Effects of economic measurements have on an economy


Assignment:

Now, it is time for you to test your knowledge of key economic indicators and the effects of economic measurements have on an economy.

The purpose of this assignment is to investigate and to gauge your understanding of key economic indicators by filling out the figure one (1) below and to write up your findings and compare and contrast the United States to that of China.

Country                                           United States                      China

____________________________l______________________l___________

Gross Domestic Product (GDP)  

GDP per Capita

Durable and Non-Durable Goods

Retail Sales

Housing Starts

Unemployment Rate

Inflation Rates

Population

Median Household Average Income

Human Development Index (HDI)

Trade Deficit or Trade Surplus (In millions of dollars)

Figure: Compare and Contrast the United States to that of China

Assignment should include the following:

  • Title page
  • Introductory paragraph
  • Completed table inserted into your Word document
  • Summary of the United States and China
  • Summary must be at least 250-words or more in length
  • Conclusion to summarize your findings, an
  • Reference page (Reference page must be at the end of your paper and on a separate page).

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Microeconomics: Effects of economic measurements have on an economy
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