Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Consider the following data on US GDP.Year, Nominal GDP (billions), GDP Deflator (base year:1996)2000 $9873 1183 1999 $9269 113
a) Illustrate what was the growth rate of nominal GDP between 1999 and 2000(growth rate is the % change from one period to the next)
b) Illustrate what was the growth rate of the GDP deflator between 1999 and 2000?
c) Illustrate what was real GDP in 1999 measured in 1996 prices?
d) Illustrate what was real GDP in 2000 measured in 1996 prices?
e) Illustrate what was the growth rate of real GDP between 1999 and 2000?
Why all the balance of payments accounts be in surplus. What factors determine the demand for British pounds in foreign exchange markets.
The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled
Now Assume that the interest rate falls to 50 percent, and the household decides not to borrow or lend at all. Is the household better off or worse off with the higher interest rate.
Draw the production possibility curve and a. Define consumer surplus and producer surplus.
Suppose you consume nothing but goods X and Y. We have two years.
Explicate how firms decide on where to produce depending on the marginal product and average product.
Suppose that the government is debating whether to spend $100 billion today to address climate change.
There are three types of plant: coal, natural gas, and hydroelectric. The three types of plants face the costs appearing in the table above.
Do you think this particular budget cutting policy helpful to curb the growing budget deficit.
Explain the relationship among the bowed out shape of the production possibilities frontier and the increasing opportunity cost of a good as more of it is produced.
Determine the minimum average cost of the firm with these different order sizes.
One day you realize you're tired of smelling like refried beans all the time and begin thinking about starting your own business. After doing some investigation you decide to spend 15 hours per week running a photocopy service in your dorm.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd