What are the real gdp and gdp per capita

Reference no: EM133202995

Assignment:

TASK 1: Select the foreign country. Write the name of the country selected________Already assigned__________

TASK 2: Collect recent data about the following macroeconomic-related information about your country and respond to the following questions. Identify recent trends in macroeconomic facts: economic growth, unemployment, inflation, etc.

1. Where is the country located and what is its physical size?

2. What is the population of the country? Is it a problem?

3. Who is the current head of the government?

4. What kind of an economy does it have: primarily market-based or centrally planned. -Is it a rich or poor country?

5. Is this economy growing/declining/stagnant? Support your response with facts.

6. What are the real GDP and GDP per capita? Compare this to your own country

7. Comment on the budget deficit /surplus

8. What is the unemployment rate? Is unemployment a problem in this country? If so why?

9. What are the major natural resources of the country?

10. What are the main items of exports and imports? Does the country have a trade deficit or a trade surplus? Who are the major trading partners?

11. What are the major industries and products?

12. What is the country's money called? How much of your own country's money could you get for one of this country's unit of money?

13. What is the rate of inflation/deflation? Is inflation/ deflation a problem why?

14. Is this country affected by the global economic crises?

15. Any other interesting facts: Non-Economic-social/cultural/religious/political

Note: An excellent source for current data is the CIA World Fact Book Website below.

Please refer to the WSJ, Economist, New York Times, and other Econ Websites etc.

TASK 3: Identify a recent macroeconomic news or magazine article concerning your country. In one paragraph of your own typed words, briefly summarize the significance of this article to your country's economy.

Reference no: EM133202995

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