Structural unemployment, Managerial Economics

a)      In 1948, the money GNP was $520 billion and the price index was 120.  In order to   make the 1948 GNP comparable with the base year, the 1948 GNP must be adjusted    to:

b)      What is Structural unemployment:

c)        A $75 price tag on a cashmere sweater in a department store window is an instance of  money functioning as a:

 

Posted Date: 3/23/2013 3:49:45 AM | Location : United States







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