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Economics Answers

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Company ABC imports product from China and is worried about the impact a potential upward revaluation of the Chinese yuan may have on its import costs. As a result ABC enters into a non deliverable...

Suppose nominal GDP in 2010 was $10 billion and $15 billion in 2015. Also suppose that CPI was 100 in 2010 and 120 in 2015. Using the simplified method of calculating real growth rates, what is the...

Given that money supply is 1400 millions, autonomous consumption is 120 million, while the responsiveness of consumption to changes in disposable income is estimated to be 80% by the ministry of planning...

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