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If your real GDP in 1973 was 4342 Billion in 2000 prices and your real GDP in 2000 was 9817 billion what is the total percentage increase from 1973 to 2000?
Wiki User
∙ 11y ago
126.094% increase.
Wiki User
∙ 11y ago
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What is GDP of Croatia?
$63.03 Billion US dollars at current prices - 2009
What are the annual GNP of the Philippines?
Gross National Product from 2003 to 2009(In million pesos : at constant 1985 prices)YearGNP20031,171,43120041,252,33120051,320,00020061,391,28920071,495,58920081,587,79720091,634,682
Does increase in money supply always lead to proportional increase in prices?
An increase in money supply leading to an equal increase in prices is referred to as the "Quantity Theory of Money". To explain this theory, we first need to define the "velocity of circulation" and the "equation of exchange". The velocity of circulation is the average number of times a dollar of money is used annually to buy GDP. But GDP equals the price level (P) multiplied by real GDP (Y). that is: GDP = PY. Call the quantity of money M. The velocity of circulation, V, is determined by the equation V = PY/M For example, if GDP is $900 billion (PY = $900 billion) and the quantity of money is $225, the velocty of circulation is 4. ($900billion divided by $225 billion equals 4). The equation of exchange states that the quantity of money (M) multiplied by the velocity of circulation (V) equals GDP, or MV = PY This equation is always true - it is true by definition. With M equal to $225 billion, and V equal to 4, MV is equal to $900 billion, the value of GDP. In this case, the equation of exchange tells us that a change in quantity of money brings about an equal change in the price level. You can see why by testing the equation by increasing the supply of money and price level by the same amount - the equation holds true.
What is that inflation?
Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service.
What was not a consequence of the plague anti-semitism decline in trade increase in food prices increase in the price of labor?
Increase in food prices
How much did the war cost during Vietnam?
Today's prices; $700 Billion.
What are the prices for silver nuggets?
rather alot around billion a gram in Zimbabwe
What is GDP of Croatia?
$63.03 Billion US dollars at current prices - 2009
What are the annual GNP of the Philippines?
Gross National Product from 2003 to 2009(In million pesos : at constant 1985 prices)YearGNP20031,171,43120041,252,33120051,320,00020061,391,28920071,495,58920081,587,79720091,634,682
What is the gross national product of Honduras?
Honduras' GDP is USD 18.88 billion at nominal exchange rate; at Purchase Power Parity (PPP) prices, it would be USD 39.23 billion (2013 est.)
How much money did US spent on Vietnam?
the US spend 140 billion Dollars on the Vietnam war
How much money does coca-cola earn a year?
Pepsico is spending 1.1 billion / 1.3 billion dollars in advertising. However, Pepsico CEO Indra Nooyi said: "the company's $1.3 billion annual advertising budget would be put into Pepsi's savings account, spread among various charitable organizations, and divvied up into generous bonuses for the company's minimum-wage factory employees.
How much electrity is generated?
139 billion dollars would buy General Electric today, based on current stock prices
GDP of Pakistan in 2008 2009?
GDP of Pakistan was estimated to be about 165 Billion US Dollar at current prices for the year 2008-09.
How much is General electric worth?
139 billion dollars would buy General Electric today, based on current stock prices
Does increase in money supply always lead to proportional increase in prices?
An increase in money supply leading to an equal increase in prices is referred to as the "Quantity Theory of Money". To explain this theory, we first need to define the "velocity of circulation" and the "equation of exchange". The velocity of circulation is the average number of times a dollar of money is used annually to buy GDP. But GDP equals the price level (P) multiplied by real GDP (Y). that is: GDP = PY. Call the quantity of money M. The velocity of circulation, V, is determined by the equation V = PY/M For example, if GDP is $900 billion (PY = $900 billion) and the quantity of money is $225, the velocty of circulation is 4. ($900billion divided by $225 billion equals 4). The equation of exchange states that the quantity of money (M) multiplied by the velocity of circulation (V) equals GDP, or MV = PY This equation is always true - it is true by definition. With M equal to $225 billion, and V equal to 4, MV is equal to $900 billion, the value of GDP. In this case, the equation of exchange tells us that a change in quantity of money brings about an equal change in the price level. You can see why by testing the equation by increasing the supply of money and price level by the same amount - the equation holds true.
How much of 1 billion cubic feet of natural gas worth?
at prevailing prices of say $4.00 per thousand cubic feet 400,000.000
