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Discussion Topic - Gross Domestic Product
In a summary, address the following items:
Describe what gross domestic product is and how it is measured. There are several transactions that are excluded from measuring GDP such as financial transactions, second-hand goods, etc
Explain what these excluded transactions are and why they are excluded.
Select one of these excluded transactions and give your thoughts on how GDP would currently change if that item were included.
In an attempt to reduce poaching of elephant ivory tusks, officials in Kenya burned illegally gathered ivory. Using your understang of shifts in supply and demand, will this turn out to be a helpful or hurtful move on the Kenyan government's part
If the deflation continued for a number of years would the mortgage company benefit? Why or why not? What would happen to the economy as a whole?
Suppose the present market conditions of Microsoft Corporation.
In regards to commodity chains, does microsoft exhibit backward or forward integration That is, has it bought its suppliers or does it buy from independent producers (As far as forward integration goes, i do not think that it fits).
Elucidate how the steepness of the short run aggregate supply curve affects the government's ability to use fiscal policy to change real GDP.
You want to invest in a hot dog stand near the ballpark. You have 0.35 proability that you can turn your currnt $15,000 into $50,000 and a 0.65 probability that fierce completion will drive you to ruin losing all your money. If you decide not to e..
Use an AD-AS diagram (draw and scan or create on your computer) to show the short run and long run effects of using the policy you chose.
Collect an article from an Australian newspaper that relates to the current Australian macro-economy or a macroeconomic issue or problem. In a paragraph indicate which section of the course it applies to, why you selected the article and provide a br..
Mr. Shanku has borrowed dollars in the US but is now concerned regarding its currency risk. What alternatives does he have to limit his risk.
Suppose that the interest rate is 5%. Which of the following statements are true and which are false?
Identify two instances in the case study in which employees at Goodrich succumbed to the pressures of conformity. Consider the level at which both groupthink and diffusion of responsibility affected the actions of those involved in the A7D affair,..
suppose an economy is characterized by the standard cobb douglas production function in per capita terms yak ?? h 1-??.
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