Suppose that, in year 1, an economy produces 100 golf balls that sell for $3 each and 75 pizzas that sell for $8 each. the next year, the economy produces 110 golf balls that sell for $3.25 each and 80 pizzas that sell for $9 each. the value of nominal gdp in years 1 and 2, respectively, is:
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Business, 22.06.2019 11:40
Select the correct answer. which is a benefit of planning for your future career? a.being less prepared after high school. b.having higher tuition in college. c.earning college credits in high school. d.ruining your chances of having a successful career.
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Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.
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True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.
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Suppose that, in year 1, an economy produces 100 golf balls that sell for $3 each and 75 pizzas that...
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