Comparison of u.s. economy with other economies

Assignment Help Microeconomics
Reference no: EM13173380

Comparison of U.S. Economy with Other Economies

Choose three countries that are considered as High Income Countries,and three countries that are considered as Middle Income Countries, and three countries that are considered as Low Income Countries.The United States should be one of the High Income Countriesas you choose.

For each of the nine countries selected, find the following data:

o Real GDP per person

o Adult literacy rate (total)

o Life expectancy at birth (total)

o Infant mortality rate (per 1,000 live births)

o Physicians (per 1,000 people)

o Income share held by the highest 10% of the population

o Income share held by the lowest 10% of the population

After collating the required data, answer the following questions:

What was the level of inflation during the time period relative to the history of inflation in the United States? What were the driving factors behind this trend?

How does United States compare to the other two countries you chose in the high-income group, middle-income group, and low-income group?

Reference no: EM13173380

Questions Cloud

Define natural monopolies : Which of the following have traditionally been considered natural monopolies? Public universities, Public golf courses, public parks,public utilities
State what is the mole fraction of each componet in solution : what is the mole fraction of each componet in solution? ethanol, methanol, water.
State the fission products that causes major concern : What percentage of the Sr-90 that was formed in the detonation of the first fission bombs in August 1945 is still present in the environment in August 2032?
Compute the binding energy per nucleon : Calculate the binding energy per nucleon (in MeV) for P-32 (atomic mass = 31.9739 u). mass H = 1.007825 u and mass n = 1.008665 u.
Comparison of u.s. economy with other economies : What was the level of inflation during the time period relative to the history of inflation in the United States? What were the driving factors behind this trend?
State the same retention but different selectivity : the same retention but different selectivity as what precentage of mixtures for acetonitrile/water and tetrahydrofuran/water?
State closest to the concentration of the original srcl2 : If the final solution has a chloride ion concentration of 1.80M which choice is closest to the concentration of the original SrCl2 solution?
State car manufacturers are developing engines : Car manufacturers are developing engines that use H2 as fuel. In locations where hydroelectric plants produce inexpensive electric power, the H2 can be made industrially by the electrolysis of water.
State and construct target electrochemical cell : Describe how you would construct your target electrochemical cell, including the identities and concentrations of all chemical species, as well as a diagram of the setup.

Reviews

Write a Review

Microeconomics Questions & Answers

  What is the impact on the underground economy

What is the underground economy? What is the impact on the underground economy of instituting a tax on a certain productive activity?

  Capstone paper assignment

The paper will involve examining a situation through the lens of the three-legged stool that your authors are developing.

  Estimate the coefficints of the non-linear regression

Estimate the b coefficints of the non-linear regression and do a statistical analysis of the coefficients and what is the implication of the non-liniear regerssion to MPC?

  Determining optimal production level

What is the Marginal Cost? What is the Average Cost? What is the optimal production level where production costs are the lowest per unit?

  Organization in concept and practice

In some ways monitoring is easier in a partnership than a corporation, where shareholders monitor directors. In what ways is monitoring easier? In what ways is it not?

  Economic effect of price floors

Assume the government sets an effective price floor in market for oranges and agrees to buy all oranges that go unsold at that price. The oranges bought by the government are discarded.

  System breaks down for higher-level positions

Discuss how organizational architecture and corporate culture are related. Use an example of a real-life firm and discuss how its corporate culture blends with its organizational architecture.

  Relationship between short-run and long-run costs

What fraction of its oil consumption does it have to import and is it strange that even though the country is a net importer of petroleum, it exports some petroleum too?

  Explain the demand curve facing each firm

Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Determining deadweight loss

A small town is served by many competing supermarkets, which have constant marginal cost. Using the diagram of market for groceries, show the consumer surplus, producer surplus, and total surplus.

  Question about nyse euronext and the nasdaq

Suppose you have been asked to make a report for a group of new stock brokers about NYSE-Euronext and the NASDAQ.

  What is the marginal cost of hiring a worker

What is the marginal revenue for hiring a worker for the 1 st hour? For the 2 nd hour and determine how many hours Eva should extend her bakery's hours of operations.

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!

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