Real gdp rose by what percent

Assignment Help Macroeconomics
Reference no: EM131325982

Suppose nominal GDP in 2012 was $100 billion and in 2014 it was $220 billion. The general price index in 2012 was 100, and in 2014 it was 140. Between 2012 and 2014, the real GDP rose by what percent?

Reference no: EM131325982

Questions Cloud

Write about the inter american court of human right : A 30 pages long double space talk about "the Inter American Court of Human Right" and "Commission". It must be written in an easy language
Discuss the design of pensions and income support : Discuss the design of pensions and income support for the elderly that are in place in Canada and in other countries and analyze the reasons why government is involved.
Should the us government play in health care coverage : What role, if any, should the U.S. Government play in health care coverage for Americans? Should the government's role in terms of health insurance be different for those with jobs and for those without jobs?
Explain the strategies and thought processes : Identify the key roles of those who have a vested interest in the ethical behavior that your code defines.Explain the strategies and thought processes that you used to formulate the code.Explain how you would strategically implement and communicate t..
Real gdp rose by what percent : Suppose nominal GDP in 2012 was $100 billion and in 2014 it was $220 billion. The general price index in 2012 was 100, and in 2014 it was 140. Between 2012 and 2014, the real GDP rose by what percent?
How you would propose to solve the labor-employment problem : You are an official of the union brought in to resolve the tensions between Bob and the company and the union. Write a memo in Word with suggestions on how you would propose to solve the labor-employment problem. Refer to principles and examples f..
Identify the breakeven stock prices at expiration : Construct a long straddle using the October 165 options. Hold until the options expire. Determine the profits and graph the results. Identify the breakeven stock prices at expiration and the minimum profit.
Compute the variance of the prediction error : Encode this sequence using a DPCM system with a one-tap predictor with predictor coefficient 0.9 and a three-level Gaussian quantizer.
Determine the profits and graph the results : Construct a short strip using the August 170 options. Hold the position until the options expire.- Determine the profits and graph the results.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Describe tax credit program

Congress is considering a tax credit program for those who purchase energy-efficient appliances. Proponents of the program have said that $400 million will be given directly to taxpayers and argue that this will have an economic effect that is gre..

  Are the welfare programs beneficial for the us

Write a paragraph of your response to the following two questions. Is the rising inequality good for the economy? Are the welfare programs beneficial for the US?

  Theory galbraiths of consumer demand has an important

Theory Galbraiths of consumer demand has an important implication in terms of underallocation of resources to public goods.

  Ellucidate what rewards exist for a company to be first

Is innovation increasing or decreasing. Is the productivity of workers increasing or decreasing. Ellucidate what rewards exist for a company to be first with an innovation.

  Should we try and completely eliminate unemployment

When the U.S. economy is at full employment, why isn’t the unemployment rate at zero percent? Should we try and completely eliminate unemployment?

  Is there more accountability just more political posturing

The current congress seems to be flexing a little more muscle way back in Washington D.C. than in the past. Is there more accountability or just more political posturing?

  One of the most investigations of antitrust behavior

The Microsoft trial has been one of the most investigations of antitrust behavior since the turn of the century.

  Conditions-skill levels of people in particular different

What are non-profitable organizations that work to improve the image, working conditions and skill levels of people in particular different occupations?

  Illustrate the morality of market exchange

Economists typically view free and mutually advantageous exchanges as a good thing - in the words of economists, they are "Pareto Improving." However, we may find in the literature on the "morality of market exchange".

  External economies of scale and dynamic

Which of the following goods or services would be most likely to be subject to (1) external economies of scale and (2) dynamic increasing returns? Describe your answers.

  New agreement might galvanize development assistance debates

Countdown to a new agreement might galvanize development assistance debates. What do you think will happen and should happen- and why.

  Which candidate would you choose for the job

The work involves close cooperation and coordination with other inside and outside of the department. Candidate A has exactly the experience required, but appears to be very unsociable. Candidate A has exactly the experience required.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd