Macroeconomics Answers

UK real GDP was 1360 trillion pounds in 2009 and 1434 trillion pounds in 2010.UK population was 191.5 million people in 2009 and 193.5 million in 2010. calculate the economic growth rate ,the growth rate of real GDP per person,

list four possible reasons for an appreciation of the rand against the us dollar

explain how the inflation rate,that is usually reported every month in the media,is obtained.use hypothetical figures for calculations

draw a demand and supply curve for british pounds(on the vertical axis plot rand per british pound)

draw a demand and supply curve for British pounds(on vertical axis plot rand per British pound)

who would benefit and who would lose if south african government doubled the tariff on imported frozen chicken leg quarters from brazil

use examples to explain the difference between absolute advantage and comparative advantage in international trade

Calculate the equilibrium of income if c=R100 million / 0.8 Y and i = R125 million.

Use examples to explain the absolute advantage in international trade.your answer must have references.

Total profit is maximised where:

A. TR equals TC B. TR and TC curves are parallel C. TR and TC curves are parallel and TC exceeds TR D. TR and TC curves are parallel and TR exceeds TC E. none