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What are the differences between the consumer price index (CPI) and the GDP deflator? Check all that apply.
The GDP deflator includes imports, while the CPI does not.
The CPI includes goods purchased by businesses and government, while the GDP deflator does not.
The GDP deflator is a broader measure than the CPI.
The GDP deflator includes capital goods, while the CPI does not.
Evaluate the factors involved in making decisions about pricing tobacco products indicating which would be the most influential.
Explain how could those same inventory systems quickly transmit large demand shocks directly to sudden, deep recessions.
Your group of rural cabin owners is considering a small renewable energy project that would average 100 kW of output year-round, with an expected lifetime of 20 years. The project has a capital cost of $280,000, and a salvage value of $30,000. The co..
In the long-run, fiscal policy impacts the supply side of the economy. Why do we ignore these effects in the short-run?
What is the initial level of output per person? What is the level of output per person after 10 years?
How would the following transactions affect U.S. exports, imports, and net exports?
Assume you have an asset which will pay 5,000 dollars at the end of each year forever. Then, if the interest rate is 5% per year, the value of the asset is
Demand in a market is found to be inelastic. Is the market necessarily an antitrust market? Is this necessarily true? If p A + t > pB , is A an antitrust market?
Give at least one example of a sports issue that illustrates a concept from each of the following: Industrial organization; public finance and labor economics.
Elucidate the dynamics through which an increase in the stock of money affects real output and the price level in the short run.
What are the advantages and disadvantages of fixed versus floating exchange rates?
Academic researchers usually develop more complex also eworkerate models than applied researchers.
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