Describe the circumstances surrounding the country position

Assignment Help Business Economics
Reference no: EM131400857

-Today the United States has unemployed people who began as cyclically unemployed during the recession but have since become structurally unemployed because their skills have become obsolete. How important is the idea of remaining up-to-date on training and skills in the work force? Is there a certain industry that requires skills to be current?

-According to the article "What Does GDP Really Tell Us About Economic Growth," located in Topic Materials, Khan discusses the pitfalls of GDP. Describe how these pitfalls have affected the overall economic status of a country. Conduct research to find an example of a country that has been affected by the pitfalls of GDP and describe the circumstances surrounding the country's position.

Reference no: EM131400857

Questions Cloud

Changes on the real rentals on ports : Determine the impact of these changes on the real rentals on ports and mines by using information below (first you need to figure out the payments to all the factors):
Outline the differences between adam smith : 1. If a 20 increase in the price of a commodity caused a 30% decline in its purchase, acalculate the corresponding demand elasticity for the commodity Is demand elastic? 2. Outline the differences between Adam Smith and Mercantilists with respect t..
Discuss the history of the internet : Discuss the history of the Internet and the impact it has had on professional development. What social, ethical, and legal issues emerged due to the Internet as it evolved over the years?
Purchase by households : Suppose that one day the personal printer is introduced into S land from another city and made readily available for purchase by households. Explain the effects of the personal printer on (a) the market area of Winkos and (b) the population of the..
Describe the circumstances surrounding the country position : According to the article "What Does GDP Really Tell Us About Economic Growth," located in Topic Materials, Khan discusses the pitfalls of GDP. Describe how these pitfalls have affected the overall economic status of a country. Conduct research to ..
David consumes two things : David consumes two things: gasoline (x) and bread (y), david's utility function is U(X,Y)=10X^0.25Y^0.75  A. derive david's demand curve for gasoline
Find the variance of x : Consider a pair of random variables X, Y with constant joint density on the triangle with vertices at (0, 0), (3, 0), and (0, 3).
Growth rate of the potential gdp : Describe three different policies that could be used to increase the growth rate of the potential GDP. Identify whether each policy is aimed at technology, capital formation, or labor supply.
Evaluate user dialog strategies use by menu-driven interface : Evaluate the user dialog strategies used by a menu-driven interface. Determine why menu-driven interfaces continue to be popular in the modern computing age.

Reviews

Write a Review

Business Economics Questions & Answers

  Deflation in italy and the euro zone

The Euro zone fell into deflation in October (see Chart): prices fell by 0,2 % . Italy has experienced deflation for a few months. Unemployment in Italy is over 13% with youth unemployment 43.9% Contractionary policies in Italy have led to a fall in ..

  Continue producing because variable cost are covered

When price p is above a price taking firm’s SAC, the price taking firm profits may be negative but it will choose to continue producing as long as variable cost are covered. When price p is above a price taking firm’s SAVC, but below its SAC, the pri..

  Maintenance costs associated with machine

The maintenance costs associated with a machine are 52,000 per year for the first ten years, and $1,000 per year thereafter. The machine has an infinite life. If interest is 10%, what is the present worth of the annual disbursements?

  What is the firm total cost based upon the eoq

Vergas Enterprises wishes to determine the economic order quantity (EOQ) for a critical and expensive inventory item that it uses in large amounts at a relatively constant rate throughout the year. What is the firm's total cost based upon the EOQ c..

  Long-run labor demand and factor substitutability

Long-Run Labor Demand and Factor Substitutability.  Draw the isoquant that corresponds to that level of production where L on horizontal axis and K on the vertical axis. Is this isoquant convex (bowed toward the origin) ? By looking at your graph, de..

  Monopolistic competition market structure

Robert has a passion for making ice cream. Assume that ice cream parlors have a monopolistic competition market structure. Between the local Amy\'s, Cold Stone Creamery, Marble Slab, Ben & Jerry\'s and Baskin Robbins, he has an uphill battle to break..

  Effective annual return on the investment

A $200,000 bond having a bond rate of 7% payable annually is purchased for $188,000 and kept for 5 years, at which time it is sold. How much should it sell for in order to yield a 9% effective annual return on the investment?

  Latest equilibrium price also quantity to result

Converse the latest equilibrium price also quantity to result from these changes.

  Understand the two components of the demand for money

Understand why depositing cash on a checking account does not affect money supply immediately. Understand why when a commercial bank buys government securities from its clients, new money is being created? Understand why when Fed buys government secu..

  Determine the firms economic value added

Last year Jamison had EVA® net income of $200,000, cost of capital of 10 percent, and EVA® capital of $750,000. Determine the firm's economic value added.

  Methods of simultaneous equation models

Discuss examples from economic theory that would be estimated using the methods of simultaneous equation models.

  As result of the kansas-nebraska act

As a result of the Kansas-Nebraska Act:

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