Biggest contributor in gdp

Assignment Help Microeconomics
Reference no: EM13173374

1. Research government Web sites for the four macroeconomic indicators for the U.S. for a period of 10 years between 1970 AND present:

GDP and nominal and real

Trade Balance

Personal Income and Spending

Manufacturing and Trade Inventories and Sales

2. Analyze the findings and comment on the economic growth of the U.S. during the period selected by you. Support your findings with proper rationale and calculations, wherever necessary. In your analisis include the following:

Explanation of why you choose that period

Application of the Keynesian equation

Shares of consumption, investment, and government spending as a part of GDP. Use nominal GDP for these calculations.

Biggest contributor in GDP.

Consumer price index (CPI) and the GDP deflator using the chain-type price index for GDP.

The inflation rate.

Reference no: EM13173374

Questions Cloud

State closest to the concentration of the original srcl2 : If the final solution has a chloride ion concentration of 1.80M which choice is closest to the concentration of the original SrCl2 solution?
State car manufacturers are developing engines : Car manufacturers are developing engines that use H2 as fuel. In locations where hydroelectric plants produce inexpensive electric power, the H2 can be made industrially by the electrolysis of water.
State and construct target electrochemical cell : Describe how you would construct your target electrochemical cell, including the identities and concentrations of all chemical species, as well as a diagram of the setup.
State dental x-rays expose patients to radiation : Dental X-Rays expose patients ot about 5.0uSv of radiation. Given an RBE of 1 for X-Rays, how many micrograys of radiaion
Biggest contributor in gdp : Shares of consumption, investment, and government spending as a part of GDP. Use nominal GDP for these calculations. Biggest contributor in GDP.
Explain the basic salt sodium acetate : The basic Salt sodium acetate, CH3COONa, is completely soluble in water. What is the pOH of a 0.25 M solution of sodium acetate?
Natural monopoly owns all the natural resources : If there is a natural monopoly one firm owns all the natural resources in the production of a good, such as owning the diamond mines needed to produce diamonds.
What is the optimum economic life : The salvage value is expected to be $150,000 at anytime you sell the machine for the next several years. Your MARR is 10%. What is the optimum economic life you predict for the machine?
Define same balloon is placed in the freezer and cooled : what volume will it occupy? Assume constant pressure. Note the temperatures are given in two different units. Be sure to change each to deg K first.

Reviews

Write a Review

 

Microeconomics Questions & Answers

  Computing maximum profit and revenue

Assume that instead of maximizing profit, the firm wants to maximize total revenue. Using algebra determine the optimal output, price, profit and revenue for the firm.

  Draw a standard supply and demand diagram

Draw a standard supply and demand diagram which shows the demand for new housing units that are purchased each month, and the supply of new units built and put on the market each month.

  The arc price elasticity implied by the initial response

Calculate the arc price elasticity implied by the initial response to Z-Best's price increase and calculate the effective price reduction resulting from the coupon promotion.

  Real exchange rate and the nominal exchange rate

Differentiate the real exchange rate and the nominal exchange rate and describe two reasons why purchasing power parity does not hold for all goods and services.

  Input factors of production for long run cost

Discuss why a firm's long-run costs are minimized when it employs the mix of resources such that the ratio of all of the resources' marginal products to their wage rates are equalized. Employ a graph to illustrate.

  Discuss the henry george idea for a single tax

Discuss the Henry George idea for a single tax on real estate and why did the California State Lottery extend the payoff period from 20 years to 26 years?

  What is the short run supply curve of the individual firm

What is the short run shut down price for each firm and how does this short run shut down price differ from the long run shut down price?

  Profit maximization for perfect competition

In the competitive market at a price of $50 and cost function of C=50+5Q2 find out the maximum profit? Show how the solution was reached.

  What should he charge for good

A price discriminating monopolist produces two products that exhibit the following price elasticities of demand and does anybody can have a dominant strategy? Explain.

  Estimate the total expenditure as present value

Three fans are to be installed at a mine site; one immediately at a price of $260,000, one in five years at an estimated cost of $310,000 and the third in eight years at a cost of $480,000. Find out the total expenditure as a present value if the ..

  Find the demand curve

Yearly demand and supply for the Entronics corporation is given by: Qd= 5,000 +0.5I+0.2A-100P and Qs=-5000=100P where Q is the quantity per year,

  Determining nash equilibrium strategies

Think that the following entry game. Here, company B is an existing company in the market, and company A is a potential entrant. Company A must decide whether to enter the market or stay out of the market.

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