% change 71=(192-190)/190*100=1.05%
1972=(196-192)/192*100=2.08%
1973=(204-196)/196*100=4.08%
1974=(206-204)/204*100=0.98%
1975=(202-206)/206*100=-1.94%
1976=(200-202)/202*100=-0.99%
1977=(202-200)/200*100=1%
1978=(210-202)/202*100=3.96%
Plot the points on graph basis the above-
Contraction in year 1975-1976 when real GDP falls and growth rate below zero
In 1978 growth rate is at 3.96% hence economy is in Expansion phase; Recovery is seen in 1977 when growth rate turn positive,contraction happen in 1975-76 and we can not term it peak since we do not have details for 1979
The following table shows data on a hypothetical country's Real GDP from 1970 through 1978: Real...
The following table shows data on a hypothetical country's real GDP from 1980 through 1988:YearReal GDP(Billions of Dollars)198046019814751982480198349019845101985515198650519875001988505The green line on the following graph shows the economy's long-term growth trend.Use the blue points (circle symbol) to plot the real GDP in each of the years listed. (Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically.) Next, place the black point (plus symbol) on the graph to indicate the...
Pls help me graph rate of change in real gdp and answer those questionsCalculate the percentage change in real GDP in each of the years shown. (Hint: The percentage change in real GDP equals the change in GDP from the previous year to the current year. For example, you can calculate the percentage change for 1981 by finding the change in GDP from 1980 to 1981, dividing this change by the level of GDP in 1980, and then multiplying the...
1. Economic fluctuations and growth Real GDP (Billions of dollars) 376 380 388 408 404 Year 2000 2001 2004 2005 2006 2007 2008 400 412 The grey line on the following graph shows the economy's long-term growth trend Use the blue points (circle symbol) to plot the real GDP in each of the years listed. Be sure to plot from ieft to right. Line segments will automatically connect the points. Next, place the green triangle on the graph to indicate...
Please let me know if I solved anything incorrectly, and what’s the right way to do it The following table shows data on a hypothetical country's real GDP from 2000 through 2008: Aggregate Output (Billions of Dollars) 186 190 192 202 200 194 196 200 202 Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 The green line on the following graph shows the economy's long-term growth trend. Use the blue points (circle symbol) to plot the real GDP...
Please clearly label the graphs and show all the work. Thank you :) 2. Economic fluctuations and growth The following table shows data on a hypothetical country's real GDP from 1980 through 1988: Year 1980 1981 1982 1983 1984 1985 1986 1987 1988 Real GDP (Billions of Dollars) 465 475 480 505 500 485 490 500 505 The green line on the following graph shows the economy's long-term growth trend Use the blue points (circle symbol) to plot the real...
The following table shows the average nominal interest rates on six-month Treasury bills between 1971 and 1975, which determined the nominal interest rate that the U.S. government paid when it issued debt in those years. The table also shows the inflation rate for the years 1971 to 1975. (All rates are rounded to the nearest tenth of a percent.) Year Nominal Interest Rate Inflation Rate (Percent) (Percent) 1971 4.5 4.2 1972 4.5 3.3 1973 7.2 6.3 1974 8.0 11.0 1975...
YearOMN197011266197176221972632319735051197473381975802219768360197793611978965919791092719801149919811280319821276619831242319841306419851403219861019219871005419888809198992381990105911991991819921026319931004519949747199510199199611054199711784199811560199913501200016173200116853200218508200320329200425768200526647200638458200740960200847136200938538201040305201144477201247334201344979201440855201532460201629939201728249
Consider the following rates of return for the period from 1970 through 1975 (taken from Table 12.1 in your textbook): Year Large-Company Stocks U.S. Treasury Bills 1970 1971 1972 1973 1974 1975 3.94% 14.30 18.99 -14.69 26.47 37.23 6.50% 4.36 4.23 7.29 7.99 5.87 What was the average risk premium over this period for large-company stocks? (Negative amount should be indicated by a minus sign. Enter your answer as a percentage, omit the "%" sign in your response, and round...
Consider the following rates of return for the period from 1970 through 1975 (taken from Table 12.1 in your textbook): Year Large-Company Stocks U.S. Treasury Bills 1970 3.94% 6.50% 1971 14.30 4.36 1972 18.99 4.23 1973 -14.69 7.29 1974 -26.47 7.99 1975 37.23 5.87 What was the average risk premium over this period for large-company stocks? (Negative amount should be indicated by a minus sign. Enter your answer as a percentage, omit the "%" sign in your response, and round...
The following table gives the bushels of corn per acre, y resulting from the use of the various amounts of fertilizer in pounds per acre, x, produced on a farm in each of 10 years from 1971 to 1980. Year n y x 1971 1 40 6 1972 2 44 10 1973 3 46 12 1974 4 48 14 1975 5 52 16 1976 6 58 18 1977 7 60 22 1978 8 68 24 1979 9 74 26 1980...