Activity 2 Statistics ReadingThe most major economic problem of our country today is the reduction of the GDP caused by thepandemic together with the other forces of the market and economic problem as seen in the databelow. Give your analysis and the ways you can think of to improve our economy?106.66.56.2-0.7-5-1-11.5-1-16.9-2Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020SOURCE: TRADINOECONOMCS.COMNATIONAL STATISTICS OFFICE OF PHILIPPINES1.What can you interpret about the GDP of the Philippines based on the Chart?2. What are the reasons of the decline in the GDP of our Country? List some concrete evidences basedon certain article or news.3. What do you think would happen in the GDP of the Philippines in the year 2022? List some of yourviews based on economic principles.||

A positive economic growth rate means the production of goods and services is increasing. A negative…

Activity 2 Statistics Reading The most major economic problem of our country today is the reduction of the GDP caused by th pandemic together with the other forces of the market and economic problem as seen in the dat below. Give your analysis and the ways you can think of to improve our economy? 6.6 6.5 6.2 6.7 5.6 5.5 -0.7 -11.5 -16.9 Jan 2018 Jul 2018 Jan 2019 Jul 2019 Jan 2020 Jul 2020 SOURCE: TRADINGECONOMCS.COMI NATIONAL STATISTICS OFFICE OF PHILIPPIN 1.What can you interpret about the GDP of the Philippines based on the Chart? 2. What are the reasons of the decline in the GDP of our Country? List some concrete evidences base on certain article or news.

Activity 2 Statistics Reading The most major economic problem of our country today is the reduction of the GDP caused by th pandemic together with the other forces of the market and economic problem as seen in the dat below. Give your analysis and the ways you can think of to improve our economy? 6.6 6.5 6.2 6.7 5.6 5.5 -0.7 -11.5 -16.9 Jan 2018 Jul 2018 Jan 2019 Jul 2019 Jan 2020 Jul 2020 SOURCE: TRADINGECONOMCS.COMI NATIONAL STATISTICS OFFICE OF PHILIPPIN 1.What can you interpret about the GDP of the Philippines based on the Chart? 2. What are the reasons of the decline in the GDP of our Country? List some concrete evidences base on certain article or news.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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3. Durable goods, nondurable goods, and services Economists look at any situation in terms of its component parts: the people making decisions, the environment in which they're making those decisions, and the goods or services being exchanged. For example, think about doing your laundry. Which of the following laundry-related items are services? Check all that apply. Having a dress shirt pressed Having a pair of pants dry-cleaned A T-shirt O A pair of socks
GRAPH Reset Capital Goods 17 Production Possibilities (Present) Production Possibilities (Future) 16 15 14 13 12 11 10 9 8 7 6 4 3 1 1 2 3 4 8 9 10 11 12 13 14 15 Consumption Goods More More Saving Consumption 1 2. 3 4 5 6 7 E CALCULATIONS Consumption Goods Produced 4.0 Capital Goods Produced 7.5 Instructions: Adjust the slider and gather information from the graph to answer the following questions. a) If a country produces 5 units of consumption goods, how many units of capital goods can it currently produce using all of its resources? b) If a country produces 6.1 units of capital goods, how many units of consumption goods can it currently produce? c) If a country produces 6.1 units of capital goods now, and it continues to produce 6.1 capital goods in the future, how many units of consumption goods can it produce in the future? report your answer to one decimal place d) If a country produces 9.4 units of capital goods now, and then it produces 6.1 capital goods in the future, how…
3/25/22, 10:54 PM Assignment Print View 3. The graphs below show the production possibilities frontiers for apples and peaches in Italy and Turkey. (i Italy's Production Possibilities 4.0 3.6 3.2 2.8 A 2.4 2.0 1.6 1.2 0.8 0.4 Peaches (millions of tons) https://ezto.mheducation.com/hm.tpx?todo=c15SinglePrintView&singleQuestionNo=3.&postSubmissionView=13252718360410217&wid=13252718466068729&rol... 1/3 5.2 4.8 4.4 Y4.0 3.6 3.2 2.8 2.4 2.0 1.6 0.8 0.4 Apples (millions of tons)
(Shape of the PPF) Suppose a production possibilitiesfrontier includes the following combinations:Cars Washing Machines0 1,000100 600200 0a. Graph the PPF, assuming that it has no curvedsegments.b. What is the cost of producing an additional car when50 cars are being produced?
please do d and e
3) Compare the lives of sugar producers in the Americas and gold miners in Africa. How did these products affect livelihoods in each region? How did sugar and gold transform global economy? Sources:
Don't use chatgpt or chatgpt-4 or other ai tool. If you know correct answer then attempt if you gave wrong answer I will give 17 dislikes and more from my friends account.
2. Suppose we have the following data to study if a country's per capita income (measured in thousands of dollars) is a function of its R&D spending (measured as a percentage of GDP). ( country 1 2 3 4 xi yi 1 4 2 6 3 7 4 10 (1) Calculate beta hats with OLS. (2) Calculate R2 and adjusted R².
5. Given the following income data, please answer the questions below. Real GDP Consumption Ig Government Exports $5000 $12000 $7000 $7000 $5000 $12000 $5000 $12000 $5000 $12000 $7000 $7000 $5000 $12000 $7000 $100000 $116000 $140000 $148000 $180000 $180000 $220000 $212000 $260000 $244000 Imports $16000 $16000 $16000 $16000 $16000 a. Solve for net exports in each row. b. Solve for aggregate expenditures (AE) in each row. c. State the value for the equilibrium GDP. d. If imports were to increase by $16000 so they are now equal to $32000, solve for net exports again. e. With this new export value, solve for aggregate expenditures in each row. f. State the value for the new equilibrium GDP. g. Solve for the multiplier (you can solve for either the actual or simple multiplier).
7.
14)Suppose that the annual rates of growth of real GDP of Econoland over a five-year period are as follows: Year Growth Rate (%) 1 3 2 1 3 – 2 4 4 5 5 Instructions: Round your answers to 2 decimal places. a. What was the average of these growth rates in Econoland over these 5 years? b. What term would economists use to describe what happened in year 3? (Click to select) Expansion Recession c. If the growth rate in year 3 had been a positive 2 percent rather than a negative 2 percent, what would have been the average growth rate?
9. Study Questions and Problems #9 The following graph shows a production possibilities curve for a hypothetical less-developed country. Suppose that initially the economy is at point W. Then, suppose that an inflow of external funds from abroad permits the country to increase its capital from $3 billion to $5 billion. CAPITAL GOODS (Billions of dollars per year) 10 9 Z PPC 0 0 1 2 3 4 6 7 8 CONSUMPTION GOODS (Billions of dollars per year) 5 9 10 (?) Complete the following paragraph to explain how external financing helps the poor country achieve economic growth and development When the country is operating with only enough capital to replace depreciation, its consumption level is economy grow by reducing consumption. An inflow of external funds from abroad its subsistence level. Thus, the capital, and its production possibilities curve which Given your analysis, the country's economy will move to point production of