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Suppose GDP was constant over a period of years and yet living standards increased. Which of the following might not be a reason for this?
a) There might be an increase in household production.
b) There might be an increase in production by the underground economy.
c) There might be an increase in exports.
d) There might be an increase in leisure.
In an article about the financial problems of the USA today, Newsweek reported that the paper was losing about $20 million a year.
write an essay evaluating the role of governments in assuring that developing countries obtain a fair and adequate
Assume nominal GDP in 1999 was $200 billion, and in 2001, it was $270 billion. The general price index in 1999 was 100 and in 2001 it was 150. In 1999 and 2001, real GDP rose by what percent?
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Illustrate what is your forecast of the future value of the domestic currency. Explain.
Utilize supply and demand analysis, the impact on the equilibrium price and quantity of new Hybrid automobiles when the following occurs
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