5 key pieces of data, Macroeconomics

Assignment Help:

Review the Federal Reserve Board website. Identify at least five key pieces of data (links) you would use in microeconomic decision making on the Web site, and tell what data that link provides to economists and for what it may be used.

1. Why do national income accountants compare the market value of the total outputs in various years rather than actual physical volumes of production?

2. What problem is posed by any comparison over time of the market values of various total outputs?

3. How is this problem resolved?


Related Discussions:- 5 key pieces of data

Product of demand curve, The demand curve for product X is given by QXd = 3...

The demand curve for product X is given by QXd = 340 - 4PX.\ a) How much consumer surplus do consumers receive when Px = $45? b) How much consumer surplus do consumers receiv

Credit creation, Deposit K4000, liquid asset k1000, loans K4000. what is cu...

Deposit K4000, liquid asset k1000, loans K4000. what is current liquid asset?

Social cohesion and increase the scope, "International bodies such as the a...

"International bodies such as the aced argue that more unequal income and wealth distribution erode social cohesion and increase the scope for internal conflict."

Solow growth model, graph the central equation of the solow model. argue th...

graph the central equation of the solow model. argue that a steady state exists and that the economy will converge to this point from any initial starting capital stock

Major economic indicators, A. What are the major differences between capita...

A. What are the major differences between capitalism, communism, and socialism? B. Discuss the three major economic indicators and how they are indicative of our current economi

Trade-fdi nexus, Trade-FDI Nexus: Economic liberalization promotes bot...

Trade-FDI Nexus: Economic liberalization promotes both trade and FDI. FDI could be export-promoting, import substituting or import enhancing depending upon supply and demand f

Illustrate the policy - beggar my neighbour, Illustrate the policy - Beggar...

Illustrate the policy - Beggar my neighbour 'Beggar my neighbour' policies are government policies which attempt to gain a competitive benefit at the expense of other countries

Develop what you believe is a terrific idea, To develop what you believe is...

To develop what you believe is a terrific idea for a video game, you lease 50,000 square feet in an office building from Commercial Property, LLC, under a written five-year lease.

What is the different between price effect and sales effect, What is the di...

What is the different between price effect and sales effect? Both relate to Elasticity and Total Revenue: a. A price effect: After a price raise, all unit sold sells at a hi

Michaels indifference curve and dwights indifference curve, Suppose that Mi...

Suppose that Michael and Dwight each have a $60 weekly entertainment budget. They pay the same prices for two goods, "an evening reading books" (an ERB) and "an evening of beer and

Write Your Message!

Captcha
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