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

Author Question: Consider two economies: Barylia and Lithasia. The GDP per capita in Lithasia is 6,000 while the GDP ... (Read 57 times)

cool

  • Hero Member
  • *****
  • Posts: 570
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pikon

  • Sr. Member
  • ****
  • Posts: 361
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.
Answer Preview
Only 35% of students answer this correctly


cool

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Gracias!

Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

The inequality of per capita emissions between the developed world and the developing world The inequality of per capita emissions between the developed world and the developing world
Social Capability versus GDP per Capita in 1960 Social Capability versus GDP per Capita in 1960
Income per Capita versus Inequality Income per Capita versus Inequality
Growth in Closed Economies Growth in Closed Economies
Average Years of Schooling versus GDP per Capita Average Years of Schooling versus GDP per Capita
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
Video: Wound Cultures

For a complete list of videos, visit our video library