1.) China with the annual growth rate of 6.7
2.) USA with 18.67 trillion US dollars.
3.) Treat y and Z as constant when taking partial derivative with respect to x
right option is (c)
4.)
5.) Option (b) is the right answer.
Reason : Trend in GDP for study of economics growth because it will give tell you how economy has been performing in the past years and what is the expected performance. While for study of business cycle we study the deviations from trend in GDP whether there has been any fluctuations in the upward and downward trend in the economy during the period of boom and recession.
Multiple Choice Questions (10%) 1. Which country has experienced the highest GDP growth in recent years?...
4) Which country has had the fastest growth of research activity over the last 15 years? a. China. b. South Korea. c. Russia. d. The United States. 5) Which of the following is an important ingredient for a poverty trap based on beliefs? a. Diminishing returns to capital. b. Strong complementarities between the actions of different people and firms. c. A corrupt government. d. Decisions that have payoffs today. 6) Which of the following features helps explain why sustained improvements...
Please solve the final answer for all following 8 multiple choice questions 1. The Future challenge of Food Security in the UAE relates to O The increasing size of the UAE population and the resulting increasing demand for food O How to improve domestic agricultural production O The stability of global food trade system O All of the above O There will not be any food security challenge for UAE at all in the future 2. When a total real...
10. Which of the following would by itself. reveal the most about a. Its level of capital. b. The number of hours worked. c. Its availability of natural resources. d. Its productivity. the most about a country's standard of living? 11. Which of the following is correct? Although levels of real GDP per person vary substantially from country to country the growth rate of real GDP per person is similar across countries. b. Productivity is not closely linked to government...
(1) Playing with data: Download quarterly, seasonally adjusted data on US real GDP, personal consumption expenditures, and gross private domestic investment for the period 1947q1 - 2010q2. You can download these series from the Bureau of Economic Analysis (BEA) or the St. Louis Fed FRED database. (a) Take the natural logarithm of each series (ì=ln(series)î in Excel) and plot each against time. Which series appears to move around the most? Which series appears to move around the least? (b) The...
Please help me answer theses practice questions QUESTION 2 Which of the following can a country implement to protect local industries (e.g. bicycles) according to the video on the deceptive promise of free trade? Border walls local training programs to strengthen local industries protectionist policies such as tarrifs creating a high minimum wage locally governments can't do anything QUESTION 3 Which of the following European countries has a trade surpluse with the US as well as most other European countries...
Please solve the final answer for all following 10 multiple choice questions Which argument does not refer to Preferential Trade Agreements (PTAs)? O PTA reduces trade barriers among members but discriminate against non-member countries O PTA promotes regionalism and is as such against the idea of multilateralism in trade O Some people view that the formation of regional trade agreements (RTAs) undermine the WTO O PTA encourages regionalism and it is harmful since it leads to trade diversion O All...
[40 MARAUT ECTION A Answer ALL questions in this section. (20 Marks) QUESTION 1 1 to 1 10 in your answer book Choose the most appropriate answer. Write down numbers write the letter that represents the correct answer. E.g. 1.11 A iswer book and next to each number 1.1 The rise in the value of one currency in relation to another is: a) Depreciation of the currency. b) An appreciation of the currency. c) A debasement of the currency. d)...
SECTION A [40 MARKS] Answer ALL questions in this section. QUESTION 1 (20 Marks) Choose the most appropriate answer. Write down numbers 1.1 to 1.10 in your answer book and next to each number write the letter that represents the correct answer. E.g. 1.11 a 1.1 Which one of the following statements is incorrect? a) b) c) The three major flows in the economy are total production, total income and total spending There are two sets of markets in a...
MULTIPLE CHOICE 1) Which of the following is NOT an investment as defined in the text? A) a certificate of deposit issued by a bank B) a new automobile C) a United States Saving Bond D) a mutual fund held in a retirement account 2) Which of the following is NOT traded in the securities markets? A) stocks B) bonds C) derivatives D) real estate 3) The governmental agency that oversees the capital markets is the A) Federal Trade Commission....
Multiple-Choice Questions (worth two points each) 1. Which of the following describes the process in which one adopts patterns of behavior that lead to greater life satisfaction? A. wellness B. health C. social determination D. self-efficacy 2. The Stages of Change Model of health behavior change emphasizes that A. change happens as a process. B. people change only when faced with an illness. C. change occurs only when the environment supports it. D. changes are more effective when based on...