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Rashaan P.
Honors Student and Finance and Accounting Major at Indiana University
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Basic Math
TutorMe
Question:

Solve for "x": 2x-9=1

Rashaan P.
Answer:

5. Rearrange the equation so "2x" is by itself - add 9 to both sides. 2x = 10. Then divide both sides by 2 to get "x". x = 5

Microeconomics
TutorMe
Question:

Given a perfectly inelastic demand curve and and a rightward shift in demand, what can you expect to happen to the quantity demanded?

Rashaan P.
Answer:

Since demand is perfectly inelastic, then there would be no change to the quantity demanded. The demand curve is a vertical line.

Macroeconomics
TutorMe
Question:

Given nominal GDP and the price index, how would you calculate real GDP?

Rashaan P.
Answer:

(Nominal GDP / Price Index)*100

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