Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Economics Expert

The solution to Real GDP

Suppose an economy's real GDP is 30,000 in year 1 and 31,200 in year 2. What is the growth rate of it's real GDP. Assume that population is 100 in year 1 and 102 in year 2. What is the growth rate of GDP per capita

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M928958

Have any Question? 


Related Questions in Business Economics

1 a assuming that the velocity of money is constant if a

1. (a) Assuming that the velocity of money is constant, if a country has an average annual growth rate of real GDP equal to 3%, then what is the average annual rate of money growth that would required to produce an avera ...

Why is it that when you have a trade deficit saving is less

Why is it that when you have a trade deficit saving is less than investment. S-I=NX. A trade deficit just means you bought more products from foreign sellers than you sold to them. So is a trade deficit even a bad thing? ...

Greasysteak corp has 350000 of assets and it uses only

GreasySteak Corp. has $350,000 of assets, and it uses only common equity capital (zero debt). Its sales for the last year were $600,000, and its net income after taxes was $30,000. Stockholders recently voted in a new ma ...

Advanced analysis assume the following values for the

ADVANCED ANALYSIS Assume the following values for the figures below: Q1 = 20 bags. Q2 = 15 bags. Q3 = 27 bags. The market equilibrium price is $45 per bag. In Figure (a), the price at point a is $85 per bag. The price at ...

Suppose that abc company purchased 10000 of machinery 3

Suppose that ABC Company purchased $10000 of machinery 3 years ago. The machinery is 5-year MACRS property. The firm is selling this equipment today for $5000. What is the aftertax cash flow from this sale if the tax rat ...

King lear was worried about how his children would treat

King Lear was worried about how his children would treat him in his old age. Much to his regret, he discovered that children do not always deliver what they promise. In addition to love and respect, children are also mot ...

In regards to clintons new tpp treatybody of post1 how does

In regards to "Clinton's New TPP Treaty" Body of Post: 1. How does this topic relate to considerations of foreign policy in the presidential election? 2. Identify at least three facts you learned from the article. 3. Fin ...

Assignment economics issues of the underground economyi

Assignment: Economics Issues of the Underground Economy I have uploaded several articles dealing with the related topics of big city rent control, condo conversion moratoria, and arson fires. They are in a labeled folder ...

Flawed reasoning identify the flaw in reasoning in the

Flawed reasoning. Identify the flaw in reasoning in the following scenarios. Explain what the individuals in the study should have done differently if they wanted to make such strong conclusions. (a) Students at an eleme ...

Balance sheetthe assets of dallas amp associates consist

Balance Sheet The assets of Dallas & Associates consist entirely of current assets and net plant and equipment. The firm has total assets of $2.5 million and net plant and equipment equals $2.2 million. It has notes paya ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate