### Units of elephants produced sold for \$2,000 per unit and the

Assignment Help Macroeconomics
##### Reference no: EM13310408

Country A produces two goods, elephants and saddles. In the year 2006, the 10 units of elephants produced sold for \$2,000 per unit and the 25 units of saddles produced sold for \$200 per unit. In 2007, the 20 units of elephants produced sold for \$3,000 per unit, and the 50 units of saddles produced sold for \$300 per unit. Real GDP for 2007, assuming that 2006 is the base year, is

#### Questions Cloud

 Determine the controlling ct factor at the water temperature : A small city is evaluating disinfection requirements for their drinking water plant. With an average flow of 5 MGD and a peak flow of 9 MGD, determine the controlling CT factor (virus or giardia) when the water temperature is 23 degrees C. Create a work breakdown structure code for each task : Use at least one (1) quality resource in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. What is the maimum speed of the ejected electrons : when a photoelectric surface is illuminated with f 437 nm , the stopping potential 1.67 v, what is the maimum speed of the ejected electrons What is the bright fringe separation : a double-slit arrangment prduce bright interference fringrs that are seprated by 2.60 mm when the wavelengt is 589nm. what is the bright fringe separation Units of elephants produced sold for \$2,000 per unit and the : Country A produces two goods, elephants and saddles. In the year 2006, the 10 units of elephants produced sold for \$2,000 per unit and the 25 units of saddles produced sold for \$200 per unit. Determine the aeration period and f by m ratio : Two activated sludge aeration tanks in Podunk, MO are operated in series. Each tank has the follwing dimensions: 7.0 m wide x 28.0 m long x 3.5 m effective liquid depth. Estimate the bending moment at the base of the chimney : A cylindrical chimney,1 m in diameter and 2.5 m tall is exosed to a uniform 50km/hr wind at standard atmospheric conditions.End effects and gusts may be neglected. Find is the electron jumping to higher or lower level : an electron in a hydrogen makes a transition between levels and emits a photon with a frequency of 6.91*10^14 hz . find is the electron jumping to higher or lower level Set up the problem and constraints using algebraic symbols : Two factories are manufacturing and supplying a single type of good to four warehouses. The factories can produce a1, and a2 units of the good each month, and the warehouses need b1, b2, b3, and b4 units each month

### Write a Review

#### Explain how to predict relative income

The following show data on investment rates and output per worker for two pairs of countries. For each country pair, calculate the ratio of GDP per worker in steady state that is predicted by the Solow model, assuming that all countries have the s..

#### Should kermit purchase the new computer system

Kermit is considering purchasing a new computer system. The purchase price is \$100,000. Kermit will borrow one-fourth of the purchase price from a bank at 10 percent per year compounded annually. The loan is to be repaid using equal annual payment..

#### Mary is utilizing hot dogs and cokes at the bucs game

Mary is utilizing 3 hot dogs and 2 Cokes at the Bucs game.

#### Predict what would have occurred had the monopoly succeeded

Identify a situation in the past 50 years in which the government used antitrust policies to stop a monopoly from occurring. Include the circumstances of the proposed monopoly and the reason the government stepped in.

#### What data are likely to be relevant

Your hospital is considering opening a satellite urgent care center about five miles from your main campus. You have been charged with gathering demographic information that might affect the demand for the center's services. What data are likely t..

#### A severe drought has make a shortage of tomatoes.

A severe drought has make a shortage of tomatoes. Jim makes his own barbeque sauce. One of the main ingredients of his sauce is fresh tomatoes.

#### Utilizing the solow growth model describe long-run

Utilizing the Solow Growth Model describe long-run growth in an economy. Explain why an economy should strive to reach its golden rule steady state level.

#### Suppose firm y production function is given

Suppose Firm Y's production function is given by the following Cobb Douglas equation

#### Economy begins to recover from a recession and more people

As the economy begins to recover from a recession and more people go back to work.

#### Productivity growth in the us economy

During March 2001 and March 2002, measured RGDP in the economy actually increased by about 2.5 percent, even though total employment in terms of hours worked declined through 1.8 percent and the unemployment rate increased sharply from 4.3 percent to..

#### Provide alternative to cracking down as means of increasing

Explain carefully in terms of production theory why it might be that no amount of "cracking down" can increase worker productivity at CF&D.  Provide an alternative to cracking down as a means of increasing the productivity of the sheet metal workers..

#### Determine the equivalent annual worth of projected saving

A rural utility company provides standby power to pumping stations using diesel-powered generators. an alternative has arisen whereby the utility could use a combination of wind and solar power generators, but it will be a few years before the ene..