Question
What are sticky wages and sticky prices: (2pts) What is a tariff, what percent of economists say tariffs are bad according to the Forbes (Click
What are sticky wages and sticky prices: (2pts)
What is a tariff, what percent of economists say tariffs are bad according to the Forbes (Click this link https://www.forbes.com/sites/timworstall/2016/12/23/100-of-economists-asked-said-import-tariffs-were-not-a-good-idea/?sh=30170e2258c7 ): (2pts)
Calculate the GDP per Capita for December 31st of the prior year. Search the internet for the GDP for Dec 31, 202X of the most current year and then find the US's population for that year as well. Show your work. (Hint: look at the notes from week 1 for how to calculate this) (4pts)
Define GDP: (4pts) The ______________ of all the ______________ ______________ and______________ produced by a ______________ i.e. within its ______________ during a given ______________ frame, usually ______________ _1 _____________ .
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