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Q1. Consider the subsequent data on U.S. GDP:
Year Nominal GDP Deflator (in Billions) (Base Year 1992)1996 7,662 1101997 8,111 112
Illustrate what was the growth rate of nominal GDP between 1996 also 1997?
Q2. Why do economists use real GDP per capita to measure the economic progress?
Q3. A organization currently sells 60,000 units a month at $10 per unit. The marginal cost per unit is $6. The organization decided to raise the price about 10%, to $11. if the price elasticity of demand is which price range , then profit would increase if the organization decided to raise the price by 10%
If planned aggregate expenditure (PAE) in an economy equals 2,000 + 0.48Y and potential output (Y*) equals 4,000, then this economy.
Should Roscoe's Rascals match the price offered by the competitor.
Illustrate what is the effective rate of protection for sneakers.
Which of the variables above is NOT statistically significant at the 0.05 level.
Explain how you would tell the employee and your remaining subordinates.
Subsequently the customer paid the balance on 22 October 2012. To customer the Credit terms offered.
discuss the major types of financial intermediaries in the U.S. and illustrate the differences in the way assets and liabilities are recorded on their balance sheets
Watch the video titled Fear the Boom and Bust. Using the tools of macroeconomics, identify the primary difference between the two philosophies.
Amend the diagram and use similar algebra to figure out Illustrate what happens again.
If at an interest rate of 7 percent, planned investment is $2 trillion, government spending is $3 trillion, net taxes are $2.8 trillion, and household saving is $2.2 trillion, what is the quantity of funds demanded at an interest rate of 7 percent..
What factors influence Under Amour's ability to make an economic profit in the cross-training shoe market.
Explain how do acts of intellectual piracy hurt American companies.
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