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Economists measure economic growth as the percentage change in a nation's per capita real income. Final sales are always larger than the GDP. a. True. b. False. True or false? In a liquidity trap situation, expansionary monetary policy is not effective to in...
When government spending and tax rise are both raised by an equal amount then, there is an increase in the equilibrium real gross domestic product...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts...
The difference in the number of apples produced is 182 lbs. The growth rate (percentage increase) is 1822000=.091or9.1%1822000=.091or9.1% Now compare this with the growth in the value of apples: 1200−10001000=2001000=0.20or20%1200−10001000=2001000=0.20or20% ...
The overall debt ratio of households, non-financial enterprises and governments rose to 245.4 percent in 2019, up 6.1 percentage points from the previous year. The rise followed a debt growth slowdown in 2017 and a leverage level drop in 2018. But the increase rate was much lower than that ...
A lenders set percentage rate for a principal sum of funds. Investor A person investing money as a resource to be used by a lender. J Joint Venture A collective project with a set desired outcome in which two or more parties outline their financial terms, roles and duties towards the desir...
interest per year and the rate of inflation for the same time period is 3%, the real interest rate earned on the investment will be 1% (4% - 3%). When purchasing power is taken into consideration, thereal valueof the funds deposited in the CD will only increase by 1% per year, not ...
Other takes on the real wage rate might look at the percentage of real to nominal wages or the real vs. nominal wage growth rate.Cost of livingindexes can also provide valuable information on real wage vs. nominal wage rate expectations. These indexes are used to makecost-of-living adjustmen...
For example, suppose you wanted to know the probability that the S&P 500 would return a positive percentage this year, given initial gross domestic product (GDP) figures. In that case, you’d start with Bayes’ theorem, considering the index’s historical return rates to get an initial estima...
NEER is the average rate at which one nation's currency is valued in comparison with a basket of other currencies, weighted for the percentage of trade that each currency represents to that nation. The NEER can be adjusted to compensate for the inflation rate in the home country. That adjust...