The following data represent an economy with only three goods: beer, pizza, and Big Macs. OUTPUT PRICES 2020 2021 2020 2021 BEER 8 12 $1.00 $1.50 PIZZA 6 7 $5.00 $5.00 BIG MAC 10 15 $2.00 $1.00 (A) Calculate nominal GDP for 2020 and 2021.
(B) Calculate real GDP for 2021 using 2020 as a base year.
(C) Calculate the percentage change in real GDP from 2020 to 2021.

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Beswick company your team is allocated a project involving a major client, the beswick company. although the organization has many clients, this client, and project, is the largest source of revenue and affects the work of several other teams in the organization. the project requires continuous involvement with the client, so any problems with the client are immediately felt by others in the organization. jamie, a member of your team, is the only person in the company with whom this client is willing to deal. it can be said that jamie has:

Companies in the u. s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct