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April 16, 2014

Search: Macroeconomics - GDP

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Macroeconomics: GDP
1) I believe you are correct, the mini is both consumption C and an import M. In the GDP measure they cancel each other out, so the purchase does not change GDP. 2) I too am confused by the question. Sorry.
Thursday, January 29, 2009 at 11:49pm by economyst

Macroeconomics
Where are we in the business cycle? What is the real GDP today? What is the largest component of GDP? What is the smallest component of GDP? What is the fastest growing component of GDP and why? What components of GDP were involved in the change from last month to this month...
Sunday, December 1, 2013 at 2:25pm by Thomas

Macroeconomics
Think it through. GDP per capita is simply GDP/Pop. Let a be the growth in real GDP, and let b be the growth in the population. Then the growth in per captita real GDP is (a*GDP)/(b*Pop). Take in from here.
Monday, May 12, 2008 at 1:22am by economyst

macroeconomics
Year - 2000 Nominal GDP: 9,817 Real GDP: ___________ GDP Deflator: 1 Inflation 2.2 Real GDP Per capita: _________ Population 283.7 Year – 2001 Nominal GDP: ________ Real GDP: 9,891 GDP Deflator: _________ Inflation 2.4 Real GDP Per capita: _________ Population 286.6 Year 2003 ...
Tuesday, September 23, 2008 at 5:08pm by Ella

macroeconomics
27. The following data show nominal GDP and the appropriate price index for several years. Compute real GDP for each year and indicate whether you have “inflated” or “deflated” nominal GDP in finding real GDP. All GDP are in billions. Nominal Price level Inflated (I) Year GDP...
Tuesday, October 11, 2011 at 7:41am by marc

Macroeconomics
How do you calculate the nominal GDP and the real GDP of something? I know the formula for GDP is y=c+I+G+NX but in a problem like an economy produced this many of good#1 and this many of good#2 last year. The price of each good #1 was $8 last year, and each good#2 cost $7 ...
Wednesday, March 16, 2011 at 10:18pm by y912f

Macroeconomics - GDP
I agree with all of your answers except g). I think America GDP remains constant. The increase in american consumption exactly offsets the change in net exports.
Thursday, February 5, 2009 at 9:29pm by economyst

macroeconomics
ok, start with the given Real GDP in 2001. Deflate this to 2000 dollars using the stated inflation rate of 2.4% Real 01 GDP in 2000 dollars=9891/1.024=9659.18 Next calculate real growth in GDP between 2000 and 2001. Growth GDP = (real GDP01)/(real GDP00) = 9659.18/9817.00 = 0....
Tuesday, September 23, 2008 at 5:08pm by economyst

Macroeconomics
If GDP increases by 5 percent in the same that the deficit is run, What happens to gross debt as a percentage of GDP? What happens to the level of debt held by the public as a percentage of GDP? deficit was $300 billion
Sunday, July 10, 2011 at 7:04pm by Autumn

Macroeconomics
The graph has a SRAS going up from GDP 13.7 and 110 price level GDP 14.0 and 120 price level GDP 14.2 and 130 price level
Wednesday, October 24, 2012 at 1:40pm by Amanda

macroeconomics
23. The next four questions refer to the following price and output data over a five-year period for an economy that produces only one good. Assume that year 2 is the base year. Units of Price Year output per unit 1 16 $2 2 20 3 3 30 4 4 36 5 5 40 6 (a) If year 2 is the base ...
Tuesday, October 11, 2011 at 7:39am by marc

Macroeconomics
The money supply in Freedonia is $200 billion. Nominal GDP is $800 billion and real GDP is $400 billion. Assuming that velocity is stable, if real GDP grows by 10 percent this year, and if the money supply does not change this year, what is the change of price level?
Tuesday, April 9, 2013 at 2:23pm by Jess

macroeconomics
Take a shot, what do you think? Hint think short run vs long run and total GDP vs per-captia GDP.
Saturday, April 26, 2008 at 1:52pm by economyst

macroeconomics
should we care more about nominal GDP or real GDP?? Thank you for using the Jiskha Homework Help Forum. Here is a link that discusses that very question: http://economics.about.com/cs/macrohelp/a/nominal_vs_real.htm A GDP based on the prices that prevailed when the output was ...
Tuesday, March 13, 2007 at 2:16pm by jenna

Macroeconomics
The following calculations help you see how the ratio of debt to GDP changes from one year to the next. Suppose that in a hypothetical country with a currency called the ducat, debt is equal to 140 trillion ducats and GDP is equal to 100 trillion ducats. This means that the ...
Monday, April 14, 2008 at 11:24pm by Jenny

Macroeconomics
Wondering if I am doing this correctly?? If net taxes are increased by 3 billion dollars by how much would we expect real GDP to change? My answer is: d) If the government increases taxes by 3 billion dollars we would use the tax multiplier to determine what the change in GDP ...
Sunday, November 4, 2012 at 3:18pm by Isis

Macroeconomics: GDP
John (who lives in "Statsyan"--nation) buys a new mini Cooper, which is assembled in England. What part of the GDP component(s) does this transaction belong to? I'm thinking it belongs to both the imports and consumption categories, but I'm not sure if it is possible to list ...
Thursday, January 29, 2009 at 11:49pm by Anonymous

Macroeconomics
suppose that this year's money supply is $500b, nominal gdp is $10trillion, and real gdp is $5trillion, what is the price level and velocity of money? and if velocity is constant and the economy's output rises by 5% per year, what will happen to nominal gdp and the price level...
Sunday, April 11, 2010 at 5:44pm by Liyyah

Macroeconomics
Ok so this probably seems easy but I am not sure how to work these. We are given a table with data Price Paper Price 2010 2 100 2.5 2011 3 125 3 2012 4 150 3.5 we are usig 2011 as base year a) what is nomial GDP? b) Real GDP? c) GDP Price Index d) CPI Is nomial just ...
Wednesday, September 12, 2012 at 4:10pm by Isis

Macroeconomics
Goods and services that are not sold in markets, such as food produced and consumed at home and some household articles, are generally not included in GDP. How might the absence of these values mislead one when comparing the economic well-being of the United States and India? ...
Saturday, December 1, 2012 at 4:01pm by Kensi

macroeconomics
suppose that congress enacts a significant tax cut with the expectation thatthis action will stimulate sggregated demand and puch the real gdp in the short run. in gact, however, neither real gdp now the price level changes significantly as a result of the tax cut. what might ...
Wednesday, September 15, 2010 at 9:36am by aimee

Macroeconomics
Calculating the Rate of Growth of Per Capita Real GDP The annual rate of growth of real GDP in a developing nation is 0.3 percent. Initially, the countries' population was stable from year to year. Recently, however, a significant increase in the nation's birth rate has raised...
Monday, May 12, 2008 at 1:22am by animal

Macroeconomics,
If nominal GDP is $300 billion and the money supply is $20 billion, What must be the velocity? (b)If the money supply decreases and the velocity does not change, what will happen to nominal GDP?
Monday, June 21, 2010 at 7:05pm by mercedes

Macroeconomics,
If nominal GDP is $300 billion and the money supply is $20 billion, What must be the velocity? (b)If the money supply decreases and the velocity does not change, what will happen to nominal GDP?
Monday, June 21, 2010 at 7:45pm by mercedes

Macroeconomics
GDP is the total value of all FINAL goods and services. Go with b)
Friday, July 3, 2009 at 9:03pm by economyst

Macroeconomics
Can someone check this for me? 1. Where in the US National Income and Product Accounts and the circular flow of expenditure and income do new home sales appear? ANSWER: I said they appear with money going from the households to the goods and services market. 2. How does a fall...
Thursday, September 11, 2008 at 11:10am by Dave

GDP geogrsphy
http://globaleconomicanalysis.blogspot.com/2013/01/ten-reasons-for-declining-gdp-growth.html http://www.economicshelp.org/macroeconomics/economic-growth/causes-economic-growth.html http://baselinescenario.com/2009/04/30/gdp-growth-rates-for-beginners/
Saturday, September 7, 2013 at 11:42am by Ms. Sue

Macroeconomics - real GDP growth
I have graphed the real GDP growth over the years 1990-2004. I need help analyzing it! What happened when it was going down? What happened when it shot back up again? HELP! Thanks... The GDP growth rate went down considerably during the period 2000-2002, becoming slightly ...
Wednesday, September 6, 2006 at 2:14am by Samantha

Macroeconomics* Please check my answers*
If real GDP per capita grows at a rate of 5% per year consistently over time, how many years would it take for it to double in size? 5 10 My answer 14 70 The purpose of indexing Social Security payments to the CPI is to ______. increase corporate profits justify continued ...
Wednesday, November 18, 2009 at 7:03pm by Ms. Douglas

economics
what is the equation for finding the GDP for a year? Is it GDP=N/R or GDP=N/R *100?
Tuesday, April 15, 2008 at 9:40pm by Brandy

macroeconomics
gov. increases expenditures by $100 billon and marginal propensity to consume is 0.50 by how much will equilibrium gdp charge
Sunday, April 22, 2012 at 5:20pm by dixie

college Macroeconomics
consider a country with an economic structure consistent with the assumptions of the classical model. Suppose that businesses in this nation suddenly anticipate higher future proftability from investments they undertake today. explain whether or how this could affect the ...
Saturday, September 11, 2010 at 5:19pm by aimee

Macroeconomics
Discuss the convergence hypothesis and do you believe that in the long run there will be a narrowing of the differences in real GDP per capita in all countries.
Sunday, July 6, 2008 at 10:14am by Sara

economics
a) no change in GDP b) GDP rises c) GDP falls
Saturday, July 3, 2010 at 5:13pm by drwls

Economics
[GDP(yr. 2)-GDP(yr. 1)]/GDP(yr. 1) Convert that fraction to % The GDP deflator (published by the Dept of Commerce) must be applied to the actual GDP to get real GDP http://cost.jsc.nasa.gov/inflateGDP.html
Friday, March 5, 2010 at 10:22pm by drwls

Macroeconomics
if investment increases by $100 and, as a result, GDP ultimately increases by $200, the multiplier equals?
Tuesday, May 24, 2011 at 3:23pm by Leonard

econ
Ignore the previous post. The answer is c. a. The GDP is adjusted already, so changes in the price level cannot account for its increase. b. If the number of new homes built decreased, production decreased, which would lower GDP. d. If imports increased, GDP would decrease, ...
Tuesday, June 30, 2009 at 2:32pm by Marth

math
Average Growth Rate(2000-2009)of China - GDP: 10.9 Population: 0.8 Per Capita GDP: 10.1 Ethiopia - GDP: 7.5 Population: 2.8 Per Capita GDP: 4.7 How fast does total output(GDP)have to grow in order to raise per capita GDP in Instructions: Enter your responses to one decimal ...
Wednesday, October 3, 2012 at 9:36am by Robert

Macroeconomics - GDP
Please check my answers to see if they are correct, if not, can you please fix them! Thank you. American citizens buy something made from an American company in Japan who uses all Japanese labour and machines. Would the following increase, decrease or unaffected? Explain. a) ...
Thursday, February 5, 2009 at 9:29pm by Anonymous

macroeconomics
Show that the expenditure approach and the income approach add up to the same figure: consumption $5000 investment $1000 depreciation $600 Profits $900 Exports $500 Compensation of Employees $5,300 Government purchases $1000 Direct Taxes $800 Saving $1100 Imports $700 How do ...
Friday, April 4, 2008 at 9:55pm by Tonya

ECON
If C = 500 + 3/4[GDP- 100], I = 300, G = 400, Xn =- 10 and full employment GDP is 210 less than current GDP, the proper action would be to increase taxes by?
Thursday, August 13, 2009 at 9:25pm by Sam

macroeconomics
is this a recessionary or inflationary gap. aggregate supply curve is horizontal, change in real GDP arising from a shift of the aggregate demand curve = the size of the shift of the curve. Calculate both the change in government purchases of goods and services and the change ...
Monday, March 22, 2010 at 9:41pm by Jacqui

Economics
The task of my assignment was to calculate the Nominal GDP, given the GDP deflator and the Real GDP. This is what I got. GDP Deflator Real GDP Nominal GDP 0.9 600 540 1.0 600 600 1.1 600 660 The second part of the question asks what is happening in terms of real growth in the ...
Wednesday, February 7, 2007 at 9:56pm by Freddy

Economics
1) If C = 1000 + 7/8[GDP-1000], I = 700 and G = 1000 and the economy is currently in equilibrium at 400 below full employment GDP, the correct fiscal policy would be to increase G by? 2) If C = 500 + 3/4[GDP- 100], I = 300, G = 400, Xn =- 10 and full employment GDP is 210 less...
Friday, April 3, 2009 at 6:37pm by Shanna

macroeconomics
b. Now suppose that the gross national debt initially is equal to $2.5 trillion and the federal government then runs a deficit of $100 billion: i. What is the new level of gross national debt? ii. If 100 percent of the deficit is financed by the sale of securities to the ...
Sunday, July 28, 2013 at 4:36pm by brian

economic
1. If C = 1000 + 7/8[GDP-1000], I = 700 and G = 1000 and the economy is currently in equilibrium at 400 below full employment GDP, the correct fiscal policy would be to increase G by? (Points: 2) 2. If C = 500 + 3/4[GDP- 100], I = 300, G = 400, Xn =- 10 and full employment GDP...
Sunday, November 30, 2008 at 12:39am by Marieanne

math, economics, game theory
1) If C = 1000 + 7/8[GDP-1000], I = 700 and G = 1000 and the economy is currently in equilibrium at 400 below full employment GDP, the correct fiscal policy would be to increase G by? 2) If C = 500 + 3/4[GDP- 100], I = 300, G = 400, Xn =- 10 and full employment GDP is 210 less...
Monday, September 10, 2007 at 9:43am by Marieanne

managerial economics
4) Consider the following data on US GDP: Year Nominal GDP (billions) GDP Deflator (base year: 2000) 2008 $12,488 119 2007 $11,055 115.5 a. What was the growth rate of nominal GDP between 2007 and 2008? b. What was the growth rate of the GDP deflator between 2007 and 2008? c. ...
Tuesday, November 17, 2009 at 3:51am by aklove

macroeconomics
In each of the following cases, either a recessionary gap or inflationary gap exists. Assume that the aggregated supply curve is horizontal so that the change in real GDP arising from a shift of the aggregated demand curve equals the size of the shift of the curve. calculate ...
Monday, March 22, 2010 at 9:31pm by Jacqui

economics
What are the following variables used for in economics: Nominal GDP, Real GDP, GDP Deflator and CPI?
Thursday, February 21, 2013 at 3:58am by muselitata

math, economics, game theory
If C = 500 + 3/4[GDP- 100], I = 300, G = 400, Xn =- 10 and full employment GDP is 210 less than current GDP, the proper action would be to increase taxes by?
Monday, September 10, 2007 at 9:43am by Joe

Economics
GDP doesnt capture leisure time. So, GDP would go up if everybody worked more hours. Is this a good thing? GDP doesnt (directly) capture pollution. So, we could increase GDP by removing scrubbers from smoke stacks. Is this a good thing? Other things to think about. We could ...
Tuesday, March 25, 2008 at 2:31pm by economyst

Geography
Your question of how GDP and inflation are linked has two answers. GDP can increase either because of factors affecting aggregate supply or aggregate demand. If inflation were to increase, it would generally be caused be an overall increase in the demand for goods and services...
Thursday, August 23, 2007 at 4:23am by Neil

business
this is a hypothetical question...what are you guys talking about...i want to know whts the rel b/w the real gdp and potential gdp and if the real gdp would likely stay in this position for along time
Tuesday, September 9, 2008 at 10:21pm by sam

Macro
The great depression was the worst ecomonic disaster in US history in terms of declines in real GDP and increases in the unemployment rate. Use the data in the following table to calculate the percentage decline in real GDP between 1929 and 1933 Year Nominal GDP GDP price ...
Wednesday, March 18, 2009 at 10:11pm by steve

Economics
Discuss the relationship between the level of Gross Domestic Product (GDP) and economic well-being. What factors of well-being are missing from the GDP? Is there a point where the GDP could increase to such a high level that economic well-being could be compromised? If so, ...
Tuesday, March 25, 2008 at 2:31pm by Marinda

MacroEconomics
1. The money supply is $1 trillion,the price level =2,and real GDP is $5 trillion in base year dollars. What is the income velocity of money ?
Monday, July 15, 2013 at 6:25pm by Steve

Economics
Thanks so how do you find the equilibrium GDP of the economy. I was given what the GDP is, then found consumption, savings, MPC, MPS and the planned investment but not sure how to go find the equilibrium GDP!
Tuesday, October 23, 2007 at 11:12am by John

Macroeconomics
If the marginal propensity to consume is 2/3, and there is no investment accelerator or crowding out, what would happen to AD or AS, the price level (P) and the real GDP (Y) if government expenditures increases by $20 billion? Also show what happens graphically.
Thursday, May 29, 2008 at 6:57pm by Sarah

Econ
Do people living in countries with higher real GDP necessarily have better living standards compared to countries with relatively lower GDP? Give practical example. 2. What measures would better compare the well-being (living standard) for residents of different countries? How...
Thursday, May 17, 2012 at 8:26am by Andrea

Macroeconomics
Which of the following aren't included in the measurement of GDP? Exports Personal income Consumption spending Government spending on goods and services Transfer payments Net interest Imports Investment spending
Tuesday, June 30, 2009 at 2:13pm by Martin

Macroeconomics
Consider the following data: The money supply in $1 trillion, the price level equals 2, and real GDP is $5 trillion in base-year dollars. What is the income velocity of money?
Sunday, December 2, 2012 at 12:03am by Karla

macroeconomics
The answer to your first question is no. Find in your text book some explanation of Multipliers. Without going into detail, the government spending multiplier is 1/mps, while the taxation multiplier is (1/mps - 1) Remember, MPC+MPS=1. So, with an MPC=.9, MPS=.1. So the ...
Wednesday, July 15, 2009 at 6:17pm by economyst

economics
a) no change b) GDP falls as the U.S. Government spends less because government spending is a component of GDP c)GDP falls
Saturday, July 3, 2010 at 5:13pm by anonymous

macroeconomics
The initial Phillips curve relationship implied that the opportunity cost of __________ __________ was higher __________. If high unemployment lasts a long time, it could cause potential real GDP to fall. (true or false)
Sunday, December 13, 2009 at 8:21pm by Amber

economics
If one wants to know how the material well-being of the average person has changed over time in a given country, one should look at the? A. level of real GDP. B. growth rate of nominal GDP. C. growth rate of real GDP. D growth rate of real GDP per person?
Thursday, March 18, 2010 at 7:31pm by Adam

economics
If one wants to know how the material well-being of the average person has changed over time in a given country, one should look at the? A. level of real GDP. B. growth rate of nominal GDP. C. growth rate of real GDP. D growth rate of real GDP per person?
Thursday, April 22, 2010 at 11:32pm by Adam

business
if the economy in the US is currently at the trough of a business cycle then whats the relationship between real GDP and potential GDP? Is it likely that the real GDP will stay in this relative position got a long period of time? (like 15 yrs)
Tuesday, September 9, 2008 at 10:21pm by sam

Economics
Anna. Your first paragraph starts off well. I would add that GDP does not include leisure. So, GDP would go up if people would work more hours. But all work and no play is not necessarily a good thing. I would also add that GDP does not count negative (or positive) ...
Monday, September 15, 2008 at 8:38am by economyst

Economics
Can someone please explain what factors affect a country GDP? Also, if Thailand has a GDP of 4.5% and Australia has a GDP of 2.8%, please explain which country has a better economy. Thanks for your help
Saturday, September 8, 2007 at 8:39am by Nat

Economics
Those are not GDP's (Gross Domestic Products), they are GDP growth rates. A higher growth rate is better in the long run, but different short term factors may be at play. The overall level of the GDP, per capita, is a better measure of economic health. China has had the ...
Saturday, September 8, 2007 at 8:39am by drwls

Macroeconomics
Graph the following aggregate supply and demand curves (be sure to draw to scale). Real GDP (in $ trillions) Price Level Supplied Demanded Increase / Decrease 100 4 16 110 10 15 140 14 12 200 15 6
Monday, April 15, 2013 at 6:13pm by Richard

Macroeconomics
Suppose that velocity is constant. The economy's output of goods and services rises by 5% each year. What will happen to nominal GDP and the price level next year if the Fed keeps the money supply constant? (Hint--put the variables into the formula) Help!
Monday, November 16, 2009 at 12:14am by a-tan

Economics
If a government raises its expenditures by $50 billion and at the same time levies a lump-sum tax of $50 billion, the net effect on the economy will be to: a. increase GDP by less than $50 billion b. increase GDP by more than $50 billion c. increase GDP by $50 billion d. make ...
Sunday, November 5, 2006 at 11:16pm by Amy

economics
Prepare a two- to three-page analysis by answering the questions below. Be sure to cite your references using APA format. What is nominal GDP? What is real GDP? What is included in each? Why are these measures important? What do they tell us? What was GDP for the last two ...
Sunday, October 14, 2012 at 7:18pm by dre

Macroeconomics
GDP of a country is 6000 billion. Investment is 2100 billion. Government purchase is 300 billion. The country has a trade surplus of 200 billion. How much is consumption? Was there net capital inflow or outflow? Can someone help start me off for this?
Wednesday, April 10, 2013 at 1:59pm by Jess

Economics
real gdp calculates the gdp for a longer period of time
Tuesday, April 14, 2009 at 12:53pm by nolan

Economics
How do you find planned investment from the GDP, and determining the equilibrium GDP of an economy?
Tuesday, October 23, 2007 at 11:12am by John

social studies
what is canada's gdp and what is japan's gdp ? please answer this question. thank you:) ^-^ :) :) ^-^
Monday, May 3, 2010 at 7:01pm by binah

macroeconomics 205
Last month, you sold an old car to your neighbor for 5000 dollars. The neighbor repainted the car at a paint shop for 500 dollars, of which only 400 was paid in cash and the rest in credit. By how much (if any) GDP in 2006 is affected?
Sunday, October 12, 2008 at 8:38pm by Alex

Macroeconomics
Suppose GDP is $800 billion, taxes are $150 billion, private saving is $50 billion and public saving is $20 billion. Assuming this economy is closed, calculate consumption, government purchases, national saving and investment.
Thursday, February 14, 2013 at 11:47am by Jess

marcoenomics
Assume Country X has much larger real GDP than county Y. Despite its low real GDP figure, is it possible for the standard of living, as measured by GDP per capita, in Country Y to be better than the standard of living in Country X? Please explain.
Sunday, January 27, 2013 at 9:05am by Adams

Economics
The answer i got is : GDP grew 10% GDP for 2006 using 2005 as the base year increase by 20% real GDP grow? 10% If i'm right, let me know, if not, please show Calculation Thank You Use the following data to answer questions 1-3 (be sure to provide all calculations). Quantity ...
Monday, December 1, 2008 at 2:12pm by John Price

economics
Do a little research, then take a shot. What do you think. Hint: unless stated otherwise, GDP means Nominal GDP
Saturday, October 24, 2009 at 5:40pm by economyst

[Urgent] Economics - GDP
GDP in 2000 is P*Q using 2000 prices and quantities. SO GDP in 2000 is 200*1 + 50*20 + 8*100 real GDP in 2001 is P*Q using 2000 prices and 2001 quantities. so Real GDP01 = 250*1 + 30*20 + 10*100
Tuesday, June 30, 2009 at 9:52pm by economyst

Economic
All of the following refer to the Economy of Ecoland: - GDP in 1990 is $1000 - Annual inflation is 5% per year from 1991 - 1995. From 1996 - 1999, inflation is 10% per year - Real GDP grows at 2% every year a) Calculate real GDP from 1990 to 1999 b) Calculate nominal GDP in ...
Wednesday, February 7, 2007 at 2:42pm by Freddy

Economics
Help The answer i got is : GDP grew 10% GDP for 2006 using 2005 as the base year increase by 20% real GDP grow? 10% If i'm right, let me know, if not, please show Calculation Thank You Use the following data to answer questions 1-3 (be sure to provide all calculations). ...
Monday, December 1, 2008 at 10:27pm by Randy Johnson

ECON!
I was given what the GDP is, then found consumption, savings, MPC, MPS and the planned investment but not sure how to go find the equilibrium GDP!
Tuesday, October 23, 2007 at 12:52pm by John

GDP geogrsphy
What are some of the factors that can cause a country’s Gross Domestic Product (GDP) per person to change? kathi anderson forever never lasts
Saturday, September 7, 2013 at 11:42am by rockrboiluvr14

Economics
What is the % of GDP is the national debt? My Answer: The percentage of GDP is national debt is approx. 77%. Is this correct? Please post the figures you're using for GDP and national debt. I went and used the latest figure of Real GDP which was the third quarter of 2006 being...
Monday, May 7, 2007 at 6:47pm by Sarah

Economics
What percentage of Americans GDP per capita is available to the average citizen of Mexico? Americas GDP $35060.00 Mexico GDP $8540.00 To find this answer, divide 8540 by 35060. Move the decimal point in your answer two places to the right to get the percentage.
Wednesday, September 20, 2006 at 7:36pm by LIsa

Macroeconomics
Why do we consider a business-cycle expansion different from long-run economic growth? Why do we care about the size of the long-run growth rate of real GDP versus the size of the growth rate of the population?
Wednesday, July 2, 2008 at 11:10am by Sara

macroeconomics
Why do we consider a business-cycle expansion different from long-run economic growth? Why do we care about the size of the long-run growth rate of real GDP versus the size of the growth rate of the population?
Saturday, April 26, 2008 at 1:52pm by smeffy

Economics
1) GDP=14600 2) GDP=1360 ,but I do not know what it means "the proper action would be to increase taxes by." Can you let me know the answer for #2. Thanks, Mitchell
Monday, September 10, 2007 at 9:43am by Mitchell

Economics
GDP=375 Government spending increases by 50 Taxes increase by 50 MPC=.9 What is the new equilibrium GDP?
Tuesday, July 9, 2013 at 1:25pm by Shan

Economics
GDP=400 Investment decreases by 5 Government spending increases by 25 Consumption increases by 5 MPS=.2 What is the new equilibrium GDP?
Monday, July 8, 2013 at 5:16pm by Anonymous

Economics
I agree with your answer of (B). However, (C) also counts because, although the plastic sold is a raw material and not a final product consumed here, it is an export. Exports count toward the GDP. See http://www.investorwords.com/2153/GDP.html
Wednesday, February 11, 2009 at 12:14pm by drwls

macroeconomics
an increase in GDP necessarily translated into improvements into the welfare of citizens? true or false. i think its true but im not sure I can think of examples when it would not be true. Consider a kingdom which increases total output because the king tortures, cajoles, or ...
Tuesday, March 13, 2007 at 2:17pm by jenna

Economics
GDP=330 Government spending increases by 30 Investment increases by 10 Net Exports decreases by 15 MPC=.2 What is the new equilibrium GDP?
Monday, July 8, 2013 at 5:15pm by Anonymous

macroeconomics
If the economy currently has a frictional unemployment rate of 2 percent, structural unemployment of 2 percent, seasonal unemployment of 0.5 percent, and cyclical unemployment of 2 percent, what is the natural rate of unemployment? Where is the economy operating relative to ...
Tuesday, March 27, 2012 at 10:44pm by Anonymous

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