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ECO-111: MACROECONOMICS Final Project Students Please Note: This assignment must be submitted to turnitin.com. Reference the "Turnitin Requirement" section of the course Syllabus or the link below for general instructions. Upload both your assignment and the originality report within the Final Project assignment link. Using Turnitin for Assignments Following is a description of the final project for ECO-111. The project has several parts, which are interrelated. Note to Student: You will need to do research to complete this project. Be sure to document your sources properly-do not merely copy tables or material from other sources and present them as your own. Your mentor has the option of running any of your activities through originality-checking software. Also, Wikipedia is not an acceptable research source. You will be penalized for using it. Suggestions are given in the activity for acceptable research sources. Select two large macroeconomies (economies of two large countries). For each economy, obtain the information below on an annual basis for the last 10 years. The information can normally be obtained from the website of the central bank of the country or the Organization for Economic Cooperation and Development (OECD) website. Record the data and the percent changes and growth rates where applicable. GDP and GDP growth rate Exchange rate Inflation rate Interest rate on short-term government debt Unemployment rate Trade deficit Describe the trends in each variable. What do they mean for the economic conditions in each country? Contrast the trends between the two countries. Write 1 to 2 paragraphs (100 to 200 words) per variable. Describe the strengths and weaknesses that you see in these economies based on these variables. Write 1 to 3 paragraphs of analysis total (100 to 300 words). What conclusions can you draw from your analysis? Write a minimum of 3 paragraphs (300 words). Draw from all that you have learned in this course for this part of the final project.
A machine is set to fill the small size packages of M&M candies with 56 candies per bag. A sample revealed: 3 bags of 56, 2 bags of 57, 1 bag of 55, and 2 bags of 58. How many degrees of freedom are there
According to the BLS, what was the inflation rate for gasoline for the month of December 2010?
in order to financially stimulate the nation the federal government injected 900 billion dollars into the economy.
A study sponsored by the American Medical Association suggests that the absolute value of the own price elasticity for surgical procedures is smaller than that for the own price elasticity for office visits. Explain why this would be expected
someone drives through green hills you see large luxuriant homes spread across very large and beautiful pieces of real estate. Why are nice homes usually built on expensive lots rather than cheap ones
The firm’s production manager claims that the firm’s average cost of production is minimized at an output of 40 units. Furthermore, she claims that 40 units is the firm’s profit-maximizing level of output.
Assume the growth rate of the software company and the interest rate are both constant and the software company will be business for years to come.
Suppose two strategically dependent firms in an oligopolistic industry: Firms A and B. Firm A knows that if it offers extended warranties on its products but Firm B does not,
Explain how does the distinction among nominal and real interest rates add uncertainty to the effect of monetary policy on the economy.
Suppose a perfectly competitive firm produces output at two different plants. If the marginal cost at the first plant exceeds the marginal cost at the second plant for all units of output, how will the firm organize it's production to maximize pro..
Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange.
Overview of the project's objectives and scope
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