Average inflation rate of country

Assignment Help Business Economics
Reference no: EM13859975

Between 1970 and 1976, average inflation rate of Country X was about 35 percent per year. With that rate of inflation, prices would double about every ________ using the rule of 70.

Reference no: EM13859975

Questions Cloud

Calculate average per capita GDP growth rate : In 1980, per capita GDP of Rwanda was about $728 and in 2010 about $1,025. Calculate the average per capita GDP growth rate of Rwanda from 1980 to 2010.
Features of an emr : Which of the following are features of an EMR The ability to store notes and review results such as laboratory, radiology, and other testing results and Entering, managing, and communicating orders
Write research paper on health care : Need "26" page research paper/presentation.The research must be focused on health care. Let me know what topics you are familiar must with and I will choose the best one
What was the us consumer savings rate : What was the U.S. consumer savings rate in 2002, 2007, 2010, and 2013? Do self-esteem rating scales differ between teenagers who live in two-parent households versus those who live in single-parent households
Average inflation rate of country : Between 1970 and 1976, average inflation rate of Country X was about 35 percent per year. With that rate of inflation, prices would double about every ________ using the rule of 70.
Negative production externality : Suppose that demand for a product is Q = 1000 – P and supply is Q = 9P. Furthermore, suppose that the marginal external damage of this product is $20 per unit. Suppose this is a negative production externality. Calculate the Q currently being produce..
Derive an expression for marginal costs : Derive an expression for average cost. Derive an expression for marginal costs. Is there any range of production characterized by scale of economies? At what production level are scale economies exhausted?
Prediction of the short run effects of this policy : NY state will soon implement a $15/hour minimum wage for fast food workers. What is your prediction of the short run effects of this policy? What is your prediction of the long run effects?
Demanded after the new copayment is put into effect : Currently, there is a $0.50 copayment on drugs. The HMO has decided to raise this to $1.00 per prescription. The cost of a prescription is $6.00, which mean the HMO's contribution to the total cost will fall from $5.50 to $5.00. How much will be dema..

Reviews

Write a Review

 

Business Economics Questions & Answers

  Market inefficiencies during recession lay off workers

sticky prices also income are often cited as an example of market inefficiencies during recession lay off workers yet many of these firms are related to begin hiring even as the economic situation improved.

  Compounded continuously is desired on an investment

An interest rate of 10% compounded continuously is desired on an investment of $15,000. How many years will be required to recover the capital with the desired interest if $2,030 is received each year? (Please show formula used and work)

  Relationship between age and job performance

organisational behaviour. Why is the relationship between age and job performance likely to be in issue of increasing importance during the next decade?

  Q in 2005 hurricane katrina caused massive destruction in

q. in 2005 hurricane katrina caused massive destruction in the u.s. gulf coast. tens of thousands of people lost their

  Which should encourage employment

A December 2007 issue of The Economist contained the following quote in an article about Germany: "The government has just chopped the payroll tax that finances unemployment insurance, which should encourage employment." Comment on this statement,..

  By what percentage would gdp be boosted

By what percentage would GDP be boosted if the value of the services of stay-at-home spouses were included in GDP? %

  Explain health function eventually bend downward

Assume that health production is subject to diminishing returns and that each unit of health care employed entails a constant rate of iatrogenic (medically caused) disease. Would product of health function eventually bend downward

  How does the firm you selected acquire market power

Pick a firm in the fashion/retail industry. In your opinion, how does the firm you selected acquire market power? What impact do barriers to entry have on the firm's market power?

  Why cost and revenue curves simulation

Some businesses will examine either pricing structure and modify it in order to maximize revenue, either by raising or lowering price. Cost and Revenue Curves simulation and this week's readings could organization you have chosen lower prices to in..

  Illustrate what are the short-run and long-run effects

Resizing them as necessary, to illustrate your analysis. In each case, Illustrate what are the short-run and long-run effects on the aggregate price level and aggregate output.

  Examine critically the health of the economy

Be able to examine critically the health of the economy as a whole through the analysis of major economic variables and advise on likely policy alternatives

  Different types of market structures

Explain market efficiency and identify and distinguish between the different types of market structures; compare and contrast the similarities and differences between their characteristics.

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