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What are various methods to measure GDP and what problems are involved with each method used in estimation or measurement of GDP?
Business Economics, Economics
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The newly elected president needs to decide the remaining 4 spots available in the cabinet he/she is appointing. If there are 13 eligible candidates for these positions (where rank matters), how many different ways can t ...
Suppose that the price of a product falls from $70 to $60, and the quantity demanded as a result increases from 30 units to 40 units. Calculate the price elasticity of demand for this product. Is the product elastic, ine ...
This weekend, Martha has time to read 40pages of economics and 30pages of sociology. Alternatively, she could read 10pages of economics and 90pages of sociology. Which of these equations describes all combinations of pag ...
For a population of individuals that has a standard deviation of 10, what is the standard error of the mean for samples of size (a) 2, (b) 3, (c) 4, (d) 5, (e) 10, (f) 20, (g) 100?
Advertisements suggest that a new window design can save $400 per year in energy cost over its 30-year life. At an initial cost of $8,000 and zero salvage value, using IRR, is this window a good investment? MARR is 8%.
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
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