Re: Points of discontinuity (holes and vertical asymtotes)

Posted by Econenthusiast on Dec 17, 2017; 8:55am
URL: http://discussion-forum.276.s1.nabble.com/Points-of-discontinuity-holes-and-vertical-asymtotes-tp7608497p7608540.html

Growth in nom income = 70 percent
growth in prices = 80 percent ( 150 x 120/100 = 180/100)

Growth in real income = Growth in nom income - growth in prices = 70 - 80 = -10 percent