Describe pattern for us economy

Assignment Help Macroeconomics
Reference no: EM131063630

An economy starts off with a per capita GDP of 16,000 euros.

Use the above scenario to answer questions 1 - 3. .

1. How large will the per capita GDP be if it grows at an annual rate of 3% for 10 years?

2. How large will the per capita GDP be if it grows at an annual rate of  3% for 30 years?

3. How large will the per capita GDP be if it grows at an annual rate of  6% for 30 years?

4. If the unemployment rate is 6 percent and the number of persons unemployed is 6 million, calculate the number of people employed. Please show your work.

5. An analyst needs to adjust the nominal GDP for the years 2000 and 2010 into real terms to conclude his comparison analysis. The nominal GDP in 2000 was $672 billion and $1,690 billion for 2010; the real interest rate was 6.79% in 2000 and 3.71% in 2010; the 2000 deflator was 24 and 51 in 2010. Calculate the real gain?(Please show your work)

6. Briefly describe the pattern for the U.S, economy with respect to its current account balance from the 1950s up to and including 2015.

Reference no: EM131063630

Questions Cloud

Required return over firm weighted average cost of capital : Tucker Inc. makes home kitchen and bathroom faucets. The company was founded 50 years ago by Joseph Tucker and his granddaughter Jill is now chief financial officer. Senior management is contemplating starting a new line of faucets designed specifica..
Federal tax depreciation exceeds the depreciation : For the current year, the Beech Corporation has net income on its books of $60,000, including the following items: Net capital losses $15,000 Federal income tax expense $25,000 Federal tax depreciation exceeds the depreciation deducted on the book..
Cost advantage of long-term debt in firm capital structure : The cost advantage of long-term debt in a firm's capital structure is due to the fact that ________. A. the equity holders are the true owners of the firm B. equity capital has a fixed return C. interest payments are tax-deductible D. equity holders ..
Describe pattern for us economy : Briefly describe the pattern for the U.S, economy with respect to its current account balance from the 1950s up to and including 2015.
Evaluating two different silicon wafer milling machines : You are evaluating two different silicon wafer milling machines. The Techron I costs $219,000, has a three-year life, and has pretax operating costs of $56,000 per year. use straight-line depreciation to zero over the project’s life and assume a salv..
Firm has a current capital structure consisting : A firm has a current capital structure consisting of $500,000 of 14 percent annual interest debt and 80,000 shares of common stock. The firm's tax rate is 40 percent on ordinary income.
What is the amount to use as the annual sales figure : Winnebagel Corp. currently sells 21,000 motor homes per year at $59,000 each, and 7,500 luxury motor coaches per year at $96,000 each. The company wants to introduce a new portable camper to fill out its product line; What is the amount to use as the..
A case study of nikon dslr-d750 : Marketing Design and Innovation- A case study of Nikon DSLR- D750, Camera has become one of the important gadgets with the evolution of technology. Todays, camera is better with larger sensor in low light irrespective of the environment, as modern DS..

Reviews

Write a Review

Macroeconomics Questions & Answers

  How much would wages have to rise to raise employment

Do workers choose to work more because wages are temporarily high and do workers choose to work less because wage are temporarily low? This is key to the "intertemporal substitution" story of this chapter. The following chart shows how much wages ..

  Supply qs600100pdemand qd1200-200pwhere qs is the supply of

supply qs600100pdemand qd1200-200pwhere qs is the supply of packs of cigarattes and qd is the demand for packs of

  Formulate some key elements of a corporate vision statement

Analyze the differences and similarities between your personal vision statement and the vision statement of the organization you explored. Rate the organizational vision statement in terms of how motivational or inspirational it is or would be to yo..

  Illustrate what did classical economists

Illustrate what did classical economists assume about the flexibility. What disagreements did Keynes have with classical economists.

  What are the disadvantages of the candidates plan

Concerned about the crowding-out effects of government borrowing on private investment spending, a candidate for president argues that the US should just print money to cover the government's budget deficit.

  Gdp would help to predict the amount of inventory stock

Explain how one of the components of the GDP would help you to predict the amount of inventory to keep in stock if you were the owner of a retail store and were placing a merchandise order for the next few months.

  Describe the maximum and minimum amounts

Describe the maximum and minimum amounts that can be produced

  Calculate the price elasticity of demand

A major cereal manufacturer decides to lower prices from $3.60 to $3.00 per 15-ounce box. If quantity demanded increases by 18 percent, determine the price elasticity of demand?

  What is the marginal propensity to consume in this economy

What is the marginal propensity to consume in this economy?  What is the multiplier in this economy?  What is the equilibrium level of GDP in this economy?

  What are the market equilibrium price and quantity

What are the market equilibrium price and quantity - What price do farmers need to charge in order to sell all of the milk they are supplying?

  What is their aggregate demand

When trying to assess differences in her customers, Claire - the owner of Claire's Rose Boutique - noticed a difference in the typical demand of her female versus her male customers. In particular, she found her female customers to be more price ..

  1 suppose that the total liabilities of a depository are

1 suppose that the total liabilities of a depository are checkable deposits equal to 2 billion. it has 1.65 billion in

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