Kelly - ECO 2307 Homework 4 - Fall 2022

The economic activity of a country is often quantified as the gross domestic product (GDP), which is the sum of private and government consumption, investments, and net exports (the value of exports minus the value of imports). For a developed country such as the United States, economists might see a GDP growth rate of 3% a year as reasonable. However, production and consumption create some pollution. By how much would pollution per dollar of GDP have to decline for pollution levels 50 years from now to be the same as current levels, assuming a 3% annual growth rate of GDP? In 75 years? In 100 years? (Hint: Let the current pollution level be 1 and find out what the future pollution level would be).

In the last century, Tunisia’s Gross Domestic Product (GDP) has grown rapidly on average 5% per annum. However, as a result of the political, economic and geopolitical turmoil faced, the economic situation of the country has been affected since 2009. GDP per capita in 2009 was USD4130. While in 2017, GDP per capita Tunisia is USD3491.   In a situation that remains the same, how many years will Tunisia be able to doubling the per capita GDP achieved in 2009?

Need help with Macroecomics multiple choice question!  14. What is an important reason for the rise in prices (inflation) in Canada since 1913.    a)The Government of Canada keeps increasing prices according to a pre-determined formula.          b) The prices of raw materials have increased due to global warming and its associated environmental effects.       c)Canada no longer backs its currency with gold.d) None of the above. 15. Which of the following policies is LEAST likely to cause economic growth?(A) The extraction and export of natural resources.(B) Government investment in roads and electricity.(C) Making it easier for businesses to legally register.(D) Government monopolization of the financial industry.

Between 2006 and 2007, GDP per capita in Afghanistan increased from $381 to $439. We estimate the growth rate of GDP to be: a)  7.07%. b)  13.21%. c)  14.15%. d)  15.22%.

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In year 0, Country A has a real GDP per capita of $1,600. If Country A grows at a constant rate of 6% per year and Country A's population remains constant, what is Country A's real GDP per capita by year 20? (Round to the nearest dollar.) Provide your answer below:   $$$2042  Answer neatly with proper explanation of it

March is Women's History Month and March 8 is International Women's Day. On your own, find out about how this celebration got started. Next, use this website to learn about a woman in history whom you have not heard of before now. Without plagiarizing from the website--that is, use all your own words-- write us a short letter of about 100 words (Begin with Dear Friends in ENG 100 and Dr. Fisher:) to tell us about three facts about this woman and to describe, specifically, why you find her story remarkable and inspiring.

How many times greater was the GDP in 2004 than in 1950? By how many times did the GPI increase between 1950 and 2004? What does this comparison tell you?

Select one or more: a. The trend growth rate over the period was around 2.14 % per annum. b. The graph shows that in 1950 UK GDP per capita was about £8.75. c. When actual output is below trend output the economy is in recession. d. The trend growth rate over the period was 0.9889% per annum.

What do you think is the greatest challenge that our Philippine economy is facing right now? As a responsible citizen, what could be your contribution that you think has far-reaching effects on the continuing economic development amidst this greatest challenge? Explain in at least 5 sentences

a) If a nation in which the volume of goods and services is growing by 5 percent per year and its if the population is growing more than 5 percent a year, the increase per capita will be more than 5 percent.     True   False         b) Individuals have two choices with their income: they can spend it or save it.    True   False

The advent of the COVID- 19 virus has brought about what is considered a “new normal” in the world and indeed in the Caribbean. In adapting to this “new normal,” many changes must take place if communities and nations are to successfully deal with the health, social, mental, educational, financial and economic etc. issues brought about by the virus. You belong to a Reflective/Reflexive learning team given the responsibility to lead the recovery process to deal with the “new normal” and bring positive educational changes to a selected Caribbean country. Use at least three Reflective/Reflexive models or theories and show how the knowledge, skills and competencies acquired could be used effectively to develop an Education Policy document to deal with the “new normal” and bring positive changes to the education system in the selected Caribbean country post COVID- 19. focusing on  Financial and Economic relevance. Training – Teachers, Students and others

In question 6) they also ask to calculate per capita consumption for China and New Zealand would have reached if it had applied GOLD RULE SAVINGS RATE.Please confirm.

onsider an imaginary economy that has been growing at a rate of 3% per year. Government economists have proposed a number of policies to increase the growth rate but first need to convince the president that the policies will pay off. To do so, they want to present a comparison of the number of years it will take for the economy to double, depending on the growth rate. Using the rule of 70, determine the number of years it will take the economy to double at each growth rate. Growth Rate Years Required to Double (Percent) (Nearest whole number of years) 3   4   5

12. The rule of 72 says that if something is growing by X% per period then it will double approximately every 72/X periods. The periods could be days, months, years, etc. In late February 2020 about 7,000 people outside of China had been infected with the COVID-19 virus and the number was increasing by 9% per day. If the growth rate stayed the same then how many times would be the number of infections double in the next 64 days? a. 8 times so about 56,000 people would be infected b. 1.125 times so about 15,000 people would be infected c. 1.125 times so about 8,000 people would be infected d. 8 times so about 1.8 million people would be infected

Given that the pandemic has greatly affected the economy, can we see some possible silver linings—from microeconomics in particular, to macroeconomics in general—that the Philippine economy will recover in the next years?

[item no.28] (Multiple Choice) Which among the following is true in sustainable development goals? a. SDGs is momentarily effectiveb. The main purpose of SDGs is to have the goals be individually achievedc. SDGs promotes universality

You have been tasked with developing a research report based on an economy of your choice anywhere in the world. The economy you select should be a growing economy or an economy that has experienced growth at some stage in its development. Present the finding of your research under the following headings.   BACKGROUND AND ECONOMIC FUNDAMENTALS  Here you should include background info regarding the economy you have chosen (including geographical location, size of the economy, standard of living in the economy, economic growth rates, problems facing the economy). Include facts about your chosen economy that you believe are relevant to the different subsections of your report. Your discussion should also clearly highlight the diff between micro and macroeconomics by identifying some aspects of your chosen economy's micro and macro economy.   (150 - 200 words)

(6) GDP grows at 4 percent per year in Afghanistan and at 2 percent per year in Iraq. In 2016, GDP in Afghanistan was half as large as GDP in Irac, that is, YA2016/YIraq2016= 0.5. When will Afghanistan catch up with Iraq?

Scenario With real GDP growth in the one percent range and pay raises basically nonexistent, you might think that you are doomed to a stagnant or even declining standard of living. But consider all the services at your fingertips that add to your quality of life. Tasks once done face-to-face or on the phone—shopping, booking hotels, flights, and taxis—can now be done with the tap of a button. Your parents had to visit the bank to deposit a check or withdraw cash. Today, people take a picture of a check, and then electronically deposit, and send money to others. Instructions Research the Gross Domestic Product (GDP) in the WCU online library and on the Internet. Governmental websites such as the Bureau of Labor Statistics (BLS) and The Bureau of Economic Analysis (BEA) may be useful. Write a two- to three-page paper in APA Style on GDP. Consider the following to guide your research and writing. What does Martin Feldstein say is wrong with the growth rate of real GDP per person as a…

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

To usher in a new era of transformative change for a more sustainable, equitable, and greener world, governments and financial markets have begun to demand a stronger integration of the SDGs (Sustainable Development Goals) in public and private investment decisions. The global economy is encouraged to move towards a build back better or divest from the use of nonrenewable energy resources like fossil fuel. Can our country do this? How? Do we have the resources and capacity to move towards the use of renewable sources of energy?

Please read the description and identify which region the text is referring to. Historically, this region has suffered from extreme poverty, which continues to this day. Growth has been effectively zero since the 1960s. Problems such as political instability, poor public health, and a lack of effective institutions have all contributed to its stagnation. Until the middle of the last century, these countries were relatively poor. Beginning in the mid 1970s, real GDP per capita growth has averaged 6% per year. The growth was achieved, in part, because of high levels of investment spending in the development of human and physical capital, and rapid technological progress. In the early 1990s, this region was in the middle of substantial social and economic reform. Countries in this region have experienced variable growth rates, depending on their ability to adapt to the modern market economy. In the early 20th century, this region was reasonably prosperous. Since that time, however, growth…