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Brazil: Gross Domestic Product (GDP)

While working for the World Bank, you have been asked to research Gross Domestic Product in Brazil and write a report on your findings. Research data sets for the Brazil economic Gross Domestic Product (GDP)
What are 2 relationships between GDP and Brazil's economy?
What trends do you see in the data sets?
Please support your assertions of the trends with statistical evidence.

Solution Preview

The first economic concern that we consider is the level of inflation in Brazil. When we consider the GDP growth rate it Is -0.3 in 2009, 7,5 in 2010, 2.7 in 2011, and 0.9 in 2012 (1). These figures have been taken from the World Bank website and show that the GDP growth rate is relatively low at 0.9 in 2012. The inflation rate is 4.31% in 2009, 5.91% in 2010, 6.50% in 2011, and 5.84% in 2012 (2). Inflation is harmful to the Brazilian economy. It hurts the interests of the poor who are struggling to make ends meet, and the middle class as the interest rates are high. The food prices ...

Solution Summary

The answer to this problem explains economic concerns in Brazil . The references related to the answer are also included.