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Employ the weights given below and suppose that 2002 is the base year with a CPI equal to 100. Suppose also that since 2002 the price of food has increased by 10 percent; the price of housing has increased by 15 percent; and the price of recreation, education, and reading has increased by 20 percent. All other prices are unchanged. Find the CPI for the current year (2012)
# ???? .. difference between gdp at market price and nnp at factor cost
Ask question #impotance of capital output ratio#
in the keynesian cross assume that the consumption function is given by c=200+0.75(y-t). given planned investment is 100, government purchases and taxes are both 100. then what i
Explain the concept of elasticity and describe why the supply of petrol in the short run is relatively inelastic.
Why do some countries have a low real per capita income? Low real per capita income considers being largely due low productivity (i.e., output per worker) of low valued added
Explain the adjustment to the new equilibrium price from an increase in supply.
How can an economy achieve mutual gain from International Trade?
You are developing a sampling protocol whereby you're going to insert a probe into a turbulent flow in a circular conduit of radius R. a. Using a description of a velocity profi
subjective questions on national income determination
What advantages might a socialist system have in responding to the needs of people struck by an emergency situation like the earthquake that occurred in Haiti in January, 2010?
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