If 20 units of a good (X) can be purchased by 1 JD at Jan, 1, 2015 Assuming the inflation during 2015 reflects on prices of all goods and services that at Dec, 31, 2015, the 1 JD can purchase only 16 units of the good (X) 14 What is the general price index (2 Points) a) 25 b) 80 c) 125 d) 180 If 2...

14 Correct Option c 125 Reason ...

If 20 units of a good (X) can be purchased by 1 JD at Jan, 1,...

Fantastic news! We've Found the answer you've been seeking!

Question:

Related Book For answer-question

Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

See More Books

Posted Date: Feb 09, 2021 03:45 AM

See More Questions

Goods and services that are not sold in markets, such as food produced and consumed at home, are generally not included in GDP. Can you think of how this might cause the numbers in the second column...
A vehicle can be purchased by paying $27 000 now, or it can be leased by paying $725 per month for the next four years, with the first payment due on the day of signing the lease. What nominal annual...
Goods and services that are not sold in markets, such as food produced and consumed at home, are generally not included in GDP. Can you think of how this might cause the numbers in the second column...
If we define the median of a sequence as a number so that exactly as many elements come before it in the sequence as come after it, fix the program in 4.6.3 so that it always prints out a median....
A local TV station conducted a "Pulse-Poll" about the upcoming mayoral election. Evening news viewers were invited to text in their votes, with the results to be announced on the late-night news....
Now suppose the cost of the project is $75 million and the project cannot be delayed. But if Tropical Sweets implements the project, then Tropical Sweets will have a growth option. It will have the...
Five projects form the mutually exclusive, collectively exhaustive set under consideration. The cash flow profiles for the five projects are given in the table below. Information on each project was...
Answer each of the questions in the following unrelated situations. (a) The current ratio of a company is 5:1 and its acid-test ratio is 1:1. If the inventories and prepaid items amount to $500,000,...
In some labor markets, the supply of labor is as follows (where W represents wages and L represents the number of employees): W = 113 + 0.21L However, the demand for labor is: W = 958 -0.28L a) At...
Given the regression equation Y = 100 + 10X a. What is the change in Y when X changes by +3? b. What is the change in Y when X changes by -4? c. What is the predicted value of Y when X = 12? d. What...
Describe the difference between a protective put and a straddle. In which situation would the straddle result in a higher profit?
What is "The Interest Rate Factor", and how is it used in Time Value of Money calculations?
What is the cost of equity for a firm that has a beta of 1.2 if the risk-free rate of return is 2.9 percent and the expected market return is 11.4 percent?
6- Complete the Table below, assuming a profit allowance of $3.00 per tonne. Then, assuming a stripping cost of $2.00 per tonne of waste and a copper price of $3.63 Ab. calculate the economic...
Home Depot has debt outstanding with a face value of $40 billion. The coupon rate on these bonds is 5.7%. The current yield-to-maturity (YTM) on these bonds is 7.8%. Home Depots tax rate is 30%. What...
Given the equation 2H(g) + O (g) 2HO (g), is it correct to say that 10 g of hydrogen will react with 10 g of oxygen to produce 20 g of water vapor? False True
Wimot Trucking Corporation uses the units-of-production depreciation method because units-of-production best measures wear and tear on the trucks. Consider these facts about one Mack truck in the...
What is the difference between the unilateral and multilateral approaches to achieving free trade? Give an example of each.
Japan generally runs a significant trade surplus. Do you think this is most related to high foreign demand for Japanese goods, low Japanese demand for foreign goods, a high Japanese saving rate...
Define net exports and net capital outflow. Explain how they are related.
True or false? Economic theory argues that discrimination should be eliminated. Why?
Why is discrimination based on characteristics that affect job performance difficult to eliminate?
Visit the Suzy Lamplugh Trust website at http://www.suzylamplugh.org and the Social Research Association at http://the-sra.org.uk/sra_resources/safety-code/ . Browse the guidance leaflets/web pages...

If 20 units of a good (X) can be purchased by 1 JD at Jan, 1,...

Question:

Expert Answer:

14 Correct Option c 125 Reason ... View the full answer

Principles of economics

Students also viewed these economics questions