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Why do economists change current dollars into consant dollars to compare the purchasing power of min wage over time?
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If economists calculate the GDP for 2009 using current prices of year 2009 what are they estimating?
nominal GDP
Is the US officially in a recession?
There is no universally recognized definition of 'recession.' Most (but not all) economists would agree that the current economic situation is at least a recession.
Give the current dollar figure for GDP?
The US' GDP is $15,094,025,000,000 for both Nominal and Purchasing Power. This the largest of any country.
Inflation-adjusted value of 1 Dollar from 1978?
Follow this link to an inflation calculator provided by the Bureau of Labor Statistics, which will provide the current purchasing power of any dollar amount from any time in the past (since 1913): http://data.bls.gov/cgi-bin/cpicalc.pl
How does the current economic state compare to the Great Depression?
Back then. Most people used newspapers as blankets, often called Hoover Blankets. Most people couldn't even afford milk and other simple things. On a scale from 1 - 10(1 being the worst), the Great Depression scaled possibly a 1, and our current economic state, about a 6.
Why do economists change current dollars into constant dollars and how does that relate to the purchasing power of minimum wage over time?
Well no one cares so why do you ask I'm a married women
What is the current forecast by many economists for job growth in the near future?
The current forecast by many economists for job growth in the near future is 14% from 2012 to 2022.
What is current purchasing power accounting method?
What is current purchasing power accounting method
We are reading A Christmas Carol and knowing the value of coins would aide my students' understanding of the story. What was the value of various British coins in 1843 or in Charles Dicken's time?
British coins circulating in 1843 would have included the - Sovereign (One Pound) - current purchasing power about £74.72 GBP Half-Sovereign (Ten Shillings) - current purchasing power about £37.36 GBP Crown (Five Shillings) - current purchasing power about £18.68 GBP Halfcrown - current purchasing power about £9.34 GBP Shilling - current purchasing power about £3.73 GBP Sixpence - current purchasing power about £1.86 GBP Groat (Fourpence) - current purchasing power about £1.24 GBP Threepence - current purchasing power about £0.94 GBP Twopence - current purchasing power about £0.62 GBP Penny - current purchasing power about £0.31 GBP Halfpenny - current purchasing power about £0.15 GBP Farthing - current purchasing power about £0.07 GBP Half-Farthing - current purchasing power about £0.04 GBP NOTE - These historical currency conversions are the result of many calculations and considerations by a purpose designed program on a weighted index and todays currency exchange rates. The resulting values should only be regarded as an approximation.
How the dc current shunt motor change from no load to full load efficiency?
decrease in starting and running torque and speed is almost constant from no load to full load. it's because the field voltage is consant and current is varied.
How does the Renault Clio compare in terms of money to other cars similar to it in the current economy?
The Renault Clio is considered one of the most fuel-efficient small cars available. In the current economy, purchasing a Renault Clio will save many individuals money.
. If economists calculate the GDP for 2009 using current prices of year 2009 what are they estimating?
nominal GDP
If economists calculate the GDP for 2009 using current prices of year 2009 what are they estimating?
nominal GDP
What are the four common uses of comparative data?
There are four main ways in which to use comparative data for your organization. · Compare current expenses to current budget. · Compare current actual expenses to prior periods in your organization. · Compare your location to other organizations. · Compare your facility to industry standards.
Where can one compare mortgage loans to their current deal?
One can compare mortgage loans to their current deal by using comparison websites that are available online. One could also speak with a housing agency to compare with them.
How does the measured current compare?
it should have the same particles
What current presidential candidate does Jackson compare to?
Hewwit
