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What are the requirements of national figure to adjusting?
National figures first require adjusting:
• For population: Dividing Gross Domestic Product (GDP) by total population gives per head income that is SoL (standard national living)
• For domestic inflation: Converting nominal Gross Domestic Product (GDP) in real GDP eliminates inflationary effects
• To establish a usual unit of account. The Gross Domestic Product (GDP) of Somalia and Spain can merely be compared with in terms of a common currency.
Local currencies are converted in a common currency that is US dollars ($).
• To make sure purchasing power parity among countries, the current exchange rate is adjusted than a basket of goods and services can be bought for similar amount of dollars.
advantages and disadvantages of commercial banking
Assume the firms cost function is: C(Q)= 100+10Q+Q^2 , Determine whether this industry is a natural monopoly when the demand function is: 1) D(P)= 100-3P 2) D(P)= 90-3P 3) D(P)= 10
QUESTION (a) Compare and contrast the two major transmission channels that characterizes the credit view. (b) Discuss which asset price channel of transmission of monetary p
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#discuss the theory of costs in relation to business operations.you should identify different types of costs and explain how the supply curve is constructed for an organisation?
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You can buy as many drinks as you want at $1 each. You can also buy as many chocolate bars as you want at $2 each. You have $5 to spend. You must buy whole bars and drinks, that is
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