force (1‚000)‚ and you are also told that 850 are employed. Therefore‚ 150 are unemployed‚ and the unemployment rate is simply 150/1‚000 or 15%. | | | | Points Received: | 15 of 15 | | Comments: | | | | | | | 2. | Question: | (TCO F) Suppose nominal GDP in 2005 was $15 trillion‚ and in 2006 it was $16 trillion. The general price index in 2005 was 100‚ and in 2006 it was 103. Between 2005 and 2006‚ real GDP rose by what percent? | | | Student Answer:
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ECONOMICS 110/111* Assignment #1 2014/2015 Due Dates and Notes: DUE: By Friday October 3‚ 2:00 PM. Completed assignments should be placed in the slot marked for your section in the white assignment collection box on the 2nd floor of Dunning Hall. Late assignments will not be accepted. Use the Cover Page (download from the Assignments page on moodle) when submitting assignments. Place diagrams for particular questions with your answers to those questions (not all at the end).
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ECON 248 Assignment 2 1. The bank rate is the interest rate at which the Bank of Canada stands ready to lend reserves to chartered banks. The banker ’s deposit rate is the interest rate that the Bank of Canada pays banks on their deposits at the Bank of Canada. Changes to these rates by the Bank of Canada typically spread to other interest rates and therefore will influence the amount of lending done by the banks. An open market operation is the purchase or sale of government securities‚ which
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Module 5 Research Project. | United States | Singapore | Brazil | Name‚ location‚ geography Lesson 05.02 1. Include a topographical map of your countries2. What are some geographic features of the countries that may impact production and trade? | 2. Surrounded by two bodies of water‚ easy access‚ thousands of miles of coastal land‚ and many natural resources available. | 2. Deep and easy navigational waters along with a great location‚ acting as the focal
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SANTA CRUZ 2012-2013 DEPARTMENT OF ECONOMICS UNIVERSITY OF CALIFORNIA‚ SANTA CRUZ Administering Undergraduate Programs in: BUSINESS MANAGEMENT ECONOMICS ECONOMICS GLOBAL ECONOMICS ECONOMICS/MATHEMATICS Office Location: 401 Engineering 2 (831) 459-2743 Office Hours: Monday - Friday 9:00am - 12:00pm‚ 1:00pm - 4:00 pm For information via the WWW see: Department of Economics Homepage: http://economics.ucsc.edu/ UCSC Homepage: http://www.ucsc.edu/ Student Portal: https://my.ucsc
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American InterContinental University Unit 2 Individual Project Circular Flow In the textbook‚ there are two circular flow diagrams. One represents the flows in the macro-economy as a closed system and the other represents the flows as an open system. The circular flow diagrams show how money travels through the economic systems including businesses‚ households‚ foreign agents and governments (Editorial Board‚ 2013). Within the closed and open systems there are two consumers. The first consumers
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TAX 4001 Project 2 Due Date Handed in to class on November 5‚ 2014 Your assignment is to individually prepare a memorandum to the tax file (see Chapter 2‚ Figure 2-6‚ page 2-27 in the 2015 Edition of the text for an example). The relevant facts are Carol is a successful physician who owns 100 of her incorporated medical practice. She and her husband Dick are considering the purchase of a commercial office building located near the local community hospital. If they purchase the building‚ Carol would
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FIN 327 Spring 2012 Project 2 U.S. Treasury Quotes Due: Feb 13‚ 2012 1. Go to the Wall Street Journal webpage http://online.wsj.com/mdc/public/page/2_3020-treasury.html?mod=topnav_2_3000 and find out the ask/bid price quotes and asked yields for treasury bills (1) maturing on 2009/09/24‚ traded on 2008/09/24 Bid = 1.845 Ask = 1.835 Asked yield = 1.887 (2) maturing on 2010/09/23‚ traded on 2009/09/24 Bid = 0.385 Ask = 0.378 Asked yield = 0.384 (3) maturing on 2011/09/22‚ traded
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’Brilliant’‚ ’Quite Good’‚ ’What?’‚ these are just some of the comments made recently in the press regarding economic development. I really‚ really like economic development. While it has been acknowledged that it has an important part to play in the development of man‚ it is yet to receive proper recognition for laying the foundations of democracy. Inevitably feelings run deep amongst global commercial enterprises‚ who are likely to form a major stronghold in the inevitable battle for hearts and
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SOS ECON102 Midterm #2 Review Package Remember‚ this package only offers a short review of the material that will covered on the midterm. It is most effective when used in conjunction with your textbook‚ study guide‚ and the PowerPoint provided. Chapter 7: Production and Growth Terms: Catch-up effect the property whereby countries that starts off poor tend to grow more rapidly than countries that start off rich Diminishing returns the property
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