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Author Question: Consider two economies: Barylia and Lithasia. The GDP per capita in Lithasia is 6,000 while the GDP ... (Read 60 times)

cool

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on: Jun 30, 2018
Consider two economies: Barylia and Lithasia. The GDP per capita in Lithasia is 6,000 while the GDP per capita in Barylia is 12,000. Both countries grow exponentially at an annual rate of 10.
 
  How will their GDPs vary over the next year? Is there any limitation of comparing the absolute levels of GDP per capita of both countries over the next years? If yes, what is a plausible solution?

Question 2

What is discretionary fiscal policy and what is its purpose?
 
  What will be an ideal response?
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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pikon

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cool

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Reply 2 on: Jun 30, 2018
Wow, this really help

LegendaryAnswers

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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