Ec10b Spring 2015 Pset 1
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HARVARD UNIVERSITY
DEPARTMENT OF ECONOMICSECONOMICS 10b SPRING 2015
Problem Set #1
(due IN SECTION Friday, February 13th )-
Mankiw, page 503-504, #6.
- Mankiw, page 520, #5. Add:
d. Fast forward to 2016. Suppose the entries for that year were the following:
Karaoke Machines CDs
Quantity Price Quantity Price
2016 10 80 50 15
Compute nominal and real GDP in this small nation for 2016, again assuming that
2014 is the base...Comments (0)
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