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The World Bank is currently advising newly industrialized countries on how to encourage growth and they have asked for your help.
Use the data on U.S. real GDP below to compute real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1987 to 2005. Year REAL GDP (2000 prices) population 1987 $6,435,000 million..
If the CPI went from 106 to 111 during the past year, Illustrate what was the rate of inflation.
1. the price of french fries falls by 10 per cent and quantity of french fries demanded increases by 12 per cent. we
Questions on Long-Run Labor Demand and Factor Substitutability, Own-price elasticity, Cross-price elasticity
Suppose that the exchange rate between the Polish Zloty and the U.S. dollar is currently 4 Zls to the dollar. The one year forward rate for the Zloty is 4.5 Zls to the dollar. If U.S. inflation is 3% what is the approximate Polish inflation rate if r..
1. consider the following policies each of which is aimed at reducing violent crime by reducing the use of guns.
There is a list of figures for a given year in billions of dollars. Using this data, compute the NDP , NI, PI, DI or net exports.
Two identical countries, Alpha and Beta, can be described by the IS-LM model in the short run. The governments of both countries cut taxes by the same amount. The Central Bank of Alpha follows a policy of holding a constant money supply. The Centr..
Discuss the advantages and disadvantages of adjustable-rate versus fixed-rate mortgages?
What is the equilibrium level of income and derive the savings function and find the level of savings in this economy
The global economy in 2011 appears to be headed into a double-dip recession. Based on your knowledge of aggregate demand and aggregate supply, suggest the reasons and causes for the downward tailspin of the economy.
Use both offer curves and a two by two payoff matrix, estimate the optimal foreign economic policy of a hegemon.
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