price level at the beginning of an n-year period, and Pn is the price level at the end of that period, show that the annual rate of inflation? Over that period satisfies the equation (1 + ? )^n = (Pn / P0)
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Compute the mean and variance of the following discrete probability distribution. Where X=2, and P(x)=.5. Where X=8 and P(X) .3. Where X=10 and P(X) =.2.
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Must use current data! I do not need a response until later this week, so take your time. In addition, I will be using your information as reference only. I will not plagiarize. Th
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what are the factors effecting reciprocal demand?
Suppose there is a simultaneous increase in the demand for diamonds and increase in the supply of diamonds. Which of the following will occur as a result of these simultaneous even
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