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a) UPDATE THE KEY NATIONAL INCOME AND PRODUCT ACCOUNT NUMBERSGo to the Bureau of Economic Analysis Web site, and access the BEA interactively through selecting National Accounts and then National Income and Product Account Tables. Choose Frequently Requested NIPA Tables, and find Table 1.1.5 on GDP. Compute GDP by its components [Consumption, Investment, Government, and net export expenditures] using the latest available quarterly data for 2010.
b) NOMINAL GDP AND REAL GDP BOTH UP?Go to the Bureau of Economic Analysis Web site, and access the BEA interactively by selecting National Accounts and then National Income and Product Account Tables. Select Frequently Requested NIPA Tables, and use Tables 1.1.5 and 1.1.6 to identify the GDP (nominal GDP) and real GDP for the past four quarters. Why was nominal GDP greater than real GDP in each of those quarters? What were the percentage changes in nominal GDP and real GDP for the most recent quarter? What accounts for the difference?
Explicidate key macroeconomic variables which affect your industry.
Illustrate what are the four stages of the Business Cycle. Compare and Contrast five internal and external Business Cycle theories.
Illustrate what measures can the Indian government, international organizations, the mulitinationals take to help the industry revive.
Depends on the ideas, explain with which of the two economists do you agree more and explain why.
The effects on the development also diffusion of computer technology in the 1970s and 1980s on the U.S. economy in the late 1990s to the present.
Proponents of trade liberalization which freer trade might actually improve the quality of the environment.
Elucidate at what price also quantity will marginal revenue be zero. At what price and quantity will marginal revenue be maximized.
Fewer potatoes are demanded when the price of rice has fallen from $ 0.25 to $0.10 cents per pound-The Molly Jock wants to buy a high definition television to watch the Olympic Greco roman wrestling competition in Beijing.
Illustrate what does the concept of opportunity cost indicate. Consider how the production of one good affects the possible production level of other goods.
Illustrtae what is the current cost of a share of stock for a firm with $5 million in balance-sheet equity.
Use the following Information on a hypothetical short-run production function to answer questions a-c. Calculate the marginal and average variable product of each unit of labour input.
A monopolist currently charges $50 a unit for the 100,000 units of product it produces and sells every month. An economic analysis has shown that,
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