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In 1982, nominal GDP decreased by 2% while real GDP increased 4%. What explains the difference between nominal GDP and real GDP? Which is a better indicator of how the economy is performing?
In a perfectly competitive industry, entry of firms will occur until
graph the long run equilibrium for perfect competition. using a similar average cost curve graph the long run
1. Under the gold standard, there was penalty for running a payments deficit but no penalty for running a payments surplus.2.The Bretton Woods Agreement was intended, in part, to make adjustment more symmetric between deficit and surplus countries..
Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car deal..
a monopolists demand function is given byp 80 - 3qwith mr 80 - 6q.its total cost function isnbsptc 20q 200with mc
Moral hazard and adverse selection are both examples of a) the principal-agent b)externalities in consumption c)efficiency in markets
If growth in labor supply is a source of economic growth, then we should just open our borders and let everyone immigrate to the U.S. Agree or disagree? When it comes to labor what matters for economic growth?
1. a perfectly competitive industry has demand curve p 100 - .5q where q is total output produced. all firms in
Marketing Strategy :Value Proposition,Critical Issues,Financial Objectives,Marketing Objectives,Target Market Strategy,Messaging,Branding
Suppose a bar's constant marginal cost per beer is $3.60 and it was making 40 cents per beer in variable profit without the tax. What is the profit per beer with the tax? Intuitively, why has the bar's profit fallen by more - in percentage term..
Draw and explain the parts of a PPC. Draw a PPC for country Nambi and assume that the economy produces only computers and automobiles. Suppose now that there is a new technological breakthrough in the production of computers.
The theory of the Communists may be summed up in a single sentence: Abolition of private property,” This is from:
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