Impact of a country gross domestic product

Assignment Help Microeconomics
Reference no: EM131581054

Question: 1) Explain the importance, composition and impact of a country's Gross Domestic Product.

2) List and describe factors that contribute to economic growth.

3) Discuss why some countries have different growth rates compared to the countries.

4) Examine how inflation can affect a country's growth, position and significance.

5) Discuss how a recession can affect a country's productivity and Gross Domestic Product.

Reference no: EM131581054

Questions Cloud

Evaluate the effectiveness of the laptop : How would you evaluate the effectiveness of the Laptop after you have used it to teach a lesson.
Earnings-dividends when all other factors are held constant : Which of the following statements accurately descrives the relationship between earnings and dividends when all other factors are held constant?
How would each therapist view the problem : Compares and contrasts how a structural family therapist as opposed to an experiential family therapist would work with this family.
What are the main costs of tax avoidance : What are the main costs of tax avoidance - what is the ‘key issue' surrounding tax avoidance - What is the key issue' surrounding tax avoidance
Impact of a country gross domestic product : Discuss why some countries have different growth rates compared to the countries.
Business change comes technology change : Users resist change, but businesses require it, and with business change comes technology change. Change can also be initiated by technology itself.
Explain the characteristics of wireless lans : Explain the characteristics of wireless LANs and assess the security concerns of this technology in organizations such as universities or hospitals.
Real world examples of distributed systems : We need to list real world examples of distributed systems and then list possible attacks/vulnerabilities to these systems and their possible countermeasures?
Create a brochure : Explain the career possibilities and real world usefulness of research in psychology. Create a brochure.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  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?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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