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A large part of the agricultural sector in developing countries is subsistence farming, in which much of the food that is produced is consumed by the farmer and the farmer's family. Discuss the implications of this fact for the measurement of GDP in poor countries. According to the U.S. Census Bureau, nominal income for the typical family of four in the United States (median income) was $23,618 in 1985, $34,076 in 1995, $46,326 in 2005, and $49,276 in 2010.
In purchasing power terms, how did family income compare in each of those four years? You will need to know that the CPI (multiplied by 100, 1982-1984 5 100) was 107.6 in 1985, 152.4 in 1995, 195.3 in 2005, and 218.1 in 2010.
In general terms, how would your answer be affected if the Boskin Commission's conclusions about the CPI were confirmed?
Why do many companies choose to incorporate outside of the united states of America? What is the economic impact of this?
The decline of unions explains one-third of the overall increase in U.S. wage inequality among men and one-fifth of the increased inequality among women
Prepare a 2,100-word economic outlook forecast that includes the following: Discuss how government policies can influence economic growth.
Trade integration may have an impact on labour markets. What would be a plausible effect on a labour market with rigidities
In your own words, is the blood an organ or a tissue? Explain why or why not. Why is plasma protein important to a healthy blood supply? Can it be donated?
Suppose that the deposit multiplier in a particular economy is 5. In this simple economy, banks hold no excess reserves and the public uses checking deposits rather than holding currency.
In the last Fed's Open Market Committee meeting, Fed decided not to increase the interest rate. However, the expectation is that the Fed will increase the interest rate by the end of this year. Read at least three articles about this subject and pro..
Illustrate what would shoppers see when they shopped in Wal-Mart and the other "big box" stores that sell so many imported items
If there are 13 million unemployed and a working age population of 160 million, what would the number of employed be to arrive at a labor force participation rate of 64%?
germany consumers have 50 in income their gross domestice product. they spend 35 on consumer goods 25 on germany goods
The greatest value in a course such as Wireless Devices and Applications (WDA) comes from applying the concepts, theories, applications, and devices explored during class. This term project gives you an opportunity to select a topic that interests..
Our economy thrives on competition. Market forces will lead company to produce the mix of goods most desired. Unforeseen events can be responded to in a rational manner.
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