Macroeconomics Answers

Assume that a "leader country" has a real GDP per capita of $40,000, whereas a "follower country" has real GDP per capita of $20,000. Next suppose that the growth of real GDP per capita falls to zero percent in the leader country and rises to 7 percent in the follower country. if these rates continue for long periods of time, how many years will it take for the follower country to catch up to the living standard of the leader country.

If I have an equation: C=500+.95(Q-T), how am I able to find C without Q? or vice versa? Thanks!

what is happening to the U.S. trade balance in each of these situations?
a. higher international trade barriers for imported products in U.S.
b. prices in US increases more than prices abroad
c. economic recession starts in Canada
d. nominal exchange rate of US dollar appreciates

How does the invariance principle impact sports as it relates to economics?

How does the all-or-nothing theory play into the economics of sports?

Explain in 10 lines how recession helps in increasing the unemployment.

IMF sees UAE GDP growth slowing to 2.3 pct in 2012.
1. Summarize this with your own words.
2. Which stage in the business cycle do you think the economy is in?
3. Give two reasons to defend your chosen business cycle.
4. Identify the right fiscal policy that should be followed: contractionary or expansionary.
5. Explain why this fiscal policy should be used.
6. Explain how this fiscal policy would impact the economy.
7. Analyze how the information provided in the article will impact the macroeconomic indicators. You should use two indicators: output and unemployment in your analysis.


Many Thanks !

how to make a project on a report on demographic structure of your neighbourhood?
which has primary data,secondary or both

Suppose in a hypothetical economy that velocity is 5, the money supply is $5,000, Real GDP is 2500 units of output, and the price level is $10. If the money supply doubled over a short time period to 10,000, the sample quantity theory would predict that..
A) real GDP would double to 5,000 units
B) Velocity will decline dramatically such that there will be little change in either out put or price level
C) the price level will fall to $5
D) The price level will double

In context of the equation of exchange, which of the following is most likely to bring inflation, ceteris paribus?
a) a slight decline in velocity
b) increase in the money supply
c) increase in Q
d) none of the above