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agasfer [191]
2 years ago
5

A south sea island produces only coconuts. In 2010, the price of a coconut is $1.50 and the quantity produced is 300. In 2012, t

he price of a coconut is $0.50 and the quantity produced is 350. 2010 is the base year. Real GDP in 2012 is ______.
Business
1 answer:
Semenov [28]2 years ago
8 0
1.50*300=$450
0.5*350=$175
(175/450)*100=39%
Real GDP in 2012 is 39%
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Question #1: Assume an initial starting Ft of 300 units, a trend (Tt) of eight units, an alpha of 0.30, and a delta of 0.40. If
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The forecast for the next period is 307.6 units

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Answer:

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