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Conduct research on the economic performance of United State of America over the last ten years from 2004 to 2013, applying the macroeconomic indicators of real GDP, real GDP growth rate, real GDP per capita, unemployment rate and inflation rate to argue whether you think the performance to be strong or weak. Discuss the performance of the economy over those ten years and provide evidence and explanations for the economic performance such as a high unemployment rate, high inflation rate and/or steady, long-term economic growth. Where appropriate, you should also explain how the policies of the government aim to achieve full employment, stable price and/or economic growth.More marks will be awarded for reports which provide more detailed discussion and indepth analysis. The essay shall be about 1,200 words (+/-10%).The essay should be presented in the following format:Introduction- Provide an overview of the USA economyProduction output performance analysis- GDP, GDP growth rate, GDP per capita analysis- Describe and explain performance trends- Government's measures to achieve the economic performanceLabour market analysis- Describe unemployment trends- Types of unemployment- Government measures to achieve full employmentPrice level analysis- Describe the inflation trend- Causes of inflation- Government measures to achieve stable priceConclusion- Summary of key highlights of discussionAll sources referred to in the essay, including diagrams, must be referenced to intext and be included in a full reference list at the end of this assignment, according to the APA system of referencing.
Draw the daily budget constraint without any program participation for the single parent described above. On the same graph, draw the daily budget constraint under The Texas Family Assistance Program for the single parent described above.
There are many factors might change AD and AS, and equilibrium. Please evaluate the effect of following scenario on the AD curve, AS curve, and accordingly the effect on equilibrium price level and equilibrium GDP/output.
Suppose two identical firms produce widgets and they are the only firms in the market. Find out the Stackleberg Equilibrium.
Describe economic terms and concepts and describe your reasoning leading from concepts in question to the final answer.
Utilizing the data, construct limits for x- and R-charts. Explain the process in control. Illustrate what other steps should the QC department follow at this point.
Assume a firm has just introduced a new line of ceramic insulators for which it has received patent protection, effectively granting the company monopoly status in the industry.
Joan is deciding where to spend her spring break. If she goes to Cancun, Mexico, the trip will give her 9,000 utils of satisfaction and will cost her $300. If, instead, she travels to Florida, the trip will give her 5,000 utils of pleasure and w..
Roi resources currently have an unused gold mine. Mine was shut down four years ago due to depressed price of gold. However ROI are considering re-opening the mine.
You are looking to install a new solar energy system for your house (for heating, air conditioning, and hot water). The cost of the system is $14,000 and the annual savings in electricity for this system today is $2500. This system has a lifespan ..
Calculate the cross-price elasticity for the following goods. Are they complements or substitutes?
You will be asked to collect five (5) newspaper articles relating to subjects we are covering in the class. As we cover the various chapters you should be actively searching newspapers/magazines to find articles.
Illustrate what happens to the AFC per paper, the MC per paper, and the minimum amount that you must charge to break even on these costs.
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