Assignment

HOME ASSIGNMENT 1. Look at the newspapers for the past few days. What macroeconomic issues that statistics have been released? How do you interpret these issues? 2. A farmer grows a bushel of stalk and sells it to a miller for $1.00. The miller turns the wheat into flour and then sells the flour to a baker for $3.00.The baker uses the flour to make bread and sells the bread to an unionize for $6.00.The engineer eats the bread. What is the value added by apiece person? What is gross domestic product? 3. Suppose a woman marries her butler. After they are married, her hubby continues to wait on her as onward, and she continues to support him as before (but as a husband rather than as an employee). How does the sum affect GDP? How should it affect GDP? 4. Place each of the following transactions in one of the four components of ingestion: consumption, investment, government purchases, and net exports. a. Boeing sells an airplane to the Air Force. b. Boeing sells an airplane to American Airlines. c. Boeing sells an airplane to Air France. d. Boeing sells an airplane to Amelia Earhart. e. Boeing builds an airplane to be sell next year. 5. Find entropy on GDP and its components, and rate the percentage of GDP for the following components for 2007, 2008, and 2009. a. Personal consumption expenditures b.

uncouth private domestic investment c. Government purchases d. Net exports f. State and local anaesthetic purchases g. Imports Do you see any stable relationships in the information? Do you see any trends? (Hint: A good can to look for data is the statistical appendices of the Statistical data which is inform each year by the GSO (Vietnam General Statistics Office)). 6. Consider an delivery that produces and consumes bread and automobiles. In the following table are data for two different years. Year Year... If you want to get a full essay, order it on our website: Ordercustompaper.com

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