Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 28 Sep 2017 My Price 10.00

police force

Part I

Assume that Country A has a population of 500,000 and only produces 1 good: cars. Country A produces 100,000 cars per year. The people in Country A purchase 90,000 cars, but there are not enough cars to fulfill all the demand. They decide to import 50,000 more. The government buys 25,000 cars for its police force, and 10,000 cars are bought by companies to transport employees to other locations to work. They also export 65,000 cars to nearby countries for sale. Discuss the following:

  • What is Country A’s GDP?
  • What is the composition of GDP by percentage?
  • What is the GDP per capita?
  • How does this relate to Keynesian economics?

Part II

Go to the Bureau of Economic Analysis at this Web site, and look up the latest new release for real GDP. Address the following questions after reading the latest release:

  • Where is the United States in the business cycle?
  • What is the real GDP today?
  • What is the largest component of GDP?
  • What is the smallest component of GDP?
  • What is the fastest growing component of GDP, and why?
  • What components of GDP were involved in the change from last month to this month?
  • What is the price index today?
  • What caused the change?

Please submit your assignment.

Answers

Maurice Tutor
(5)
Status NEW Posted 28 Sep 2017 02:09 PM My Price 10.00

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