Statistics GDP per capita, constant prices Inflation, average consumer prices Unemployment rate % Statistics GDP per capita, constant prices Inflation, average consumer prices Unemployment Units rate S % % 2006 % 293,436 310,871 2 4.79 Units 2014 $ 2007 2.035 3.296 4.011 2008 316,323 3.315 4.303 3.519 4.424 2.991 2.409 2009 307,111 0.579 5.262 2010 X=386455 2015 2016 2017 2018 357,225 362,913 367,399 379,475 X 2.293 325,306 338,215 341,016 4.329 1.494 2.406 2011 3.393 3.127 2.815 5.305 3.421 2012 4.054 3.286 2.932 2013 349,647 4.338 Y=2.883% Z-5.828% Z 3.401 2021 2019 2020 378,226 359,647 380,584 Y 0.251 1.9 5.637 If United X launches the cash handout scheme by giving out 10,000 cash to all United X citizens. Assume everyone will spend out all the 10000 dollars for local purchase. Try to analysts the GDP per capita in 2022, inflation rate in 2022 and unemployment rate in 2022 and the long run economic growth changes in United X.
Statistics GDP per capita, constant prices Inflation, average consumer prices Unemployment rate % Statistics GDP per capita, constant prices Inflation, average consumer prices Unemployment Units rate S % % 2006 % 293,436 310,871 2 4.79 Units 2014 $ 2007 2.035 3.296 4.011 2008 316,323 3.315 4.303 3.519 4.424 2.991 2.409 2009 307,111 0.579 5.262 2010 X=386455 2015 2016 2017 2018 357,225 362,913 367,399 379,475 X 2.293 325,306 338,215 341,016 4.329 1.494 2.406 2011 3.393 3.127 2.815 5.305 3.421 2012 4.054 3.286 2.932 2013 349,647 4.338 Y=2.883% Z-5.828% Z 3.401 2021 2019 2020 378,226 359,647 380,584 Y 0.251 1.9 5.637 If United X launches the cash handout scheme by giving out 10,000 cash to all United X citizens. Assume everyone will spend out all the 10000 dollars for local purchase. Try to analysts the GDP per capita in 2022, inflation rate in 2022 and unemployment rate in 2022 and the long run economic growth changes in United X.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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