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"The GDP goes up in case it is measured by the PPP when compared to the calculation made using market exchange rates." Discuss this statement while making difference between Purchasing power parity (PPP) and market based exchange rate. Please be specific, thanks.
Discuss the types of situations where you would expect to see non-constant variance in the data. Provide examples to support your response. Describe a specific instance where
Suppose that a market with an inelastic demand curve experiences an upward shift in the supply curve. Using comparative statics, analyze how the equilibrium price and equilibr
Considering the circular flow model (for a four sector economy), if leakages exceed injections at some income level, we can know that the level of aggregate demand also must e
An oil and gas company is considering whether to begin drilling a new oil field. The company will need to pay $5 million as an initial investment in order to extract the oil.
About "Macroprudential Policy, Countercyclical Bank Capital Buffers and Credit Supply:Evidence from the Spanish Dynamic Provisioning Experiments" How do you think this policy
Consider a durable good monopolist whose product is usable for only 2 periods. However, each consumer can benefit from the product only for one period. The quality of the prod
If the cross elasticity of demand between Coke and Pepsi is 2.02, then Coke and Pepsi are. Technology reduces the average cost of production, so in the long run.
Using any relevant information below, calculate GDP via the expenditure approach. Nominal GDP in Nowhereland in 2002 and 2003 increased from $4 trillion to $4.8 trillion. Can
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