Define and explain the significance of GDP, real GDP, and real per capita GDP. If you are given the population growth rate and the GDP growth rate, can you calculate per capita real GDP? Why will GDP affect our ability for the economy to grow?
The quantity of money grows, at a rate of 14% a year, potential GDP grows at 7% a year, and the velocity of circulation increases, at a rate of 2% per year. Calculate the inflation rate, in the long r What is the relationship between CPI and the ra...
A very easy way to calculate dividend growth is by using Investopedia’sCompound Annual Growth Rate (CAGR)Calculator. The Compound Annual Growth Rate of an investment is a simple, albeit powerful tool for comparing the year-on-year return on investment of different types of investments. Here’s...
How do you calculate payback using investment -CF and how is simple payback calculated? How do small businesses in a country contribute to its economy? How does the family unit as a whole impact health? Which of the following is included in GDP? A. value of existing home sales B. value...
Why does price level affect GDP instead of quantity? How do you calculate real GDP? Assuming the economy is operating below its potential output, what is the impact of an increase in net exports on real GDP? Why is it difficult, if not impossible, for a country to...
How do you calculate real GDP? Define GDP. Why is GDP growth important to any government? What is the difference between real and nominal GDP? Why is it important to distinguish nominal GDP from real GDP? (a) Describe the difference between GNP and GDP. (b) Start with...
An economy has no imports and no income taxes, MPC is 0.9, and real GDP is $250 billion. Businesses increase investment by $2 billion. Calculate the new level of real GDP and explain why real GDP increases by more than $2 billion. ...
The 2024 presidential election may be one of the biggest market-moving catalysts in the last several months of the year. It's too early to speculate about a potential winner, but investors have gotten more clarity about the candidates and their platforms in the past several months. Vice Presid...
How Do You Calculate Household Income? Gather all of the gross income of anyone age 15 or older. Make sure you include any type of income, such as wages, tips, bonuses, retirement income, welfare payments, and Social Security benefits. Add these together to get the total household income....
(GDP)=Growth Rate of Population+Growth Rate ofGDP per capita, where GDP per capita is simply GDP divided by population. The more people around, the more available workers there are in the labor force, and also more people to consume items like food, energy, cars, and clothes. There are...