Assume that the economy is already in a recession, and both the President and Congress have decided to do something to restore the economy. Both agree that lowering taxes would not be a good idea, but do believe that it is in the best interest of the economy to increase government spending in defense, education & infrastructure.
1.Assume last year's real GDP was $7,000 billion, this year's nominal GDP is $8,820 billion, and the GDP-deflator for this year is 120. What was the growth rate of real GDP? Does this show an improvement in economic welfare? (Clearly explain your answer) 2.Suppose the value of the French Franc in terms of the dollar is
Please describe 3 economic indicators, and explain the business value of economic indicators. Provide a 350-450 word explanation please. I just need your input (please provide your own input not just a list of references.
Use the following data to answer questions 1-3 (be sure to provide all calculations). Quanity Prices Year CD's Tennis Racquets CD's Tennis Racquets 2005 90 180 $18 $100 2006 100 190 $20 $11
As an employee of the World Bank you have been asked to research the needs of a country with a particular economic concern. For this assignment, select a country and an economic concern, such as population, unemployment, etc. Search the Library and Internet for data sets for the concern that you have chosen. In a 3-4 page
Discussion Question 1 British Prime Minister Lady Thatcher proposed a poll tax that levied an equal amount of tax on each citizen regardless of his or her income. This tax was repealed after a brief trial period. Why do you think this tax was unpopular? Discuss the pros and cons of the tax and arrive at a conclusive answer.
Why is economic growth important? Why could the difference between a 2.5 percent and a 3 percent annual growth rate be of great significance over several decades?
How would you assess the overall financial health of your organization? What are good and bad signs, if any, in your outlook? 2. To what extent is your organization's financial health affected by the Fed?s policy on money and interest rates? What aspects of Fed actions affect your organization the most? 3. If inflation i
Particularly indicators of improving or decreasing levels of performance, used by your organization, and how those indicators relate to the kind of "national indicators" we have been examining. If you're using an unconventional organization, you may have to get a little creative here. What are three key macro-economic indica
Why is economic growth important? Why could the difference between a 2.5 percent and a 3 percent annual growth rate be of great significance over several decades? Please give a few good sentences to explain.
Hurricane Katrina may sting U.S. economic growth by choking energy supplies even as the damages caused by the storm spur massive rebuilding and emergency government spending. Economists, while emphasizing that few concrete damage assessments have yet been made, said the major hurricane that struck the country's key Louisiana
What is the biggest economic concern for Argentina, like unemployment or population, and the factors behind economic growth (GDP) in Hong Kong and Singapore? Or at least web sites I can find this information so I can compare this to the US's GDP rate. These are for 2007.
In a committee meeting of the United Nations you are considering the following questions: When is international trade an opportunity for workers? When is it a threat to workers? What are some of the major challenges confronting the international trading system? In your own words
As an employee of the World Bank you have been asked to research the needs of a country with a particular economic concern. Select a country and an economic concern, such as population, unemployment, etc. Search the Internet for data sets for the concern that you have chosen. Select a second country and find data sets for th
What special problems are faced by eastern european economies as they make the transition from central planning to competitive markets?
I need help to start writing a 1,500 - 2,000 word research paper discussing a current topic in the field of Managerial Economics (the economics of the firm). I have submit the topic and outline and it was approve. Thank you
The Federal Reserve, through its power to raise and lower interest rates, exercises more influence over economic growth and the level of employment than any other government entity.
Read the following remarks made by news analyst Louis Uchitelle on October 12, 2007 regarding the vital role of the Fed Chairman Benanke in a time of economic crisis such as the financial meltdown started a year ago in the US and the global financial market. The remarks below are followed by the question #1 to answer. The Fed
What is the impact of foreign economic aid from rich countries to LDCs? Should developing countries continue to seek such aid? How did so may developing nations get into such serious foreign debt problems, and what are the implications for economic growth and development for these countries
Who are the poor and what are their economic characteristics? Do the poor benefit from growth? What kinds of policies are required to reduce the magnitude and extent of absolute poverty? Please discuss in details ( at least 2 pages )
Research Berkshire Hathaway (http://www.berkshirehathaway.com). Develop both an EFAS (External Factors Analysis Summary) table and an IFAS (Internal Factors Analysis Summary) table. The tables are to be submitted in one Excel file (one sheet for the EFAS and one sheet for the IFAS), and a written in MS Word. The descript
1. Current ratio 2. Quick ratio (acid test) Define each ? Describe current status ? Do a graph illustrating a historic trend (5 years) ? Analyze the relationship among inflation, unemployment and the business cycle. ? Evaluate the impact of inflation, unemployment and the bu
1. Describe the four broad categories of GDP using consumption approach. Give detailed account of each component. 2. Explain the difference between GDP and GNP. What adjustments needs to be made to GDP to arrive at GNP? 3. What is the "Natural Rate of Unemployment" ? 4. Why do some economies grow faster than others
Using the Internet, and/or other sources of literature, locate an article concerning trends in consumption patterns. Prepare a 1,050-1,400-word paper in which you: a. Define economics b. Define microeconomics c. Define the Law of supply d. Define the Law of demand e. Identify the factors that lead to a change in supply
Projected net values and risk 2) Gibson Appliance) Gibson Appliance Co is a very stable billion-dollar company with a sales growth of about 7% per year in good or bad economic conditions. Because of this stability (a coefficient of correlation with the economy of + .4 and a standard deviation of sales of about 5% from the mean), Mr Hoover, the vice-president of finance, thinks the company could absorb a small risky company that could add quite a bit of return without increasing the company's risk very much. He is trying to decide which of the 2 companies he will buy, using the figures below. Gibson's cost of capital is 12%.
Please see the attached multi-tier problem.: 2) Gibson Appliance) Gibson Appliance Co is a very stable billion-dollar company with a sales growth of about 7% per year in good or bad economic conditions. Because of this stability (a coefficient of correlation with the economy of + .4 and a standard deviation of sales of abou
Your hometown newspaper needs someone to write an informative article on large scale economic issues. The reporter who spoke with you before thinks of you, welcomes you home, and requests another article. Click here to view a summary of disaggregated data drawn from information provided on the 2000 U.S. balance of payments which
Details: Upon your return home, you receive an invitation to speak to a class at the local high school. You are to be part of a panel of three local people considered to have experience in international business. The question you are assigned to answer is "What are some obstacles to successful international economic policy coord
Task Type: Discussion Board Deliverable Length: 4-5 paragraphs Points Possible: 75 Due Date: 9/15/2008 11:59:59 PM CT Your cousin's latest interest is The International Monetary Fund, about which you are now chatting online. The IMF was established by the United Nations in 1944 to provide loans to countries in fina
Using real GDP, unemployment rate, consumer price index, foreign exchange rate/auto sales, and oil/gas prices, prepare a 1,000 word paper in which you define each of the indicators as related to the auto sales industry, and describe its current status. If possible, present a separate graph for each indicator illustrating the his
Prepare 3 Microsoft® PowerPoint® slides in which you summarize the following information: 1. An in-depth analysis on how your forecast will impact the Airline Industry. 2. Include an evaluation of the impact of past and current fiscal policies, monetary policies, budget deficits or surpluses on the economy and on the airlin
In 2003, the Internal Revenue Service began to mail out refund checks because of a change in the tax law.
In 2003, the Internal Revenue Service began to mail out refund checks because of a change in the tax law. Economic forecasters predicted that consumption and GDP would increase because of higher refunds on income taxes. Pretend as if you are an economist and explain your thoughts on whether the tax cuts from the past few yea