Why gdp is expected to grow

Assignment Help Business Economics
Reference no: EM133079628

1: Economic growth is a long-run issue. Discuss your (or a person's) personal long-run issue. Note that there is no right or wrong answer, but you have to demonstrate that you understand the sense of long-run in macroeconomics and you can apply the sense of long-run to your (or a person's) personal life.

2: Discuss in complete sentences why GDP is expected to grow 6% in 2021, much higher than previous years. Explain your answer in complete sentences based on the pandemic.

Reference no: EM133079628

Questions Cloud

What are the reasons for drug shortages in canada : You are a data scientist who works with a team of Health Canada inspectors and compliance and enforcement specialists. Health Canada must dedicate compliance an
Disparity in healthcare exposed by the covid-19 virus : Erlanger hospital is a safety net hospital in Chattanooga TN. that takes all patients regardless of ability to pay. Hospital Care of America HCA
What does variation of contract mean : The following legal issues have been identified in Gilbert Steel. You must prepare your argument for and against the Plaintiff using your understanding of how t
What is her gross pay for the month of July : During the month of July, Lawrin sold two houses totaling $437,780. What is her gross pay for the month of July
Why gdp is expected to grow : 1: Economic growth is a long-run issue. Discuss your (or a person's) personal long-run issue. Note that there is no right or wrong answer, but you have to demon
Competency development for framing consideration : Why is digital photography taken as an example of competency development for framing consideration?
What is the NPV for the optimistic scenario : A 6-year project has sales of 2,000 units, + or - 4%. The variable cost per unit is $8, and the fixed costs are $9,800. What is the NPV for optimistic scenario
How education and training can prepare students : Evaluate using three journal articles how education and training can prepare students to live in Society 5.0
Find standard deviation of the distribution : Dick Hoover, owner of Modern Office Equipment, is concerned about freight costs and clerical costs incurred on small orders. In an effort to reduce expenditures

Reviews

Write a Review

Business Economics Questions & Answers

  What are the three types of mergers that firms can do

What are the three types of mergers that firms can do? Classify the following possible mergers between Starbucks and coffee growers, Bank of America and Fleet Bank, Microsoft and Steel company, Home Depot and Lowe's, into one of the three types. Expl..

  Competitive strategies of an organization

You will apply important microeconomics concepts toward the competitive strategies of an organization that operates in an industry of your choice. You will evaluate the differences between market structures and identify a group of competitive stra..

  Nominal value in one year to equal the same purchasing power

How you would adjust a nominal value in one year to equal the same purchasing power in a nominal value for another year. Explain why anyone would ever want to do this.

  Calculate the change in saving

Consider the economy described in lecture 3 (a closed economy, the factors of produc- tion are in fixed supply and fully used

  Projects is consistent with the goal of the firm

Adopting NPV>0 projects is in the set of things that we know matter. Give a careful explanation as to why adopting NPV>0 projects is consistent with the goal of the firm.

  Utility subject to the budget constraint

Carl has a utility function U(x, y) = 2xy + 1. Maximize his utility subject to the budget constraint and derive his demand functions for x and y.

  Difficult time accepting feedback from others

Why do we have a difficult time accepting feedback from others? Are there certain people we are more likely to accept feedback from? Why do you think this is?

  Lean is essentially trimming the fat of an organization

"Lean is essentially trimming the fat of an organization. There shouldn't be wasteful operations occurring in any industry and the service industry is no different. There is no point in buying supplies that will never be used, so suppliers need to be..

  Property of diminishing marginal product

Which of the following possibilities is consistent with the property of diminishing marginal product.

  Changes in real GDP regects similar change in economic

Briefly explain how each of the following events is likely to affect real GDP. Do you think the changes in real GDP rejects a similar change in economic well-beings? A hurricane in Ontario forces Canada's Wonderland to shut down for a month.

  Cost of delay

The cost of delay is an important expense to consider when redesigning a procedure. In addition, there is uncertainty in identifying future needs and new procedure that the space will need too accommodate.

  Confidence interval for the mean weight of the cereal boxes

A sample of 30 boxes of Fruit Loops was chosen and each box was weighed. The mean weight of the sample was 22 ounces with a sample deviation of 0.4 ounces.

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