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If GDP increased by 5 percent and real GDP increased by 5 percent what has happened to the average price level?
If (nominal) GDP and real GDP are equal then average price levels are constant.
When a price of a good increased by 2 percent the quantity demanded decreased by 10 percent What is the price elasticity of demand?
Price elasticity of demand= percentage change in demand/percentage cgange in price 2 = % chnge in demand/10 % change in demand= 2*10 % change in demand= 20%
Price and Yield- An 8 percent semiannual coupon matures in 5 years The bond has a face value of 1000 and a current yield of 8.21 percent What are the bonds price and YTM?
The bond's price is $996.76. The YTM is 8.21%. by E. Sanchez
What statement from a newspaper article refers to the consumer price index - CPI?
The average cost of groceries has increased 10 percent since last year.
Assume in a competitive market that price is initially below the equilibrium level. We can predict that price will?
In a competitive market, when the price is initially below the equilibrium level, there will be excess demand as consumers are willing to buy more at the lower price. This increased demand will lead to upward pressure on the price, as suppliers respond to the higher demand by raising their prices. Eventually, the price will rise until it reaches the equilibrium level, where quantity supplied equals quantity demanded.
If GDP increased by 5 percent and real GDP increased by 5 percent what has happened to the average price level?
If (nominal) GDP and real GDP are equal then average price levels are constant.
How many percent increased if price of fuel is increased from 77.20 to 77.84?
You are increasing the original price by 0.00829 percent.
At a store they cut the price 40 for a particular item By what percent must the item be increased if you wanted to sell it at the original price?
An item that has been reduced 40 percent off the retail price will need to be increased by almost 66.7 percent of the sale price to return to the original retail price.
A price increased from 30 to 50 Find the percent of increase?
The percent of the increase is: 66.67%
How do you find sales price when given percent of increase?
if p is the percent increase, multiply the old price by (1+p) to get the new increased price.
If the price of the car was increased from 6400dollars to 7200dollars what was the percent of increase?
12.5%
The price of an article was cut 20 percent for a sale By what percent must the item be increased to again sell the article at the original price?
25%
Compute the current price of the bonds if the present yield to maturity is?
Compute the current price of the bond if percent yield to maturity is 7%
If a can of paint increased in price from 24.00 to 30.00 what is the percent of the price increase?
30/24 = 1.25The increase is 25%.
In 1969 the price of 5 kilograms of flour was 0.75 cents In 1970 the price was increased 15 percent In 1971 the 1970 price was decreased by 5 percent what was the price of 5 kilograms of flour in 1971?
$.82
What would happen to the price level if AD decreased?
If AD increased, all else being equal, the price level would increase.
What is causing the price crunch in the current market?
The price crunch in the current market is primarily caused by a combination of supply chain disruptions, increased demand, and inflationary pressures.
