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What is Purchasing power
One problem in using exchange rate when comparing GDP per capita between countries is that is fluctuates quite a lot. A way of avoiding dependence on exchange rate is to use purchasing power.
Whenever real GDP declines, nominal GDP must also decline
I am working on a project for my class and this week discussion is on international trade and exports. what I am needing is the information for the 1970s
Suppose arm's demand curve is given by P = 120? Find the (value of) price elasticity of demand (point elasticity) for the demand curve when the price is $100. Is demand elastic or
What is the relationship between quality, consumption and demand for health care services?
give and explain the different causes of national income variation
All of the following fiscal policies will contribute to increasing budget deficits except: A. cuts in aid to farmers. B. tax cuts. C. increases in defense expenditures. D. increase
illustrate and discuss the implications of variou market structures (competitive and noncompetitive) for price determination
Supply of labor, L S (W/P), depends positively on real wages in classical model. It isn't always clear which individuals are included in the labor supply. Labor supply may consist
How can franchises ensure their products are appropriate for international markets?
example of ratio analysis
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