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"GDP" Please respond to the following:
• In view of the weak economy of the last several years, explain which of the four components of GDP had, or is having, the greatest positive impact in our economy. Use the following historical tables to support your response.
o Go to the Bureau of Economic Analysis at www.bea.gov Navigate on the home page to where it states "National," then select "Gross Domestic Product". Next, select "GDP and the National Income and Product Account (NIPA) Historical Tables". The direct Web address ishttps://bea.gov/national/index.htm#gdp
Which of the following policy combinations were used by the government during the financial crisis of 2007-2009 in the U.S.?
Mastering the economic way of consideting means learning to reason in terms of supply and demand. Here are additional questions on which you can practice.
The company articles of incorporation and state laws place no restriction on the sale of stock to outsiders. An unexpected opportunity to expand arises that will require an additional investment of 14 million.
Utilizing free markets and the price system always results in a more efficient resource allocation than central planning. Just look at what happened in Eastern Europe.
the classical economists held that the rate of interest would equate planned investment and planned saving so that all
They say money can't buy happiness, but is a society likely to be happier if people have nicer homes, better cars, more entertainment and health care and other services. Of course, there's more to life than material goods. What are some other li..
Why are economists concerned about the understanding or overstating potential GDP and what factors might have led potential GDP to rise in the late 1990s?
If a country imports more than it exports, describe three methods that residents of that country have to pay for the extra imports from foreign producers (i.e. changing ownership of assets or liabilities).
Which of the followings tends to occur during recessions Cyclical unemployment tends to fall The stock markets tends to surge (experience a rapid rise in prices) Interest rates tend to fall Gross Domestic Product rises Consumer ..
economists sometimes use concentration ratios to evaluate whether industries are oligopolies. In this application, you will make your own determination using the most recent data available. You will also discuss the merits and disadvantages of oligop..
Discuss briefly what you think the way in which the HDI is constructed. (Briefly means no more than five lines of text. Excesses are severely penalised.)
Find the equilibrium price and quantity (2) Find the price elastic of demand and the price elasticity of supply at the equilibrium in part (1) (3) What are the consumer surplus, producer surplus, and total welfare at the market equilibrium calculated..
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