which of the following best describes what occurs?

A. If all quantities produced rise by 5 percent and all prices fall by 5 percent, which of the following best describes what occurs?

 

a. Real GDP rises by 5 percent, while nominal GDP falls by 5 percent.

b. Real GDP rises by 5 percent, while nominal GDP is unchanged.

c. Real GDP is unchanged, while nominal GDP rises by 5 percent.

d. Real GDP is unchanged, while nominal GDP falls by 5 percent.

B. I f Mr. Keating quits his job as a teacher to home school his own children, GDP

a. stays the same because he is engaged in the same activity.

b. rises because he now pays lower income taxes.

c. falls because his market income decreases.

d. could rise or fall, depending on the value of home

schooling.

C. GDP is an imperfect measure of well-being because it

a. includes physical goods produced but not intangible services.

b. excludes goods and services provided by the government.

c. ignores the environmental degradation from economic activity.

d. is not correlated with other measures of the quality of life.

Calculate p(0) such that p(y) is normalised.

A PCM transmitter sends out a 12-bit serial digital signal with 5 V corresponding to a 1 and 0 V corresponding to a 0. The signal passes over a transmission….

estimate the probable number of errors if 1600 bits of information are transmitted.

Ten measurement signals are input to a multiplexer so that each one is sampled twice per second. The multiplexed signal is input to a serial digital transmitter incorporating a 10-bit….

Calculate the cost per equivalent unit of material and conversion cost for January

Calculate the cost per equivalent unit of material and conversion cost for January – using the Weighted Average Approach Units Materials Conversion Work in process January 1 2,500 50% 35%….