What effect do non-tradable goods have on ppp, Electrical Engineering

Assignment Help:

Q. What effect do non-tradable goods have on PPP?

Answer: The consequence is quite substantial. In 1997 the production of non-tradable goods accounted for about 55% of U.S GNP. Together with haircuts non-tradable goods include housing, routine medical treatment and so on. For the nearly all parts non-tradable goods are comprised of services and the output of the construction industry. Non-tradable assists explain much of the wide departure from PPP that is present in empirical data.


Related Discussions:- What effect do non-tradable goods have on ppp

Control Charts, Control Charts The control chart is the fundamental to...

Control Charts The control chart is the fundamental tool of Statistical Quality Control (SQC). It denotes the general cause variation in which is built into a system therefore

Controls and system, transfer function of Lube Oil Cooler Temperature

transfer function of Lube Oil Cooler Temperature

What is logic gates - microprocessor, What is Logic Gates? The Logic Gat...

What is Logic Gates? The Logic Gates are circuits made up of transistors, diodes, and resistors. The Logic gates process one or more input signals in a logical fashion. Dependin

Give a short description of soft ferrites, Give a short description of soft...

Give a short description of soft ferrites . Soft ferrites and their applications: all non- metallic compounds are consisting of ferric oxide and one or two bivalent metal oxid

Develop a general expression for the force, Consider an electromagnet, as s...

Consider an electromagnet, as shown in Figure, which is used to support a solid piece of steel and is excited by a coil of N = 1000 turns carrying a current i = 1.5 A. The cross-se

Nonsalient-pole rotor construction, Q. Nonsalient-pole rotor construction? ...

Q. Nonsalient-pole rotor construction? The nonsalient-pole (smooth or cylindrical) rotor construction is preferred for high-speed turbine-driven alternators (known also as turb

Explain about subscriber loop system, Q. Explain about Subscriber Loop Syst...

Q. Explain about Subscriber Loop System? Subscriber Loop System:Each subscriber in a telephone network is connected normally to the nearest switching office by a dedicated pair

Explain rotameter and hot wire anemometer, Write down about the following t...

Write down about the following terms: (i) Pirani Gauge (ii) Rotameter (iii) Hot wire Anemometer (iv) Drag Force Flow Meter

PLC Programming, FIG. 2 Car Park Simulation Consider the above diagram, FI...

FIG. 2 Car Park Simulation Consider the above diagram, FIGURE 2, of the car park. The object of this assignment is to write a program to operate the barriers to allow the cars in

Magnetic permeability and the b/h curve, Magnetic permeability and the B/H ...

Magnetic permeability and the B/H curve To measure the relationship between field strength H and flux density B for a material, a sample is made into a closed ring and a magne

Write Your Message!

Captcha
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