What is the value of the gdp deflator
Given that in 1995 real GDP was $6,742.1 and nominal GDP was $7,265.4, what is the value of the GDP deflator? For the Keynesian model, explain the reasons why the aggregate demand curve is downward sloping?
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What is the value of the GDP deflator? For the Keynesian model, explain the reasons why the aggregate demand curve is downward sloping?
The maintenance cost for an investment is $2,000 per year for the first 10 years and $1,000 per year thereafter. The investment has infinite life. With a 10% interest rate, what is the present worth of the annual disbursements? The answer is $16,1
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Pharmaceutical drugs have an inelastic demand, and computers have an elastic demand. What happens to the equilibrium price and quantity in each market?
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