How impact the below factors for Secondary Education, General Pupils in Austria and United Kingdom ? (Both are European countries) * Government expenditure on secondary education * Gross domestic savings (% of GDP) * Labour force p.s. : not an essay, answer only
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How impact the below factors for Secondary Education, General Pupils in Austria and United Kingdom ? (Both are European countries)
* Government expenditure on secondary education
* Gross domestic savings (% of GDP)
* Labour force
p.s. : not an essay, answer only
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- wages and prices are which hellps the economy get back to potential GDP a- increasin technology b- increasing physical capita c- flaexible d- increasin human capitalThe table below presents a brief summary of City A’s total spending, local GDP, and population changes. Read the table and answer the following questions. 2010 2020 Total spending ($ million) 89 104.12 Local GDP ($ millions) 110 134 Population 50,000 56,275 CPI deflators (2012=1) 0.96 1.05 Calculate per capita spending in 2010 and 2020, respectively, using constant dollars. *Results round to the nearest dollar. 2010 per capita spending: 2020 per capita spending: 2. Calculate the compound annual growth rate of per capita spending from 2010 to 2020 3. Calculate spending-to-GDP ratios in 2010 and 2020, respectively. *Results round to the nearest 2 decimal places. 2010 spending-to-GDP ratio: 2020 spending-to-GDP ratio: Interpret what the two spending-to-GDP ratios tell us about City A’s spending trend. 4. Assuming City A’s population grows at a constant rate in the next decade.…INSTRUCTION Given the following data for the year 2020, compute for the: Birth rate Death rate Maternal mortality rate Fertility rate Infant mortality rate GIVEN: Live births = 300 infants Still births = 5 infants Deaths before 1 month old= 15 infants Women in their reproductive age = 2,000 women Total Population = 10,000 people Deaths = 100 people (across all age groups)
- State three ways used to measure the amount of economic activity in the economy GDP at factor price is greater than GDP at factor cost True or False?In 2019, the population increases, and labor hours supplied increase by 10 at each real wage rate. What are the equilibrium real wage rate, labor productivity, and potential GDP in 2019? In 2019, the population increases, and labor hours supplied increase by 10 at each real wage rate. Does the standard of living in this economy increase in 2019? Explain why or why not. Suppose the following data describe a nation's population: Year 1 Year 2 Population 300 million 305 million Labor force 150 million 160 million Unemployed 7 million 7.2 million a. What is the unemployment rate in each year? How has the number of unemployed changed from year 1 to year 2 (must give the specific amount of change)? How is this apparent discrepancy between (a) and (b) explained?You looked at many economic indicators, including data regarding unemployment, GDP, housing starts, and consumption spending. Which of the following economic indicators NOT including those four would you likely see to support this analysis of the economy? The consumer confidence index is likely rising Inflation (the general price level of goods and services) is likely increasing Stock share prices are likely decreasing New businesses are likely being opened
- The labor force is comprised of a)the total number of working age people b) the total number of employed people C) the total population in an economy d) the total # of people who are employed or unemployedWhich of the following is a common way of measuring the average standard ofliving? a. real GDP divided by the price level b. the unemployment rate plus the inflation rate c. the unemployment rate multiplied by the population d. real GDP divided by the populationConsider the following simple economy that produces only three goods: 2009 (Base Year) 2017 Product Quantity Price Quantity Price Denim pants 80 $40 100 $50 Wine 90 11 80 10 Textbooks 15 90 20 100 Real GDP LOADING... in 2017 equals $nothing.
- You have been employed as the chief economist for the economy UWI Land. The head statistician has provided you with the following information: Compensation of Employees 900 Consumption of goods 850 Corporate profits 400 Rent Income 125 Factor income paid to the world 325 Consumption of services 475 Factor Income received from the world 170 Residential investments 350 Indirect taxes 775 Non-residential investments 525 Subsidies 125 Government Expenditure 925 Depreciation 120 Imports 700 Net interest 75 Exports 300 Proprietors income 300 Calculate UWI Land’s GDP using (1) the Income and (2) the Expenditure Approach Question 2 (Activity 7.1) Suppose production and prices of food and clothing (the only two goods produced in this economy) in 2006 and 2007 are as follows: (base year = 2006) Year Quantity of Food Price of Food Quantity of Clothing Price of Clothing 2006 20 $15 15 $5 2007 60 $18 30 $6 Calculate: (i) nominal and real GDP in 2006 and…Calculate the quantity of labor employed, the real wage rate, and potential GDP.Consider a small economy composed of six people: Carlos, Deborah, Felix, Janet, Megan, and Larry. Each person's employment status is described in the following table. Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person’s status as employed, unemployed, “not in the labor force” (if not in the civilian labor force but still part of the adult population), or “not in the adult population” if not in the civilian adult population. Person Status Carlos is a 74-year-old professor. He teaches only one or two courses a year, but he's still pursuing an active research agenda. Deborah is a 42-year-old autoworker who was just laid off by her employer. She is trying to find any kind of job to help make ends meet. Felix is a 42-year-old accountant who has been out of work for almost a year. He became so discouraged that he gave up on his job search a couple of months ago. Megan is a 29-year-old who lost her job as an associate…
