What was real gdp for 2009

Assignment Help Macroeconomics
Reference no: EM13772754

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?

Reference no: EM13772754

Questions Cloud

Might limit the effectiveness of storage protection : Describe residual data and how it might limit the effectiveness of storage protection/encryption approaches.
Times interest earned ratio-accounts receivable turnover : Use the following information from the current year financial statements of a company to calculate the ratios below- Accounts receivable turnover. Times interest earned ratio. Divided yield ratio. Earnings per share.
Problems associated with the landfills : Discuss any two commonly used electronics and how to reuse or recycle as an attempt to reduce the E-waste.
Would that be a live acquisition, or a postmortem one : Consider a local area network, attached to the Internet, with email capabilities provided to LAN users. What are some of the capabilities already built in to these systems that might aid the investigator? How might you put those to use? Would that be..
What was real gdp for 2009 : What was Real GDP for 2009? What does GDP tell us? How did GDP change from 2008? What caused these changes
Roman architectural structures : What happened to many Roman architectural structures during the Middle Ages?
Weatherization service provider : A home's backyard is 20 feet by 15 feet. What are its perimeter and area? If a boat has a sail that is 30 feet long and 60 feet high, what is the hypotenuse of the sail?
What are the empirical and theoretical flaws : What are the empirical and theoretical flaws that Kapur exposes in the narrative of human rights progress? Can you think of additional flaws? Can you think of any responses to the flaws that she identifies
Write a paper on differences between men and women : Write a paper on Differences between Men and Women.

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