Find the Decimal Equivalent for Each of the Following Binary $11001011 _ { 2 }$

question 8

Short Answer

Find the decimal equivalent for each of the following binary numbers.
- $11001011 _ { 2 }$

---

Definitions:

Classical Dichotomy

The theoretical separation of real and nominal variables in economics, suggesting that nominal variables (like the money supply) do not affect real variables (like real GDP).

Labor Supply

Labor supply refers to the total hours that workers are willing and able to work at a given wage rate in an economy.

Short-Run Aggregate-Supply Curve

A graphical representation that shows the relationship between the total production of goods and services and the price level in the short run.

Aggregate Demand

Aggregate requirement for all types of goods and services across an economy at differing levels of prices, during a specified period.