Asouth sea island produces only coconuts. in 2012, the price of a coconut is $1 and the quantity produced is 200. in 2013, the price of a coconut is $1.50 and the quantity produced is 250. 2012 is the base year. real gdp in 2013 is

Refers to the way we conduct ourselves

Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?

Match the different financial task to their corresponding financial life cycle phases