Business, 20.09.2020 15:01 coolaadhya123
Assume that bananas cost $0.50 in 2002 and $1 in 2007, whereas pears cost $1 in 2002 and $1.50 in 2007. Suppose that 4 bananas were produced in 2002 and 5 in 2007, whereas 3 pears were produced in 2002 and 4 in 2007. Calculate the nominal GDP in 2002 and 2007, the real GDP (in 2002 prices) in 2007, the GDP deflators in 2002 and 2007 using 2002 prices. Finally, using the GDP deflators that you just calculated, find the implicit inflation between 2002 and 2007.
Answers: 1
Business, 22.06.2019 01:50, Kana81
You are an employee of an u. s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u. s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u. s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?
Answers: 3
Business, 22.06.2019 20:00, davidaagurto
If a hotel has 100 rooms, and each room takes 25 minutes to clean, how many housekeepers working 8-hour shifts does the hotel need at 50 percent occupancy?
Answers: 1
Business, 23.06.2019 02:20, jadenmenlovep7s7uj
You park your car on sixth street and walk over to the quad for lunch. while crossing wright street, you are hit by a bicyclist and knocked to the ground. you hit your head so hard you are knocked out. when you wake up, the person who hit you is gone. you incur $45,000 in medical bills. the person who hit you would be liable for $150,000 in damages if you could find them. your policy will pay:
Answers: 1
Assume that bananas cost $0.50 in 2002 and $1 in 2007, whereas pears cost $1 in 2002 and $1.50 in 20...
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