Limitations as an effective measure

Assignment Help Macroeconomics
Reference no: EM13819772

Writing the Research essaY

which appropriate 1000 words.

Question :

Outline the limitations of real GDP per capita as a measure of the standard of living and a measure of welfare.
 •Indicate better measures and suggest how one of these overcomes these limitations as an effective measure. Requirement : The essay should write step by step, which is writing about "outline the limitation GDP . . . . " first then write "Indicate better measures and suggest how one...... ". respectively

  1. Words count about 1000 words

The research should be

  • use economic data
  • apply economic terms and economic theory
  • Present a sustained, logical and well-structured answer to the question.
  • Provide academic sources, journal articles, Reserve bank, Australian treasury or economic journals, which minimum 4 sources.
  • Also can use the textbook which is in the attachment file
  • Harvard style for reference list and in-text reference

Reference no: EM13819772

Questions Cloud

Calculate the value x and y : The inverse of a function is f^-1(x)=3x-9. determine 12f(x). x;4;y forms an arithmetic sequence and x;square of 15;y a geometric sequence. calculate the value x and y
What is the annual incidence rate of stroke in women : What is the expected CD4 count for a patient taking supplements who has had HIV for 2.5 years? Whatis the expected CD4 count for a patient not taking the supplements who was diagnosed with HIV at study enrollment? What is the expected CD4 count for a..
Keynesian ad curve differs from the classical ad curve : QUESTION  The Keynesian AD curve differs from the classical AD curve in that:
Limitations as an effective measure : Indicate better measures and suggest how one of these overcomes these limitations as an effective measure. Requirement : The essay should write step by step, which is writing about "outline the limitation GDP . . . . " first then write "Indicate bett..
Determine the solution for this reformulated model : In the diet example in this chapter, what would be the effect on the optimal solution of increasing the minimum calorie requirement for the breakfast to 500 calories? To 600 calories? Increase the breakfast calorie requirement to 700 calories and ref..
Draw the effects of a recession caused by a decrease : Use the (Keynesian) AD-AS model to answer the following questions.Draw the effects of a recession caused by a decrease in aggregate demand.  For simiplicity, assume that your economy starts at general equilibrium.  Label your graph carefully.
Should ray try to increase his budget for purchasing bikes : Should Ray try to increase his budget for purchasing bikes, increase space to stock bikes, or increase labor hours to ensemble bikes? why? If ray hired an additional worker for 30 hours at $10 per hour, how much additional profit would he make, if an..
Briefly describe one way the us financial markets impact : Briefly describe one way the U.S. financial markets impact the economy, one way the U.S. financial markets impact businesses, and one way the U.S. financial markets impact individuals.

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