1) Suppose that the annual rates of growth of real GDP of
Schnurland over a five-year...
1) Suppose that the annual rates of growth of real GDP of
Schnurland over a five-year period were sequentially as follows: 4
percent, -3 percent, 2 percent, 3 percent, and 6 percent. A) What
was the average of these growth rates in Schnurland over these 5
years (to one decimal place)? B) What term would economists use to
describe what happened in year 2? B) What term would economists use
to describe what happened in year 2?
1.Define economic growth.
2,List the phases of the business cycle.
3.In which phase of the business...
1.Define economic growth.
2,List the phases of the business cycle.
3.In which phase of the business cycle is unemployment at its
highest? Where in the business cycle is it the lowest?
4.In which phase of the business cycle is inflation a possible
problem?
5.Give two definitions of recession.
6.A good that is produced but not sold is still counted in GDP
using the expenditure approach to computing GDP. Do you agree or
disagree with this statement? Explain your answer.
1. Suppose that the annual rates of growth of real GDP of
Econoland over a five-year...
1. Suppose that the annual rates of growth of real GDP of
Econoland over a five-year period were sequentially as follows: 3
percent, 1 percent, -2 percent, 4 percent, and 5 percent. What was
the average of these growth rates in Econoland over these 5 years?
What term would economists use to describe what happened in year 3?
If the growth rate in year 3 had been a positive 2 percent rather
than a negative 2 percent, what would have...
2. (5 pts) The following payoff table represents growth rates
associated with 3 possible investments in...
2. (5 pts) The following payoff table represents growth rates
associated with 3 possible investments in
stocks,
bonds, or bank deposits under various economic growth
scenarios.
Growth Rate
Hi Growth
Med Growth
Low Growth
No Growth
Bonds
9
10
-1
2
Stocks
15
9
5
-4
Deposits
6
6
4
4
a. Write the best decision using an opportunity loss table
and the Minimax Regret Rule.
I need formulas too please.
Using the India as the subject Country, Answer the following 1
paragraph each. 2. In your...
Using the India as the subject Country, Answer the following 1
paragraph each. 2. In your essay, you will consider and address the
following questions and points:
a. What is the current state of the economy that you have
chosen?
Collect the latest available data on nominal GDP, real GDP, per
capita real GDP, unemployment rate, inflation rate, interest rates,
exchange rate(s), and any other important macroeconomic data.
b. Is the country experiencing an inflationary gap or a
recessionary gap?...
2. (5 pts) The following payoff table represents growth rates
associated with 3 possible investments in...
2. (5 pts) The following payoff table represents growth rates
associated with 3 possible investments in
stocks,
bonds, or bank deposits under various economic growth
scenarios.
Growth Rate
Hi Growth
Med Growth
Low Growth
No Growth
maximum
minimum
Bonds
9
10
-1
2
10
-1
Stocks
15
9
5
-4
15
-4
Deposits
6
6
4
4
6
4
b. Write
the best decision using the Hurwicz Criterion with an optimistic
risk
avoidance of alpha = 0.3
I need...
Which forward rate cannot be computed from the 1-, 2-, 3-, and
4-year spot rates? The...
Which forward rate cannot be computed from the 1-, 2-, 3-, and
4-year spot rates? The rate for a:
A. 1-year loan beginning in 2
years
B. 2-year loan beginning in 2
years
C. 3-year loan beginning in 2
years
20 people's hair color was observed and was coded as follows:
Blond=1; Brown=2; Red=3; Blue=4
1,2,2,1,3,2,2,1,2,4,2,2,3,3,1,2,1,4,2,2...
20 people's hair color was observed and was coded as follows:
Blond=1; Brown=2; Red=3; Blue=4
1,2,2,1,3,2,2,1,2,4,2,2,3,3,1,2,1,4,2,2
a) Draw the graph that best illustrates this data
b) For the above data which is the best measure of central
tendency? Calculate it and explain why it is the best to use inthis
situation