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Norway is one of the world's most urbanized nations and is home to one of the most superior economies in the world. The country's overall GDP is quite high considering the nation's small population. Its GDP per capita is higher than that of the United States, ranked second in both nominal and PPP figures.
Its GDP figures in 2005 were as follows: 1) Nominal GDP: $296 billion (25th rank) 2) GDP PPP was $195 billion (42nd rank) 3) Nominal GDP per capita: $64,000 (2nd rank) 4) GDP PPP per capita: $42,000 (2nd rank)
Sources of Divergence The principal cause of extraordinary variation in output per worker between countries today are differences in their corresponding steady-state capital-ou
to what extent does Marginal revenue productivity theory explain wage determination in Zimbabwe
-1- ASSIGNMENT #1 The demand function for Product X is given by: Qdx = 80- 2Px- 0.05P²x -0.2Py + 4Pz + 0.01I+ 2A Where: Px Price of good X $120.00 Py Price of related good y $100.0
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Special Drawing Rights: The late 1960s witnessed that the growth in world resources did not keep pace with the growth in international trade. The slackness in the growth of re
Factors that calculate price elasticity of demand: The proportion of Income spent on the Commodity If the price of a good is relatively low such the expenditure on it is a
williomson''s model of managerial discretion
ADVANTAGES AND DIS ADVANTAGES OF MONOPSONY
If Coolest IceCream ice cream parlor has been closing at 5pm with $120 of marginal revenue and $80 of marginal cost for the last hour open, what should Coolest IceCream do to maxim
Inflation And Unemployment: Inflation describes a persistent and an appreciable increase in the general price level. The inflation rate is measured as a percentage change in a
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