Suppose that solar panel and electric car are the only two goods produced in an economy. The following table gives the quantity of each produced (in millions) and their price in the years 2019 and 2020: 2019 2020 Price Solar Panel 300 400 Quantity Solar Panel 10 7 Price Electric Car 300 250 Quantity Electric Car 10 16 a. What is the real GDP growth rate in 2020 when using 2020 price level? b. Why do you think that economists are more interested in real GDP growth rather than nominal GDP growth? c. Given your answer in part a, did the real GDP per capita increase, decrease or stay the same if the population grew at 5 % between 2019 and 2020? (Do not calculate GDP again)

American and Chinese economies in terms of using global, ethical, political, physical, and societal indicators.

Why a cashless society are risks over opportunities? How does it destroy people's daily life?

How does health, wealth, and happiness of an economy might tie into the business world or be important to know from a business perspective?

could you explain step 2 more thoroughly please

e EconomicsOfEnvironment Q. Search in Document Home Insert Draw Design Layout References Mailings Review View + Share a Times New R... , 12 A- Aa AaBbCcDdE AaBbCcDdE AaBbCeDdE AaBbCcDdE AaBb AaBbCcDdEe AaBbCcDdEe AaBbCcDdEe AgBbCcDdEe AaBbCcDdEe AaBbCcDdEe AaBbCcDdEe AABBCCDDEE U - abe X. Normal Subtle Emph.. Styles Pane Paste B A Heading 1 No Spacing Heading 2 Title Subtitle Emphasis Intense Emp. Strong Quote Intense Quote Subtle Refer. Sensitivity 6 7 9. It's this question. The one where you're asked to find the areas and stuff. It's just like the question from the homework and most of the recent final exams. Here's the diagram: $ $400 MAC MD $240 $0 Tons of Emissions 80 120 A. If there's an emission fee that results in the optimal level of emissions, what will be the total amount of the fees paid? B. What's the total value of the damage done at the optimal level of emissions, and how does that compare to the fees paid? Does that seem right? C. What is the total abatement cost at the…

What is the best answer between b and c?