Describe pattern for us economy

Assignment Help Macroeconomics
Reference no: EM131063630

An economy starts off with a per capita GDP of 16,000 euros.

Use the above scenario to answer questions 1 - 3. .

1. How large will the per capita GDP be if it grows at an annual rate of 3% for 10 years?

2. How large will the per capita GDP be if it grows at an annual rate of  3% for 30 years?

3. How large will the per capita GDP be if it grows at an annual rate of  6% for 30 years?

4. If the unemployment rate is 6 percent and the number of persons unemployed is 6 million, calculate the number of people employed. Please show your work.

5. An analyst needs to adjust the nominal GDP for the years 2000 and 2010 into real terms to conclude his comparison analysis. The nominal GDP in 2000 was $672 billion and $1,690 billion for 2010; the real interest rate was 6.79% in 2000 and 3.71% in 2010; the 2000 deflator was 24 and 51 in 2010. Calculate the real gain?(Please show your work)

6. Briefly describe the pattern for the U.S, economy with respect to its current account balance from the 1950s up to and including 2015.

Reference no: EM131063630

Questions Cloud

Required return over firm weighted average cost of capital : Tucker Inc. makes home kitchen and bathroom faucets. The company was founded 50 years ago by Joseph Tucker and his granddaughter Jill is now chief financial officer. Senior management is contemplating starting a new line of faucets designed specifica..
Federal tax depreciation exceeds the depreciation : For the current year, the Beech Corporation has net income on its books of $60,000, including the following items: Net capital losses $15,000 Federal income tax expense $25,000 Federal tax depreciation exceeds the depreciation deducted on the book..
Cost advantage of long-term debt in firm capital structure : The cost advantage of long-term debt in a firm's capital structure is due to the fact that ________. A. the equity holders are the true owners of the firm B. equity capital has a fixed return C. interest payments are tax-deductible D. equity holders ..
Describe pattern for us economy : Briefly describe the pattern for the U.S, economy with respect to its current account balance from the 1950s up to and including 2015.
Evaluating two different silicon wafer milling machines : You are evaluating two different silicon wafer milling machines. The Techron I costs $219,000, has a three-year life, and has pretax operating costs of $56,000 per year. use straight-line depreciation to zero over the project’s life and assume a salv..
Firm has a current capital structure consisting : A firm has a current capital structure consisting of $500,000 of 14 percent annual interest debt and 80,000 shares of common stock. The firm's tax rate is 40 percent on ordinary income.
What is the amount to use as the annual sales figure : Winnebagel Corp. currently sells 21,000 motor homes per year at $59,000 each, and 7,500 luxury motor coaches per year at $96,000 each. The company wants to introduce a new portable camper to fill out its product line; What is the amount to use as the..
A case study of nikon dslr-d750 : Marketing Design and Innovation- A case study of Nikon DSLR- D750, Camera has become one of the important gadgets with the evolution of technology. Todays, camera is better with larger sensor in low light irrespective of the environment, as modern DS..

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!

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