Use NBER definition of recession to determine Venezuelas recessions during a period 1960-2016.
Use NBER definition of recession to determine Venezuelas recessions during a period 1960-2016.
Homework Answers
NBER defines recession as the significant decline in the economy of the country which can be viewed in GDP, unemployment rate etc. According to the definition Venezuela recession can be clearly seen in the decrease in GDp as well as the currency value where the recession lasts for years together and this gets to reduce the GDP I'm the current recession by 10 percent making it the worst economy of all time
Also the currency value of the country is currently decreased highly and this is the same with the case since 1960s where the country is currently nearing a break even point where it could no longer pay its debts on the whole.
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Use NBER definition of recession to determine Venezuelas
recessions during a period 1960-2016.
1. Explain the difference between economists’ definition of a recession as given by NBER and the...
1. Explain the difference between economists’ definition of a recession as given by NBER and the definition used by journalists. 2. Explain the Dollar-Kraay results. 3. What are the implications of Solow’s Big Surprise for rich countries? For poor countries?
Now graph the unemployment rate (FRED code: UNRATE). Describe how the unemployment rate moves during a recession. What about just after a recession? Is the behavior the same in all the recessions?
Now graph the unemployment rate (FRED code: UNRATE). Describe how the unemployment rate moves during a recession. What about just after a recession? Is the behavior the same in all the recessions?
Instructions: find the below questions for Finland. You may use the FRED, the World Development Indicators...
Instructions: find the below questions for Finland. You may use the FRED, the World Development Indicators (WDI) database by the World Bank, OR the OECD.Stat database to respond to the following questions. 1) Generate a graph for Finland, showing how its real GDP (in level, US$) has evolved since the initial year with available data (usually in 1960s or 1970s). 2) Add a measure for physical capital, human capital, and labor productivity and explain which one has been the main...
During recessions, the official unemployment rate may not adequately reflect the true state of workers in...
During recessions, the official unemployment rate may not adequately reflect the true state of workers in the labor market. Data on the official unemployment rate and percentage of unemployed, underemployed, and discouraged workers are provided below. Official unemployment rate Total percentage of the labor force who are either unemployed, underemployed, or discouraged workers 8.4% 5.5% Using the data above, calculate the percentage of discouraged and underemployed workers. Percentage of discouraged workers and underemployed workers: % Unemployment and the Labor Force...
During a period of recession, a federal government surplus should retire debt owed a. the Federal...
During a period of recession, a federal government surplus should retire debt owed a. the Federal Reserve. b. commercial banks. c. the general public. d. the Federal Deposit Insurance Corporation.
3. During the period 1973-1975, the United States experienced a deep recession with a simultaneous shaip rise in the pr...
3. During the period 1973-1975, the United States experienced a deep recession with a simultaneous shaip rise in the price level. Would you conclude that the recession was the result of a supply shock or a demand shock? Illustrate, using AD-AS analysis. (10 points)
During a period of recession the Federal Reserve 1. increases the target federal funds rate 2....
During a period of recession the Federal Reserve 1. increases the target federal funds rate 2. buys government securities 3. sells government securities 4. lowers the target federal funds rate
Determine the limit and then use the definition to verify it
Determine the limit and then use the definition to verify it
Instructions: Use the data tool to answer the questions below. Choose one, two or several series...
Instructions: Use the data tool to answer the questions below. Choose one, two or several series as directed and press 'Plot Reset in between activities. Economic Data (1960- 2017) ECONOMIC DATA (1960-2017) Recessions Off Legend 24% 20% 16% 12% 8% 4% 0% -4% 1980:0 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 1980 1960 2017 ※ SETTINGS □Moody's Baa LT Rate Real GDP Growth Rate of Inflation □ Unemployment Rate □ M1 Money Growth 1M2 Money...
Use the following data to compute ROPI for Intel Corporation for 2016 through the terminal period....
Use the following data to compute ROPI for Intel Corporation for
2016 through the terminal period. Assume that the company's
weighted average cost of capital is 9%.
Actual
Horizon Period
Terminal
$ millions
2015
2016
2017
2018
2019
Period
Sales
$55,910
$61,999
$68,143
$74,215
$79,406
$80,955
NOPAT
11,621
13,851
14,526
15,802
16,103
15,609
NOA
51,488
57,157
62,873
68,521
72,674
74,101
Round answers to the nearest whole number.
Forecast Horizon
Terminal
($ millions)
2016
2017
2018
2019
Period
ROPI
Question 2...
During recessions, the official unemployment rate may not adequately reflect the true state of workers in the labor market. Data on the official unemployment rate and percentage of unemployed, underemployed, and discouraged workers are provided below. Official unemployment rate Total percentage of the labor force who are either unemployed, underemployed, or discouraged workers 8.4% 5.5% Using the data above, calculate the percentage of discouraged and underemployed workers. Percentage of discouraged workers and underemployed workers: % Unemployment and the Labor Force...
3. During the period 1973-1975, the United States experienced a deep recession with a simultaneous shaip rise in the price level. Would you conclude that the recession was the result of a supply shock or a demand shock? Illustrate, using AD-AS analysis. (10 points)
Determine the limit and then use the definition to verify it
Instructions: Use the data tool to answer the questions below. Choose one, two or several series as directed and press 'Plot Reset in between activities. Economic Data (1960- 2017) ECONOMIC DATA (1960-2017) Recessions Off Legend 24% 20% 16% 12% 8% 4% 0% -4% 1980:0 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 1980 1960 2017 ※ SETTINGS □Moody's Baa LT Rate Real GDP Growth Rate of Inflation □ Unemployment Rate □ M1 Money Growth 1M2 Money...
Use the following data to compute ROPI for Intel Corporation for
2016 through the terminal period. Assume that the company's
weighted average cost of capital is 9%.
Actual
Horizon Period
Terminal
$ millions
2015
2016
2017
2018
2019
Period
Sales
$55,910
$61,999
$68,143
$74,215
$79,406
$80,955
NOPAT
11,621
13,851
14,526
15,802
16,103
15,609
NOA
51,488
57,157
62,873
68,521
72,674
74,101
Round answers to the nearest whole number.
Forecast Horizon
Terminal
($ millions)
2016
2017
2018
2019
Period
ROPI
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