Economics Answers

Gini Coefficient.
A = 0.2
Determine the Gini Coefficient...

Employment Problem.
Data in millions. Total pop. = 350. Military = 1. Under 16 = 70.
NILF = 38. Discouraged = 42. Over 65 = 90. Out of the country = 2.
Institutional = 3. Unemployed = 12.
Determine the employment rate..

Calculating CPI, real, and per capita terms.
Year: 2000, 2001, 2002.
Data: 847, 902, 911.
GDP ($B): 562, 607, 619.
Pop (m): 183, 201, 232.
Calculate real GDP growth for 2002.

Calculating CPI, real, and per capita terms.
Year: 2000, 2001, 2002.
Data: 847, 902, 911.
GDP ($B): 562, 607, 619.
Pop (m): 183, 201, 232.
Calculate nominal per capita GDP for 2002.

Calculating CPI, real, and per capita terms.
Year: 2000, 2001, 2002.
Data: 847, 902, 911.
GDP ($B): 562, 607, 619.
Pop (m): 183, 201, 232.
Calculate nominal GDP growth for 2002

Calculating CPI, real, and per capita terms.
Year: 2000, 2001, 2002.
Data: 847, 902, 911.
GDP ($B): 562, 607, 619.
Pop (m): 183, 201, 232.
Calculate inflation for 2001.

Calculating CPI, real, and per capita terms.
Year: 2000, 2001, 2002.
Data: 847, 902, 911.
GDP ($B): 562, 607, 619.
Pop (m): 183, 201, 232.
Calculate GDP for 2002 using constant 2000 price terms

Calculating CPI, real, and per capita terms.
Year: 2000, 2001, 2002.
Data: 847, 902, 911.
GDP ($B): 562, 607, 619.
Pop (m): 183, 201, 232.
Calculate CPI 2000 for 2002.

Aggregate Expenditure Model:
AEo = 532.
c = 0.8
Determine Y.

If you were an economist for a firm that wanted to merge, would you argue that the three-digit or five-digit NAICS industry is the relevant market? Why?