User Account

All Pages

Shortcomings of using gdp as a measuring rod

Assignment Help Macroeconomics
Reference no: EM131901589

a) In light of the underground economy, and other shortcomings of using GDP as a measuring rod, do you think the government should include estimates of the underground economy in its GDP calculations? Discuss the pros and cons.

b) Describe the opportunity cost when you decide to watch a movie instead of studying for an exam.

Reference no: EM131901589

Questions Cloud

What is the present value of the depreciation tax savings : Assuming the machine is depreciated on a straight-line basis, what is the present value of the depreciation tax savings?
Explain principles and strategies of treatment option in usa : Explaining the principles and strategies of treatment options in the USA. Use this rubric and make sure to include certain required information.
What is one reason wetlands are important : What is one reason wetlands are important? How do ocean currents affect climate? Name one consumptive use of water and one non-consumptive use of water.
What economic opportunities are created by global warming : What economic opportunities are created by global warming and climate change? Elaborate please. (Explain, don't just answer please)
Shortcomings of using gdp as a measuring rod : In light of the underground economy, and other shortcomings of using GDP as a measuring rod, do you think the government should
Create the hypotheses and thesis : arrow the, topic: Big Data: Privacy and Security, to answer one specific question in relation to this.
Explain role of technology in improving health care outcomes : You will reflect on the personal knowledge and skills gained throughout this course. Explain the role of technology in improving health care outcomes
Determine the minimum input voltage required : Topic:- Design a power supply for a hobbyist in a real application. Given the regulator you selected, determine the minimum input voltage required
Growth influence the level of gdp per person : How does the rate of population growth influence the level of GDP per person? Please describe in one hundred or more words.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd