Question

The gdp of uae is what fraction of gdp of the uk for the decade (approximately) ?

Answer 1

Answer:

The demand for good rises by 20 % as a result of fall in its price its price of elasticity of demand is -0.8. calculate the percentage fall in price..... plz plz solve my numerical it is necessary for mee.... first answer I will mark as brainliest..

Answer 2

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0.8

know more :-

GDP stands for Gross Domestic Product.

• It is the sum total of all final goods and services produced in a country during a particular year. It shows how big the economy is.

GDP = C + I + G + (X – M)

where

• C = private consumption
• I = gross investment
• G = government investment + government spending
• X = exports
• M = imports