For the following questions, suppose an economy produces only pens and pencils, and that the quantity and price data is given by this table
pens pencils
Year 1 quantity 15 10
Year 1 price 12 12
Year 2 quantity 17 12
Year 2 price 14 15
What is the real GDP in year 2 using base year 1?
A) 418
B) 300.
C) 360.
D) 338.
Question 2
According to rational expectations, expectations will only change in the event that ________.
A) wealth changes
B) current income changes
C) permanent income changes
D) unanticipated new information arises
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
Do you know why ballpoint pens caps have that small hole?
Word Problems Algebra Questions Help pls
Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ...
Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ...