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www.bea.gov/index.htm
Based on the information contained on the website above, answer the following questions:
1. What was Real GDP for 2009?What does GDP tell us?How did GDP change from 2008?What caused these changes?
2. What was GNP for 2009?What is the difference between GDP and GNP?How did GNP change from 2008?What caused these changes?
3. What was National Income (NI) for 2009?What does National Income tell us?What is the difference between GNP and NI?How did NI change from 2008?What caused these changes?
4. What was Disposable Income (DI) for 2009?What does Disposable Income consist of?How did DI change from 2008?What caused these changes?
5. What was GDP in 2008 (sometimes called GSP) for your state?
When the United States placed a tariff on steel imports in 2002, foreign producers naturally complained, but there were also complaints from U.S. firms operating in other industries. Why would other types of firms strongly object to the tarriffs on U..
During 2003, we began to stop worrying that inflation was a problem. Instead, we began to worry about deflation, a decline in the price level.Assume that the Fed decided to hold the money supply constant.What impact would deflation have on interest r..
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases.
Describe how the quote “declining dollar, while boosting US exports, is adding to inflation pressure as goods priced in foreign currencies become relatively more expensive” relate to the aggregate demand-aggregate supply model.
1. the demand and supply curves for health care services are given by the following functionsd20000-2p where d is the
you are cultivating a strain of e. coli for research and inoculate a flask of rich media with 50 cells. assuming an
assume that demand for a commodity is represented by the equation p 10 - 0.2 q d and supply by the equation p 2 0.2
What is a budget constraint? How does a budget constraint explain consumer choices when used in conjunction with indifference curves?
3.Describe the monetary policy tools the Federal Reserve uses to stabilize the economy and maintain price stability. 4.Based on the information you researched from Federal Reserve publications, present
Once it is describe to be elastic or inelastic, explain how do you come to that conclusion.
Illustrate to what extent is Walmart's financial health affected by fiscal also monetary policy.
Ilulustrate what incentives are needed for business to adopt new technology.
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