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Let's consider GDP. Is it a good way to measure our economy? What does this number really tell us? GDP has long been criticized as a measure for calculating the growth of an economy. Although it is not used, an alternative measuring approach known as the Genuine Progress Indicator (GPI) has been proposed in response to criticisms of the method currently used. Please respond to all of the following prompts:
•Which do you believe to be the better measuring device? Why?
many movie critics claim that horror movies nowadays are more violent and bloody than they used to be. write an essay
the company had purchased 58000 of inventory from zahn a vendor approximately 3yrs ago. as of today the balance of the
As a manager of a financial considering business you have two financial planners, Phil and Francis. In an hour, Phil can make either one financial statement or answer ten phone calls,
What factors led to the mortgage default crisis How did mortgage defaults affect banks involved in mortgage lending and mortgage investing Securitization TARP What do these mean How did mortgage-backed securities spread losses during the mortgage ..
Consider a sharecropper whose contract calls for him to receive ¾ of the output produced in the farm on which he works. Suppose that the value of the marginal product of labor on the shared cropped land is given by 80-L. Where L stands for hours o..
the world bank is currently advising newly industrialized countries on how to encourage growth and they have asked for
question 1 what do you mean by a social welfare function? if you suppose that such a function exists what properties of
analyze the effects of each of the following on national saving investment and the real interest rate. explain your
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today the number of commercial banks in the united states is abouta. 14800b. 21000c. 3000d. 8000during the so-called
If the economy currently has a frictional unemployment rate of 2 percent, structural unemployment of 2 percent, seasonal unemployment of 0.5 percent, and cyclical unemployment of 2 percent, what is the natural rate of unemployment? Where is the ec..
For each of the following transactions, identify whether or not it would be included in GDP: What is Metrica's GNP? Is it higher or lower than its GDP?
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