Question

Confusing questions!

Answer 1

1. During the early years of the Great Depression of the 1930s, average
prices fell in the United States. If the average price level in a particular year fell
by 10 percent, by how much would nominal GDP have to decline for real GDP
to decline?

2.Management Explain why the managers of a home construction business
would be more concerned with the business cycle than would the owners of a
dairy.

Answer 2

for the first -> http://books.google.com/books?id=P7buQMYki5IC&pg=PT361&lpg=PT361&dq=During+the+early+years+of+the+Great+Depression+of+the+1930s,+average+prices+fell+in+the+United+States.+If+the+average+price+level+in+a+particular+year+fell+by+10+percent,+by+how+much+would+nominal+GDP+have+to+decline+for+real+GDP+to+decline?&source=bl&ots=ImNiGxEIY0&sig=bo3OUJpqPCgR2YVlvIC3wcHMJBw&hl=en&sa=X&ei=mTDOUtHYJ_fJsQS8iYGADA&ved=0CCkQ6AEwAA#v=onepage&q=During%20the%20early%20years%20of%20the%20Great%20Depression%20of%20the%201930s%2C%20average%20prices%20fell%20in%20the%20United%20States.%20If%20the%20average%20price%20level%20in%20a%20particular%20year%20fell%20by%2010%20percent%2C%20by%20how%20much%20would%20nominal%20GDP%20have%20to%20decline%20for%20real%20GDP%20to%20decline%3F&f=false

Answer 3

Lol, I read it so many times. I can't find a answer. :/

Answer 4

oh, LOL

Answer 5

lolololololololololololol