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

Author Question: If the value of a price index was 125 for 2005 and 75 for 1982, and GDP was 2500 in 2005 compared to ... (Read 45 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
If the value of a price index was 125 for 2005 and 75 for 1982, and GDP was 2500 in 2005 compared to 600 in 1982, the value of real 2005 GDP in terms of 1982 prices is
 
  a. 1500.
  b. 1000.
  c. 2500.
  d. 360.

Question 2

The root cause of the hyperinflation that plagued Zimbabwe in the 2000s is ________.
 
  A) printing of too much money by the central bank
  B) government expenditures greatly above revenues
  C) outlawing of price increases on many commodities
  D) allowing the use of foreign currencies
  E) the issuance of a 100 billion bank note


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


NguyenJ

  • Member
  • Posts: 516
Reply 2 on: Jun 30, 2018
:D TYSM

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui
Digital rectal exam (DRE). The physician’s index finger is inserted into the rectum and pressed agai Digital rectal exam (DRE). The physician’s index finger is inserted into the rectum and pressed agai
In 2005 historian Angela Lakwete used this print as the cover of Inventing the C In 2005 historian Angela Lakwete used this print as the cover of Inventing the C
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Innate and Adaptive Immunity Compared Innate and Adaptive Immunity Compared
DNA and RNA compared DNA and RNA compared
Video: Cataract

For a complete list of videos, visit our video library