El SalvadorLithium400300AB201820171000 1200 Clothing1. Nominal GDP 2017 =2. Nominal GDP 2018=2017PL = 300Pc=153.Real GDP 2017=4.Real GDP 2018=5.Econ. Growth 2017 - 2018-6.In how many years will till its economy double in R GDP =2018PL=320Pc=18

There are two PPFs provided for the year 2017 & 2018 . PPF (Production possibility frontier )…

Answered: El Salvador Lithium 400 300 B 2018 2017…

El Salvador Lithium 400 300 B 2018 2017 1000 1200 Clothing 1. Nominal GDP 2017 = 2 Nominel CDR 2019. 2017 PL = 300 Pc=15 2018 PL=320 Pc=18

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

El Salvador
Lithium
400
300
A
B
2018
2017
1000 1200 Clothing
1. Nominal GDP 2017 =
2. Nominal GDP 2018=
2017
PL = 300
Pc=15
3.Real GDP 2017=
4.Real GDP 2018=
5.Econ. Growth 2017 - 2018-
6.In how many years will till its economy double in R GDP =
2018
PL=320
Pc=18

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