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Why does GDP accounting only include the final value of goods and services produced? What would be the problem if intermediate products were included?
Describe the four phases of business cycles. Business cycles are dated by which federal agency? What is the difference between a recession and a depression?
Describe the three major goals of macroeconomics. How well has the United States economy performed in accomplishing these three goals in the last few years?
In your report, discuss the latest 10-year trends in both GDP and PCE. Also discuss how the trends in GDP compare with trends in PCE.
A statistician estimates that a country's population N. What is the population growth rate? Will population reach 10 million by the year 2050?
What is the equilibrium level of Y? What is the marginal propensity to consume? What increase in I is required to increase Y to 5,000?
In macroeconomics the average propensity to consume. Explain why APC will always be greater than MPC if C = 400 + 0.5Y.
Explain how the presidential candidates Donald Trump and Hillary Clinton address Obama's suggested Trans-Pacific Partnership (TPP). Minimum 150 words.
List the typical assumptions underlying the production possibilities curve (PPC), and sketch a PPC using ay two products that comes to your mind.
WHy should macroeconomist estimate a VAR for these variables and use this for forecasting? Why or why not? Can you suggest an alternative approach?
What is the equation of exchange? In the equation of exchange, if V doubled, what would happen to nominal GDP as a result?
Indicate what would happen if an expansionary government policy occurred, but its inflationary effects were smaller than they were expected to be.
In 1998 a major dispute broke out between California and the United Kingdom involving. What do you think the U.S. government should have done in Barclay's case?
Suppose now that the government runs a deficit of 3 percent of GDP, and investment and private savings remain unchanged. What must happen to foreign borrowing?
By how much lower was GDP in 1995 as a result of displaced investment, if an increase in the capital stock by 1 percent leads to a .2 percent increase in GDP?
Macroeconomics grew out of the attempts to explain the recurrent fluctuations in economic activity; that is the premise of business cycle theory.
What is the quantity of money demanded by the nation? How much is the monetary base of the nation? What is the value of the money multiplier?
Why does the peace dividend or a reversal to more military spending represent a possible shift of the production possibilities curve or a movement along it?
Evaluate recent views and evidence from three main stakeholders on the impact of mandatory sales of ethanol blended fuels on Queensland communities.
What do these sources say about project management? Write a summary of your findings and opinions on this topic, and cite your references.
What is the expected total monetary loss under 4% annual interest rate if this park is permanently closed this year?
If the underwriter requires a profit equal to 1% of the sale price, how much spread (in dollars) is necessary to cover the underwriter's cost and profit?
Analyze some of the barriers to economic growth of this country because of lacking nonrenewable resources and how the country may have overcome this limitation.
Show the impact of minimum wage on employment, unemployment and income of both sets.is the unemployment voluntary or involuntary?
What is the market equilibrium rental price per month and the market equilibrium number of apartments demanded and supplied?