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If GDP increases in nominal terms from $600 billion in 1994 to $663 billion in 1996 and the price index (1992 = 100) rises from 120 to 130, how much real growth (in 1992 dollars) in GDP occurred between 1994 and 1996?
(Note: Show the real growth both as percentage and in dollars. Please show all math or formulas.)
Estimate t-statistics for each variable and elucidate Illustrate what inferences can be drawn from m. If R2 of this equation is 0.25, illustrate what inference can be drawn from it.
Analyze the different stakeholders (i.e., government, three (3) affected parties) that are involved in the externality, and identify what their roles are with regard to the externality.
Illustrate what are the main differences between Lenin's theory of how to bring about socialism and that of Bernstein's
Demonstrate and explain the full process illustrate what happens when the central bank increases their long run target for inflation.
Illustrate what does the term intellectual Property encompass also why are companies so concerned about protecting it
Illustrate what basic principles does production possibilities (or transformation) curve. Consider where an increase in production of one good requires an increase or decrease in production of or goods when K and L are held constant.
Explain how both the flow-of-product approach and the earnings approach can be used to measure GDP and the role profit plays in these calculations.
q1. since the gdp is a total market value of final goods and services produced within a country over time. why is this
specific examples of what would affect each, and a discussion of why it is more accurate to estimate both when trying to determine a country's economic success.
What happens to the demand for beer if consumer income rises by 5%? Be specific. Is beer a normal or inferior good? Explain.
Calculate the loss of economic welfare caused by the monopolistic . If some of this lost welfare would have been producer surplus, why is the monopolist willing to forgot this surplus?
prisoners dilemma is a game that has been and continues to be studied by people from a variety of disciplines from
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