### Calculate the percentage change in nominal gdp

##### Reference no: EM1351772

Compute the percentage change in nominal gdp, real gdp and the gdp deflator in 2008 and 2009 from the preceding year. for each year identify the variable that does not change. explain in words why your answer make sense

#### Level of profitability if forced to accept price ceilings

What are price floors and price ceilings? How could a business maintain its level of profitability if forced to accept price ceilings? Use a business in your response. For exa

#### What are some explicit costs of going to school

What are some explicit costs of going to school? What are some implicit costs of going to school? How do you make the decision to go to school? What is judicial review and why

#### Calculate the ideal and the laspeyres cost-of-living index

The utility that Meredith receives by consuming food F and clothing C is given by u(F, C) = FC. Suppose that Meredith?s income in 1990 is \$1, 200 and the prices of food and cl

#### With the innovation of hydraulic fracturing

With the innovation of hydraulic fracturing and horizontal drilling to extract natural gas from shale in the United States, U.S. gas production has increased and gas prices ha

#### Explain how this change affects the bond market

FRED reports that the University Michigan Consumer Sentiment Index was 82.5 in June 2014 and 96.1 in June 2015, the most recent month reported. Explain how this change affects

#### Human capital may influence your ability to accept change

Discuss how increasing your human capital may influence your ability to accept change, and readiness to learn new skills and get new jobs. Please apply the effects of human ca

#### Why the marginal cost curve is upward sloping

Give two reasons why the marginal cost curve is upward sloping. You will want to use a graph(s) as part of your answer. Be sure to explain in words what your graph(s) are show

#### Elucidate which technology is cheapest

Assume the firm is operating in a high-wage country, where capital cost is \$100 per unit per day and labor cost is \$80 per worker per day. For each level of output, elucidat