Francis, K. D. (2015, November 25). Falling Corporate Profits Blur U.S. Growth Outlook. Retrieved from
The Wall Street Journal
GROSS DOMESTIC PRODUCT (GDP)
Gross Domestic Product is one of the most significant economic indicators in the
economy. Why? The
PROBLEM SET 1
1) If Max receives an unemployment check, would you include that transfer payment from the
government in this years GDP? Why or why not?
Yes, The gross domestic product (GDP) is one of the primary indicators used to gauge the
PROBLEM SET 2
1) A country with a civilian population of 90,000 (all over age 16) has 70,000 employed and
10,000 unemployed persons. Of the unemployed, 5,000 are frictionally unemployed and
another 3,000 are structurally unemployed. On the basis
PROBLEM SET 3
1) What is human capital, and how is it different from strictly the quantity of workers available
for work? Name three ways to increase a nations human capital. Is an increase in the size of
the labor force also an increase in the h
IP, G. (2016). U.S. Debt Burden: It's Gotten a Bit Less Bad. The Wall Street Journal.
EFFECTS OF THE FEDERAL DEBT ON THE ECONOMY
Debt can be viewed as good and sometimes also can bad too. Debt makes people and
organizations that they would not allowed to
Volcker, P. A. (2009). Moral Hazard and the Crisis . The Wall Sreet Journal.
MORAL HAZARD AND BANKING
According to the article, moral hazard is an information problem that occurs after a
transaction. In essence, a lender runs the risk that a borrower will
Jonathan House, K. M. (2014). U.S. Economy Posts Strongest Growth in More Than a Decade.
The Wall Street Journal.
According to the article, economic growth is what every economy tries to achieve for the good of
everyone as a whole. Develop
PROBLEM SET 6
1) Why is it possible to change real economic factors in the short run simply by printing and
distributing more money?
It's possible because more money = more loanable funds which = lower interest rates
which = increased demand for
PROBLEM SET 5
1) What are the three functions of money? Which function is the defining characteristic?
Medium of exchange: Money can be used for buying and selling goods and
services. If there were no money, goods would have to be exchanged throu
PROBLEM SET 4
1) Explain the difference between a budget deficit and the national debt.
A budget deficit is when the government spending is higher than the revenue for any
givenperiod or year. The national debt is the total of all unpaid deficits
Los controles son asunto de todos
Pero ese no es mi trabajo! Este anuncio es ciertamente no es algo que uno
esperara or de un empleado valioso y productivo. Y, sin embargo, se Sera
ingenuo que la mayora de los empleados nunca sugerir tener un pensamiento.