User Account

All Pages

Calculate the percentage change in real gdp

Assignment Help Macroeconomics
Reference no: EM131066214

Calculate the percentage change in GDP from 1970 to 1990, and from 1990 to 2010. Use annual GDP from bea.gov.

GDP 1970 = _________________, GDP 1990 = ____________________, % change = ___________

GDP 1990 = _________________, GDP 2010 = ____________________, % change = ___________

Calculate the percentage change in real GDP from 1970 to 1990, etc. Use annual GDP in chained dollars from bea.gov.

RGDP 1970 = _________________, RGDP 1990 = ___________________, % change = ___________

RGDP 1990 = _________________, RGDP 2010 = ___________________, % change = ___________

Calculate the implicit GDP deflator for 1970, 1990, 2010. Show how you calculated it for 1965:

Work for 1970:

Calculate the % change in the deflator:

DEFL 1970 = _________________, DEFL 1990 = ___________________, % change = ___________

DEFL 1990 = _________________, DEFL 2010 = ___________________, % change = ___________

Go to the Statistical Abstract of the United States 2012. Click on Money Stock, Interest Rates, Bond Yields. Get data on M1 for 1970, 1990, 2010 and calculate the percentage changes from 1970 to 1990 etc.

M1 1970 = _________________, M1 1990 = ___________________, % change = ___________

M1 1990 = _________________, M1 2010 = ___________________, % change = ___________

Look at Table 1198 in that same section and fill in the blanks below. Use the rate for Corporate (Moody's):

rate 1970 _____________ rate 1980 _______________ rate 1990 ________________

rate 2000 _____________ rate 2010 ________________

Note: to get the GDP data go to bea.gov. Click on "National." Click on "Interactive Tables: GDP and the National Income and Product Account (NIPA) Historical Tables." Click on "Begin using the data..." The GDPs are in Section I. You want the data in Gross Domestic Product and Real Gross Domestic Product, Chained Dollars. The implicit deflators are in Implicit Price Deflators for Gross Domestic Product. Be aware: you can get the deflators I ask for from this table, but you must calculate the deflator for 1970 using GDP and real GDP.

Reference no: EM131066214

Questions Cloud

Evaluate ßfor the alternative p= 0.9 : Evaluate ßfor the alternative p= 0.9.
Define the term business management : Define the term business management in the context of businesses taking place in the society today and direct to the point.
What is the probability of the event : what is the probability of the event that she will win first? prize?
Methods for resolving a negotiation impasse : 1. Do you think negotiations in the public sector are more or less challenging than negotiations in the private sector? Why? 2. Compare and contrast commonly used methods for resolving a negotiation impasse.
Calculate the percentage change in real gdp : Calculate the percentage change in GDP from 1970 to 1990, and from 1990 to 2010. Use annual GDP from bea.gov. Calculate the percentage change in real GDP from 1970 to 1990, etc. Use annual GDP in chained dollars from bea.gov.
Functions and forms of inventory : What are the functions and forms of inventory? What are the operational advantages and disadvantages of each one? How does this impact quantity?
Compare the power consumption of the appliances : Compare the power consumption of the appliances in actual measurements with model one -  find the parameters of a motor using measurements data.
Three-employee office-apartment management company : Imagine that you have a 3-employee office/apartment management company. They have all asked for increases in base pay. Maureen, 42, is a part-time business contracts manager and secretary; she gets $2200 a month. Buzz, 28, oversees building mainte..
Patient records accuracy and completeness : What measures are currently can be used to maximize accuracy and completeness of medical, drug and prescription records? What are the detriments of inaccurate and incomplete patient records?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd