Which of the following groups would tend to benefit from a period of rapid deflation? (i) People living on fixed incomes. (ii) People who have recently borrowed money. (iii) An individual who has recently signed a ten-year lease on a new office building. (a) Only groups (i) and (ii). (b) Only groups (i) and (iii). (c) All groups. (d) Only group (i). (e) Only group (iii).
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- Find out NDP from given data. GNP = 1000 Net factor income from abroad = -100 Net indirect of fixed capital = 200 Consumption of fixed capital = 20Mr. Scoobertini owns a store specializing in soccer jerseys. In 2008, he purchased $150,000 worth of jerseys from manufacturers, employed one worker for $40,000, purchased $20,000 worth of supplies from an office supply store, and sold jerseys for $280,000. Based on this information, what was the value added at Alejandro's store in 2008?A) $70,000B) $110,000C)$280,000D) $490,0008 2. Average hourly earnings of all employees increased from $ 29.93 per hour to $ 31.40 per hour in the United States in the year 2021. The CPI at the beginning of 2021 was 262.20 and Increased to 280.13 by the end of 2021 in the United States The average wage increased nearly $ 1.50 per hour or an average of $ 3000 increase in annual pay . Explain in detail what this m in terms of the changes in the real wage and purchasing power of the income ,
- Calculate the value of NVAFC Its given that the value of GVAMP is $350 million, the value of net indirect taxes is $87 and the value of consumption of fixed capital is $35Find out NDP from given data.GNP = 1000Net factor income from abroad = -100 Net indirect of fixed capital = 200Consumption of fixed capital = 20Calculate the value of GVAFC IF:- Sales = $180 Change in stock = $30 Purchase of raw material = $200 Subsidies = $50
- Suppose, iln an Economy there are 500 adult people (15-65 age bracket). Out of them 315 are employed and 35 are unemployed. How much is the unemployment rate? Employment rate? Labor force participation rate?What are the differences between national income, personal income, and disposable personal income? Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.Natural real GNP is determined by:(a) The state of technology which, in turn, is determined by investment in research anddevelopment.(b) The labour force which is influenced by net emigration and the participation rate.(c) The physical capital stock.(d) The human capital stock which is determined by skills, experience and theeducation.(e) All of the above. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.
- a country has the following nominal GNP and output data: If the base year is determined as 20I1, then: a. Calculate data on prices, real GNP, Price Index, Inflation Rate, and Economic Growth Ratevfrom 2010 to 2014! b. Give the conclusion from the calculation of your Economic Growth Rate!find the value of sales if :- GVAFC = 120 Change in stock = - 80 Purchase of raw material = 400 Excise duty = 50 Sales tax = 30 All values are in dollar millionNeed help with this. Thanks! 3. This year Anjun's monthly pay rose from $1000 (last year's rate) to $1100 (this year's rate). During the year the inflation rate for consumer products was 12%. A. What happened to Anjun's nominal income? (up or down, and by what percent?) B. What happened to Anjun's real income? (up or down and by what percent?