David Ricardo's model, which provided an explanation of why nations trade,
Chapter 2 – Ricardian Model David Ricardo’s model, which provided an explanation of why nations trade, was based on: A) total production B) C) D) government control. What is the marginal product of labor (MPL)? A) the average output of a unit of labor B) the extra output obtained by using one […]
using strategic analysis tools to help in formulating a strategic direction based upon key competitive factors
The purpose of this assignment is to give you experience using strategic analysis tools to help in formulating a strategic direction based upon key competitive factors. Using pages 113, 120-121, and 153-154 in the text as a guide, develop an industry matrix (competitive analysis or profile) and an external factor analysis (EFAS) and internal factor […]
What will be the impact in the short run and the long run on the wage and the distribution of employment in the German economy
What will be the impact in the short run and the long run on the wage and the distribution of employment in the German economy between capital and labor-intensive sectors as a result of the recent inflow of significant numbers of immigrants from Africa and the Middle East? Explain why a gravity equation may predict […]
The growth rate of nominal GDP? growth rate in real GDP + Growth rate in the price level. Do your findings support this formula?
In January 26th 2018, the Bureau of Economic Analysis (BEA) issued the 2017 fourth quarter report. This report is available on the BEA websitehttps://www.bea.gov/newsreleases/national/gdp/2018/pdf/gdp4q17_adv.pdf What is thegrowth rate of the real GDP in 2017, and 2016?Remember that growth rate is the percentage change.(2 points) From table 3,what isthe nominal GDP in 2017?Calculate the growth rate […]
How are changes in the price level measured? How much have prices increased in recent years? What is the difference between real and nominal GDP
answer in three to five sentences per question. 1. Is GDP a good measure of output? What are its strengths and weaknesses? 2.How are changes in the price level measured? How much have prices increased in recent years? What is the difference between real and nominal GDP? 3. What is the difference between GDP and […]