@#!*$ econ problem help

B00T · #1 11-30-2007, 05:13 AM

Y pt = sigma ptqt/sigma ptqt-1 -1

same name on stars

slimhoss · #2 11-30-2007, 05:22 AM

That's really awesome that you got 2 answers to that question. I will be utilizing this section for sure as I have Econ-class woes of my own!

garcia1000 · #3 11-30-2007, 05:26 AM

[ QUOTE ]
the percent increase in GDP from one year to the next( constant population)

[/ QUOTE ]

(Current year GDP - Previous year GDP) / Previous year GDP

Blobbage · #4 11-30-2007, 06:01 AM

[ QUOTE ]
[ QUOTE ]
the percent increase in GDP from one year to the next( constant population)

[/ QUOTE ]

(Current year GDP - Previous year GDP) / Previous year GDP

[/ QUOTE ]

Ha! You forgot to format cell as percentage...voidaments

I claim $5 [img]/images/graemlins/cool.gif[/img]

Jim14Qc · #5 11-30-2007, 08:09 AM

errr, GDP/capita increase %?

econophile · #6 11-30-2007, 09:22 AM

just wanted to give another answer

100*(ln(Current_GDP) - ln(Previous_GDP))

*this only gives an approximate answer

spock86 · #7 11-30-2007, 10:42 AM

nvrmind

BuckyK · #8 11-30-2007, 02:14 PM

1. Export More
2. Import less
3. ???
4. Profit

I don't have a degree in Econ, but I did get my minor in micro-economics.

Dids · #9 11-30-2007, 03:17 PM

!econ_tim

econophile · #10 11-30-2007, 05:28 PM

[ QUOTE ]
!econ_tim

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As we will see in Section 6.11, most forces that make the real economy more responsive to monetary shocks when there are nominal frictions make it more responsive to other types of shocks.