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An analyst needs to adjust the nominal GDP for the years 2000 and 2010 into real terms to conclude his comparison analysis. The nominal GDP in 2000 was $672 billion and $1,690 billion for 2010; the real interest rate was 6.79% in 2000 and 3.71% in 2010; the 2000 deflator was 24 and 51 in 2010. What is the real gain?
Explain how foreign exchange rates are determined. How do changes in interest rates, inflation, productivity, and income affect exchange rates
what will happen to the hedonic wage function after the public relations campaign? what will happen to where each individual miner locates on the hedonic wage function?
Bundling helps the seller to increase profit by ________.
Since November 2011, the Reserve Bank has lowered the cash rate on eight separate occasions from 4.75% to 2.5%. Clearly, the Bank has become far less concerned about inflation and is giving a much greater emphasis to unemployment in its policy reacti..
Consider a market with a demand curve of P=10-Q and a supply curve of P=Q. Before the imposition of a tax, equilibrium quantity is 5, and equilibrium price is $5 (verify this). If a tax of $5 per unit is placed on this market, quantity traded falls t..
Required all pharmaceutical firms to sell their drugs in a competitive market with no ability to patent their break.
What are potential reasons for income inequality across the economy. In some of our efforts to improve income inequality can we negatively impact productivity?
The dropout rate of minority also international students at U.S. colleges also universities are higher than it is for white American students.
Optimization with 2nd order conditions and identifying the properties of functions: 1. Solve the following optimization problems Check 2nd order conditions to confirm that your solution is a maximum. Check if the objective function is concave, convex..
If the seller cannot discriminate, but must charge the same price p1 = p2 = p to each group, what will be her profit-maximizing price? Which, if any, consumer group benefits from price discrimination?
illustrate what is the prospect cost of producing Toyotas in every nation. Should which information involve your calculation of the inflation rate.
If a perfectly competitive firm raises its price, the quantity demanded of its product __________. The demand curve as perceived by a perfectly competitive firm is __________. Would raising the price for a product create a larger decline in quantity ..
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