Q. The nominal cost of a 1990 laptop was $3,500 also the CPI that yr was 130.7. The nominal cost of a laptop in 1998 was $1,600 also the CPI that yr was 163.0. Illustrate what is the real cost of a 1998 laptop in terms of 1990 dollars? By illustrate what percent (%) has the real cost of laptops changed?
Q. The advantages or disadvantages of buying imports versus buying domestic products in relation to the fashion industry.
Q. ‘Analysis the changing views of economic system', illustrate what does that mean?