Fundamentals of Macroeconomics Part 1 In the United States economy there are several factors that affects its economy; these affects it in a different way; some of this effect are more severe than others. The gross domestic product (GDP)‚ the real‚ and the nominal (GDP) each causes different effect. There are others factors that affect the United States economy; such as the unemployment rate‚ the inflation rate‚ and the interest rate. These results have an effect on the grocery purchasing‚ the
Premium Economics Inflation Unemployment
Midterm Examination Macroeconomics Name:______________________ Course:__________________ Year/Section:________________ Score:___________________ 1. _______________behavior of learning that specializes on the study of economic activities on the aggregates level. 2. _______________two factors that are the main 3. _______________influences that determine the performance of an economy. 4. _______________revolutionized economic thought in clearly outlining how the government
Free Economics Macroeconomics
Macroeconomics | Assignment 1: Demand Illustration | Market Subject- Blueberries Cultivated/ Produced | Price Per Pound ($) | Quantity Demanded Per Year (lbs) | $5.10 | 2 | $4.60 | 3 | $4.10 | 4 | $3.60 | 5 | $3.10 | 6 | Personal Demand: Market Demand: Price Per Pound ($) | Quantity Demanded Per Year(lbs) | $5.10 | 170‚000‚000 | $4.60 | 180‚000‚000 | $4.10 | 190‚000‚000 | $3.60 | 200‚000‚000 | $3.10 | 210‚000‚000 | Increase in Demand: Price Per Pound ($) |
Premium Supply and demand
University of the Cordilleras RISING TUITION AND MISCELLANOUS FEES IN HIGHER EDUCATION In partial fulfillment of the requirements in Macroeconomics By: Achawon‚ Czarina Bantiyaw‚ Jenny Lou Gahid‚ Dariel Morales‚ Jurileen Nacis‚ Nemiah Salvador‚ Chaste Heart Santiago‚ Nikki Tengay‚ Joseph August 2013 CHAPTER I Background of the Problem During the past years tuition fee has been growing. And for this year‚ it was the largest increase having 354 private universities and colleges
Free High school College Education
A Brief Look at the Adjustment Process The process through which money creation leads to a higher level of prices. Suppose again that the money supply curve shifts‚ reflecting an increase in the money supply. * If 1/P does not change‚ there is an excess supply of money. In other words‚ people find themselves with more money than they need. * Some people will use the extra money to buy more goods and services. This causes the money price of goods P to increase‚ and the goods price of money
Premium Inflation
CASE : Jaguar plc‚ 1984 Kwon‚ Hyuk Joo Kim‚ Min Chang‚ Hae Yoon Jeon‚ Joohwan Question 1 How much is Jaguar worth in 1984 The firm value of Jaguar is GBP 510‚977‚000 in 1984 under the scenario (A)‚ while the firm value is GBP 215‚492‚000 under the scenario (B). Since there is no change in real exchange rate under the scenario (A)‚ we just considered the change in nominal exchange rate due to the inflation difference between the U.S and the U.K. By using the nominal exchange rate‚ we converted
Premium United States dollar Currency Exchange rate
Q1 1. Assume that the current interest rate is 8%. Let’s say that investors know that normally interest rates are 10%. How would this affect investors’ decisions with regard to how much money and bond holdings to keep? Investors will want to hold more cash instead of bonds. Because the investors know that normally interest rates are 10% which is more than the current interest 8%. That is to say investors expect the interest rates would increase in the future which will cause the decrease of value
Premium Monetary policy Central bank Federal Reserve System
1. Distinguish between an absolute advantage and a comparative advantage. Cite an example of a country that has an absolute advantage and one with a comparative advantage. Absolute advantage is when a monopoly exists in a country when it is the only source and product of an item. Meanwhile‚ a comparative advantage is when a country can supply products more efficiently and at a lower cost than it can produce other items. South Africa has an absolute advantage because of its diamonds. The United States
Premium Economics International trade Comparative advantage
Chapter 2: Date of Macroeconomics 1. What components of GDP (if any) would each of the following transactions affect? What will happen to GDP? Explain. a. A family buys a new refrigerator. Answer: Consumption increases because a refrigerator is a good purchased by a household. GDP increases. b. Aunt Jane buys a new house. Answer: Investment increases because a house is an investment good. GDP increases. c. Ford sells a Mustang from its inventory. Answer: Consumption
Premium Gross domestic product
Introduction: With the interest rates having been cut four times since December 2009‚ by 350 basis points‚ the South African Reserve Bank (SARB) declared that the domestic economy is slowing. Two consecutive quarters of negative growth is evidence that an economy is in recession. The contraction in growth is believed to have been caused by a slump in export demand‚ forcing both manufacturers and miners to cut production. The SARB’s monetary policy committee is in meeting to discuss further rate
Premium Inflation Macroeconomics Monetary policy