aIn the regression equation, Y(GDP) is the increased amount of China’s economy, X(TFDI) is the current use of foreign investment in logistics industry, and X with subscripts −1, −2 represent the year before, two years before the foreign investment. Here, the current FDI variable is...
In this paper, we use Astrotheology Mathematics to optimize the GDP equation. This Econphyscis can be used to program a computer to create a real-time computer program to solve unknown variable, such as consumption, in the broad economy....
Real GDP shows a country’s production while removing the effects of inflation. That's why it portrays a much more realistic picture than the nominal GDP. Without it, if the prices go up, it manifests as if the country is producing more. This is why one of its names is also “inflati...
The following equation is used to determine the normalized score of an indicator: Ni={0Xi−XworstXbest−Xworst100×100, where Ni represents the normalized indicator score for the i-th country; Xi denotes the original indicator value of the i-th country; Xbest denotes the indicator's bes...
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(DICE), the link between the climate and the economy is modelled by the equation: D = α∆T2; with \(D\) defined as the damage to the global economy from climate change (as a share of global GDP) and \(\Delta T\) denoting the difference in degrees (Celsius) between global ...
This situation will occur when there is a fall in the current year’s price level (deflation, and price level fall below 100).Using the equation above,nominal GDP = Q x Price of current year real GDP = Q x Price of base year since Price of current year falls to below 100...
Pursuing happiness is one of the ultimate goals of human life (Leung et al., 2013). From an economic perspective, increasing a country’s gross domestic product (GDP) adds to greater prosperity. Therefore, the GDP per capita was long regarded as the essential indicator for the life quality ...
Show that an increase in taxes has no effect on national saving.c.Is the equation S = I true for an open economy? Could you explain why or why not? 2宏观经济题求解~~In a closed economy, the fact that total income equals total expenditure is reflected by the GDP identity Y = C +...
digital transformation, green technology innovation, corporate social responsibility and cost stickiness variables on a firm's total factor productivity when placed simultaneously in the regression equation is examined. The specific model is constructed as follows: ...