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Q. Real GDP in 1981 was $5,292 billion. Real GDP in 1982 was $5,189 billion. Illustrate what was the percent (%) change in real GDP from 1981 to 1982? Illustrate what do economists call the percent (%) change in real GDP from one yr to the next?
Q. Elucidate why liberals have traditionally endorsed national authority
Q. provide an intuitive explanation for Elucidate why a "buy one get one free "deal" is not the same as a "half cost" sale
Can you offer another reason why the New Jersey dealer might not have wished to follow a no-haggling policy.
If the average income in the town increases to 15, solve for the new equilibrium Quantity and equilibrium Pb.
Illustrate what are the implications of savings and population growth at steady a state in the Solow's neoclassical growth model.
If this price floor is implemented, how many units of pork will the government are forced to buy to keep the price at $2.25.
A price floor reduces the amount of a product that consumers buy because it keeps the price above the competitive equilibrium of market.
Characteristics of Proprietorships what percentage of sole proprietorships is engaged in retail trade? Why might more sole proprietorships be engaged in services rather than manufacturing?
As part of your answer converse whether or not one or more of the legs of the organizational stool was unbalanced.
If the objective is to increase total revenue, should the price be increased or decreased, Explain.
What is the deadweight loss in both markets if the price of a crate of fresh oranges is raised.
Offer one good or service that you think would be considered highly price elastic ,one that you think is highly inelastic and Elucidate why.
When a company's depreciation is larger than its gross investment, net investment becomes negative and the firm's capital stock decreases.
Considering companies operate in their own self interest, should cartels be legal.
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