Illustrate what do economists call the percentage change in, Ask an Expert

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Q1. Real GDP in 1981 what $5,292 billion. Real GDP in 1982 was $5,189 billion. Illustrate what was the percentage change in real GDP from 1981 to 1982? Illustrate what do economists call the percentage change in real GDP from year to the next?

Q2. Under a business agreement 70/30 why should the 70% shareholder decision carry all day?

Q3. Why does the assumption of independence of risks matter in examples of insurances? Illustrate what would happen to premiums if the probabilities of houses burning were positively correlated? Can you think of a situation where they might be negatively correlated?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9162315

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