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internet assignment - Atinuke Omolara Macroeconomics 1101:...

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Atinuke Omolara Macroeconomics 1101: Section 007 Dr. Donald Wargo Due: February 26, 2009 Internet Assignment 1. Iraq and Afghanistan We are still involved in wars in Iraq and Afghanistan. Both are an emerging economies and still a (perceived) threat to America. This is why we invaded them. Print out and read the Country Profiles on Iraq and Afghanistan. Try www.worldbank.org (GOTO Data & Research and then Country Profile) or better, www.cia.gov , (GOTO World Book). Attach the first page to your report to show me you read it. https://www.cia.gov/library/publications/the-world-factbook/geos/af.html https://www.cia.gov/library/publications/the-world-factbook/geos/iz.html 2. Labor Force: -How many people were in the Labor Force as of December 2008? 154.5 Million -What was the unemployment rate at the end of 2008? 5.8% -What is the unemployment rate as of the last month (Jan 2009)? 7.6% How many jobs were created in 2008? 2.7 million How many people entered the Labor Force in the year 2008? 634,000 3. Gross Domestic Product Deflator Index: The GDP Deflator is used to take Inflation out of the measures of GDP. What was the GDP Deflator for the full year 2008? -0.3% This is also the measure of the General Inflation in Goods and Services, unlike the CPI, which only measures the Cost of Living.
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4. Government Budget: The Budget and the National Debt are prominent topics in the current Presidential Race. What is
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internet assignment - Atinuke Omolara Macroeconomics 1101:...

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