WebEconomics questions and answers. If Real GDP is $3,000, which of the following statements is true? there is an unplanned increase in inventories of $200 there is an unplanned decrease in inventories of $200 unplanned inventories equal \$0 there is an unplanned decrease in inventories of $300. WebExpert Answer. a. If the economy takes one year to return to Real GDP of $100 billion, the growth rate for that year would be calculated as follows: New Real GDP = $100 billion Old Real GDP = $100 billion - 5% of $100 billion = $95 billion. Growth Rate = ($100 billion - $95 billion) / $95 billion = 5.26%.
Chegg - Wikipedia
WebNov 4, 2024 · Chegg's (CHGG 0.37%) ... Chegg's online tutoring competitor Nerdy (NRDY 2.86%), which connects private tutors to students via a gig economy marketplace, trades at 10 times this year's sales. It ... WebThe economy is currently producing GDP1 which is equal to $80 billion. If the MPC is 0.75 , then how much must government spending change for the economy to move to potential GDP? $20 billion $5 billion −$20 billion −$5 billion hawk investment llc
Solved Gross domestic product (GDP) is defined as the
WebFinal answer. 1. "Equilibrium GDP is the same as full employment." Do you agree or disagree? Explain in 2-3 sentences. ( 4 points) 2. Assume an economy operates in the intermediate range of its aggregate supply curve. State the direction of shift for the aggregate demand or aggregate supply curve for each of the following changes in … WebStudy with Quizlet and memorize flashcards containing terms like Economists define and measure economic growth as ______., An economy that is experiencing economic ______ is better able to meet people's wants and resolve socioeconomic problems. Multiple choice question., Why do economists pay so much attention to small changes in the rate … WebJun 30, 2024 · Total Revenue Increased 30% Year-Over-Year Chegg, Inc. (NYSE:CHGG), today reported financial results for the three months ended June 30, 2024. “It is clear, wherever students are learning, whether online, in the classroom, or in a hybrid model, the value of Chegg is unquestionable,” said Dan Rosensweig, CEO President of Chegg, … hawk investment properties limited