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Visit the Web site for The CIA Factbook. Research two countries - the United States and any another country (your choice.) Compare and contrast the GDP per capita for the United States and the other country. You can access more information for a country by clicking on the country name. (hint: reviewing the economy section would be helpful for this assignment.) Answer the following five questions:
1. What is the difference between GDP, nominal GDP, Real GDP, GDP per worker and GDP per capita?
2. What were your reason for selecting the other country?
3. Which country has a higher standard of living? Use some of the data from the economics section to support your answer.
4. Has the standard of living increased or decreased in the United States recently? Explain.
5. Has the standard of living increased or decreased in the other country? Explain.
1. calculate ae given the information below and completely fill in the table.2. where is equilibrium in this economy
Early Classical economists found the subsiquent diamond/water paradox perplexing.
What motivates policymakers to stimulate the economy or contract the economy? Based on your research, what does the Federal Reserve say about its policy goals? What does the Federal Reserve say about the strength of the economy?
Assume that Jimmy Cash has $2,500 in his checking account at Folsom Bank and uses his checking account card to withdraw $250 of cash from the bank's ATM machine. By what dollar amount did the M1 money supply change as a result of this single, isol..
On November 1, 2015, a particular book about fantastic beasts (and where to find them) was being sold by Amazon.com for $107.60. At the same time, this book could be purchase dat the Amazon.uk website for the sterling equivalent of $43.92.
Suppose this industry is perfectly competitive and is presently in long-run equilibrium. Suppose people start to prefer dogs as pets and cat ownership declines.
Does it mean that the economy is starting to gather momentum for a faster growth rate? Explain. Hint: What obstacles remain for the economy to start growing at a faster rate?
Find (algebraically) the points where the MC function intercepts the AVC and the ATC functions. (Hint: at one interception point MC = AVC and at the other MC = ATC)
Assume a country is in a flexible exchange rate regime. Now suppose that the world interest rate falls. Discuss what the policy makers must do to maintain the pegged exchange rate. What is the effect on domestic output, exports, and imports.
Prepare a marketing plan proposal to sell the cleaning products in one country located within either of those two regions. You should make sure to answer the following questions in your marketing plan: What alterations might have to be made to the ..
The Pulte Group, Inc., a New York Stock Exchange-traded corporation, is preparing for a briefing of investment analysts to be held in September 2011. As a member of the investor relations staff, you have been asked to prepare an overview of U.S. e..
"Loans are just like used cars. If you see an ad in the paper for a used care, you have to wonder , why is the owner selling it? Mayber there is something wrong with the care that is hared to see. As a result, when you approach the seller, you wil..
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