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Q. Suppose nominal GDP in 2005 was $12 trillion and in 2006 it was $15 trillion. The general price index in 2005 was 100 and in 2006 it was 102. Between 2005 and 2006 real GDP rose by what percent?
Q. The three effects explain the downward slope of the aggregate demand-aggregate supply model: Real-balances effect, interest-rate effect, and foreign-purchases effect. Please explain each effect
Elucidate how does that fact that many goods are non traded affect the extent of possible gains from trade.
Assume the monopoly sells its goods in two different markets esparated by some distance. The demand curve in the first market is given by Q1=55-P1,and demand curve in second market is given by Q2=70-2P2.
If you fail to make your payments to TV Land, do they have a claim to your Calculate. Does TV Land or Calculate Land have to file a financing statement.
Advantages and disadvantages of a company using price discrimination in order to increase demand for its product or service.
Illustrate what is the short-run market supply curve. Find out the short-run equilibrium cost and quantity in this industry.
The widget Industry in Any town is a monopoly, controlled by Widget Corp. Its demand curve for the local market is given.
What reliance performance would be measured efficient. Elucidate reliance behavior which would be considered excessive.
Illustrate what is Consolidated Company's total profit under this condition.
Just breaks even over the year as whole. a Wouldn't the restaurant do better by staying closed out of season. At what cost will it shut down, given that all its fixed costs are sunk.
Consider a monopolist informal moneylender and competitive formal creditors who lend to farmers. illustrate what are the interest rates.
While the population variances are unknown, we will assume they are equal.
Illustrate what recieves goverment subsides that are in place to protect the population rather than for economic reasons.
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