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Norway is one of the world's most urbanized nations and is home to one of the most superior economies in the world. The country's overall GDP is quite high considering the nation's small population. Its GDP per capita is higher than that of the United States, ranked second in both nominal and PPP figures.
Its GDP figures in 2005 were as follows: 1) Nominal GDP: $296 billion (25th rank) 2) GDP PPP was $195 billion (42nd rank) 3) Nominal GDP per capita: $64,000 (2nd rank) 4) GDP PPP per capita: $42,000 (2nd rank)
what is theory of product pricing?
Differentiate between real and nominal variables. In economics, the distinction among nominal and real numbers is often made. Nominal variables -- like nominal wages, interest
what is the relationship between TP, MP and AP
Managerial theories of the firms
I need to find recent disney cruise stories and what microeconomic theory it is and what they should do. for example renovating a ship why did they and what theory would that be?
could the village prepare 14 campsites and grow 350 pawpaws?explain your answer.
If the MU of the 1st unit consumed = 75 utils, and the TU of consuming 2 units is 130 utils, what is the marginal utility of the second unit?
explain the cobweb model of equilibrium
explain two theories of economic rent
1. Cost minimizing firms must be profit maximizing as well. False, why??
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