Homework Answers
Q7)
(a) Years in which economy expanded are all years in which the % change in real GDP is positive
= 1983-1989, 1992-2008, 2010-2012
(b) Years in which economy contracted are all years in which the % change in real GDP is negative
= 1982, 1991, 2009
(c) peaks are years before which the growth rate is increaisng and after which the growth rate decreases.
= 1984, 1987,1988, 1994, 1997, 1999, 2000, 2002, 2005, 2010
(d) Troughs are years before which the growth rate is decreaisng and after which the growth rate increases.
= 1986, 1991, 1996, 1998, 2001, 2003, 2009
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7. Study the table below and identify the following: a. years in which the economy expanded...
The following table shows data on a hypothetical country's real GDP from 1980 through 1988:
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...
In the graph below of the Number of Voluntary Bankruptcies Filed during 1981-1994, which statement best...
In the graph below of the Number of Voluntary Bankruptcies Filed during 1981-1994, which statement best describes the information presented in the line graph? 1000 900 800 700 600 500 400 300 200 100 0 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 Year The amount of money bankrupt people owed from 1981 to 1992 increased then decreased The 1980's proved to be a time in which people did not file for bankruptcy but...
The following table shows the inflation rate and unemployment rate, both in percent, for the years...
The following table shows the inflation rate and unemployment rate, both in percent, for the years 1981-2008. We will investigate some methods for predicting unemployment. 4.4 X (L1) y (L2) Year Inflation Unemployment 1981 8.9 7.6 1982 3.8 9.7 1983 3.8 9.6 1984 3.9 7.5 1985 3.8 7.2 1986 1.1 7 1987 6.2 1988 4.4 5.5 1989 4.6 5.3 1990 6.1 5.6 1991 3.1 6.8 1992 2.9 7.5 1993 2.7 6.9 1994 2.7 6.1 1995 2.5 5.6 1996 5.4 1997...
The following table gives the percentage, P, of households with a television set that also have a...
The following table gives the percentage, P, of households with a television set that also have a VCR. (Unlike the data in your textbook, this data is ficticious) 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 |605 Year % having VCR 0.2 0.4 0.8 1.4 2.9 5.4 9.5 16.7 25.4 37.9 46.5 53.8 56.7 (a) During what year does the point of "diminishing returns" (G.e., the inflection point) appear to take place? During the...
The record of average yearly flow for 15 years of a river is given in table-1....
The record of average yearly flow for 15 years of a river is
given in table-1. If the available head is 14 m, construct the flow
duration curve and power duration curve for the river.
1 Table-1 S. No. 3 4 5 Year 1980 1981 1982 1983 1984 Flow (Cumecs) 500 665 550 479 875 6 1985 655 7 1986 1000 8 1987 1250 9 1988 900 10 1989 700 11 1990 850 12 1991 1050 13 1992 985 14...
QUESTION 3 Use the data given below to answer the following question(s). The worldwide sales of...
QUESTION 3 Use the data given below to answer the following question(s). The worldwide sales of cars from 1981-1990 are shown in the table below. Given: α = 0.2 and β = 0.15 (Hint: Use XLMiner) Units sold in Year thousands 1981 888 1982 900 1983 1000 1984 1200 1985 1100 1986 1300 1987 1250 1988 1150 1989 1100 1990 1200 For the given data, what is the sales forecast for the year 1992 (in thousands)? 1256.87 1317.91 1285.74 1350.08
5.6 Year 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994...
5.6 Year 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 x (L1) y (L2) Inflation Unemployment 8.9 7.6 3.8 9.7 3.8 9.6 3.9 7.5 3.8 7.2 1.1 7 4.4 6.2 4.4 5.5 4.6 5.3 6.1 3.1 6.8 2.9 7.5 2.7 6.9 2.7 6.1 2.5 5.6 3.3 5.4 1.7 4.9 1.6 4.5 2.7 4.2 4 1.6 4.7 2.4 5.8 1.9 6...
The data set on the right contains the real per capita GDP for 2 countries from the Penn World Table (PWT) version 9.1 (Feenstra et al., 2015). The column names are the country codes, OMN and PSE. You may copy the dataset to Excel or R to do the computati
YearOMN197011266197176221972632319735051197473381975802219768360197793611978965919791092719801149919811280319821276619831242319841306419851403219861019219871005419888809198992381990105911991991819921026319931004519949747199510199199611054199711784199811560199913501200016173200116853200218508200320329200425768200526647200638458200740960200847136200938538201040305201144477201247334201344979201440855201532460201629939201728249
Please clearly label the graphs and show all the work. Thank you :) 2. Economic fluctuations...
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...
Listed below are the numbers of people who have been executed in the US in each...
Listed below are the numbers of people who have been executed in the US in each year from 1976 (the year the US Supreme court’s decision allowing the death penalty to be carried out) to 1994. Use the data to create a chart of execution per year. How has the number of execution varied since 1976? (using excel) Year Number of executions Year Number of executions 1976 0 1986 18 1977 1 1987 25 1978 0 1988 11 1979 2...
In the graph below of the Number of Voluntary Bankruptcies Filed during 1981-1994, which statement best describes the information presented in the line graph? 1000 900 800 700 600 500 400 300 200 100 0 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 Year The amount of money bankrupt people owed from 1981 to 1992 increased then decreased The 1980's proved to be a time in which people did not file for bankruptcy but...
The following table shows the inflation rate and unemployment rate, both in percent, for the years 1981-2008. We will investigate some methods for predicting unemployment. 4.4 X (L1) y (L2) Year Inflation Unemployment 1981 8.9 7.6 1982 3.8 9.7 1983 3.8 9.6 1984 3.9 7.5 1985 3.8 7.2 1986 1.1 7 1987 6.2 1988 4.4 5.5 1989 4.6 5.3 1990 6.1 5.6 1991 3.1 6.8 1992 2.9 7.5 1993 2.7 6.9 1994 2.7 6.1 1995 2.5 5.6 1996 5.4 1997...
The following table gives the percentage, P, of households with a television set that also have a VCR. (Unlike the data in your textbook, this data is ficticious) 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 |605 Year % having VCR 0.2 0.4 0.8 1.4 2.9 5.4 9.5 16.7 25.4 37.9 46.5 53.8 56.7 (a) During what year does the point of "diminishing returns" (G.e., the inflection point) appear to take place? During the...
The record of average yearly flow for 15 years of a river is
given in table-1. If the available head is 14 m, construct the flow
duration curve and power duration curve for the river.
1 Table-1 S. No. 3 4 5 Year 1980 1981 1982 1983 1984 Flow (Cumecs) 500 665 550 479 875 6 1985 655 7 1986 1000 8 1987 1250 9 1988 900 10 1989 700 11 1990 850 12 1991 1050 13 1992 985 14...
5.6 Year 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 x (L1) y (L2) Inflation Unemployment 8.9 7.6 3.8 9.7 3.8 9.6 3.9 7.5 3.8 7.2 1.1 7 4.4 6.2 4.4 5.5 4.6 5.3 6.1 3.1 6.8 2.9 7.5 2.7 6.9 2.7 6.1 2.5 5.6 3.3 5.4 1.7 4.9 1.6 4.5 2.7 4.2 4 1.6 4.7 2.4 5.8 1.9 6...
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...
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