Business, 22.04.2021 18:00, mariehayes099
Given below is the the real GDP and potential GDP for the fictitious country "Alpha."
A. Use the date to determine the the year-to-year growth rates of real GDP, the output gap as a percentage of potential GDP and state whether the gap is a recessionary gap or an expansionary gap.
Instructions: Enter your responses as a percentage rounded to two decimal places. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers.
Year Real GDP Potential GDP Real GDP growth Output gap Type of gap
2005 $17,500 $17,300 %
2006 $18,200 $17,800 % %
2007 $18,500 $18,300 % %
2008 $18,400 $18,800 % %
2009 $18,200 $19,300 % %
2010 $18,600 $19,700 % %
2011 $19,200 $20,100 % %
2012 $19,900 $20,500 % %
B. Use the data above to graph Alpha's real GDP between 2005 and 2012.
Instructions: Use the tool 'real GDP' to graph the 8 real GDP values from year 2005 until 2012.
C. Alpha experienced a peak in the business cycle in the following year(s):.
a. 2005 and 2012
b. 2005
c. 2012
d. 2007
e. 2007 and 2012
D. Alpha experienced a trough in the business cycle in the following year(s):.
a. 2009 and 2012
b. 2007
c. 2010
d. 2009
e. 2005 and 2010
Answers: 1
Business, 22.06.2019 04:50, smeeden
Allie and sarah decided that they want to purchase renters insurance for the apartment they share. they made a list of all of the items to be covered by the insurance policy, along with their estimated values. if the items to be covered total more than $3000, the insurance company charges an annual premium of 23% of the total value of the items. if the items to be covered total $3000 or less, the insurance company charges an annual premium of 20% of the total value of the items.
Answers: 1
Business, 22.06.2019 09:30, Yvette538
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers: 3
Business, 22.06.2019 14:30, rakanmadi87
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
Business, 22.06.2019 14:30, karleygirl2870
Your own record of all your transactions. a. check register b. account statement
Answers: 1
Given below is the the real GDP and potential GDP for the fictitious country "Alpha."
A. Use the d...
Mathematics, 01.02.2020 11:45
Mathematics, 01.02.2020 11:45