This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If real GDP for Mexico was 19.8 trillion pesos at the end of 1999 and 21.3 trillion pesos at the end ... (Read 37 times)

student77

  • Hero Member
  • *****
  • Posts: 567
on: Jun 30, 2018
If real GDP for Mexico was 19.8 trillion pesos at the end of 1999 and 21.3 trillion pesos at the end of 2000 . then Mexico's economy grew at an annual rate of _____.
 a. -0.015
  b. 4.4
  c. 4.2
  d. 7.57
  e. 3.8

Question 2

Good A has an income elasticity equal to 1.0 and a cross price elasticity with respect to Good B of -0.6 . Then:
 a. Good A is an inferior good and Goods A and B are substitutes.
  b. Good A is an inferior good and Goods A and B are complements.
  c. Good A is a normal good and Goods A and B are substitutes.
 d. Good A is a normal good and Goods A and B are complements.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dnite

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


student77

  • Member
  • Posts: 567
Reply 2 on: Jun 30, 2018
:D TYSM

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

A crocodile farm in Mexico. A crocodile farm in Mexico.
Ana Mendieta, Untitled, 1976. From Silueta Works in Mexico. Ana Mendieta, Untitled, 1976. From Silueta Works in Mexico.
Dissolved oxygen at The Gulf of Mexico’s “Dead Zone” Dissolved oxygen at The Gulf of Mexico’s “Dead Zone”
Who is the “real” Beyoncé—doting mother or Sasha Fierce? Who is the “real” Beyoncé—doting mother or Sasha Fierce?
A Caecilian amphibian (Dermophis mexicana). Damp forests of Mexico. A Caecilian amphibian (Dermophis mexicana). Damp forests of Mexico.
Number line (real numbers) Number line (real numbers)
Video: Epidural Hematoma

For a complete list of videos, visit our video library