Question

"Your list provided the basis for a good conversation about the manufacturing operations," he says. "We want to know more about the economy of both countries to further inform our decision-making process." "That makes sense," you say. "The United States and South Korea hold many distinct economic factors that may affect AutoEdge's long-term financial performance." "Right," he says. "Your research on the two economies will give the board enough information so we can advise the new, incoming CEO." "What should my research include?" you ask. "In your research, you must take into consideration several macroeconomic factors," he says. "We want to see information about the gross domestic product (GDP), unemployment, interest rates, and inflation for both the United States and South Korea. Make sure your research is current; that is, no more than 6 months old."

Answer 1

Comparison of the Economy of United States and South Korea on the below mentioned macroeconomic factors :

	GDP	Unemployment	Interest Rates	Inflation
United States	$20.66 trillion with a GDP growth of 3.5%	3.7%	2.5%	2.5%
South Korea	$1.655 trillion with a GDP growth of 2.7%	3.7%	1.5%	1.9%