TABLE 12.14Legislative Election Results in Germany, 2002PartyParty of Democratic Socialism (PDS)Greens (G)Social Democratic Party (SPD)SeatsIdeology2Most left55251Christian Democratic Party (CDU/CSU)248Free Democratic Party (FDP)Total47Most right603Source: Inter-Parliamentary Union Database (2015).12. Angela Merkel, leader of the Christian Democratic Party, has been chancellor (primeminister) of Germany since 2005. As of the writing of this chapter, she is still in office.Her first government, formed in 2005, was a coalition between the CDU/CSU and theSPD. (See Table 12.14 for the policy positions of the parties.) Her second government,formed in 2009, was a coalition between the CDU/CSU and the FDP. Her thirdgovernment, formed in 2013, was once again a coalition between the CDU/CSU andthe SPD. Using Internet or other resources, explain why Merkel's governmentcoalitions took the form that they did following the 2005, 2009, and 2013 legislativeelections.

Step 1: Assessment of Election Results: The first step is to analyze the results of the legislative…

Answered: TABLE 12.14 Legislative Election…

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

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Calculate total GDP for this economy given the following components of demand. Round your answer to the nearest tenth and enter the value in trillions of dollars. Components of GDP on the Demand Side (in trillions of dollars) Consumption Investment Government spending Exports Imports Provide your answer below: trillion Total GDP 12.9 3.8 4.2 3.0 4.2 ?
[Related to Don't Let This Happen To You!] Use the data for the country of New Finlandia in the following table to calculate the following: REAL GDP PER CAPITA (2005 PRICES) YEAR 2010 2011 2012 2013 2014 $41,618 42,736 42,145 43,487 43,186 (HINT: Remember from the previous chapter that the average annual growth rate for relatively short periods can be approximated by averaging the growth rates of those years.) a. The percentage increase in real GDP per capita between 2010 and 2014 is %. (Enter your response rounded to two decimal places.) b. The average annual growth rate in real GDP per capita between 2010 and 2014 is %. (Enter your response rounded to two decimal places.)
Consider an economy with a corn producer, some consumers, and a government. In a given year, the corn producer grows 30 million bushels of corn and the market price for corn is $5 per bushel. Of the 30 million bushels produced, 20 million are sold to consumers, 5 million are stored in inventory, and 5 million are sold to the government to feed the army. The corn producer pays $60 million in wages to consumers and $20 million in taxes to the government. Consumers pay $10 million in taxes to the government, receive $10 million in interest on the government debt, and receive $5 million in Social Security payments from the government. The profits of the corn producer are distributed to consumers.(a) Calculate GDP using (i) the product approach, (ii) the expenditure approach, and (iii) the income approach.(b) Calculate private disposable income, private sector saving, government saving, national saving, and the government deficit. Is the government budget in deficit or surplus? Explain your…
Answer the question below
Use the following diagram to answer the next question. Businesses Resource Market (1) (3) (2) Government (7) (8) Product Market (5) (6) Multiple Choice Households In the diagram, solid arrows reflect real flows and broken arrows are monetary flows. Flow (4) might represent personal income taxes. investment spending by private corporations. the purchase of stealth bombers. the services of NASA astrophysicists.
Assume an economy with a coal producer, a steel producer, and some consumers. (There is no government.) In a given year, the coal producer produces 15 million tonnes of coal and sells it for $6 per tonne. The coal producer pays $70 million in wages to consumers. The steel producer uses 45 million tonnes of coal as an input into steel production, all purchased at $6 per tonne. Of this, 15 million tonnes of coal comes from the domestic coal producer, and 30 million tonnes is imported. The steel producer produces 20 million tonnes of steel and sells it for $35 per tonne. Domestic consumers buy 16 million tonnes of steel, and 4 million tonnes are exported. The steel producer pays consumers $40 million in wages. All profits made by domestic producers are distributed to domestic consumers. a. Determine GDP using (i) the product approach, (ii) the expenditure approach, and (iii) the income approach. (i) Using the product approach, the value added by the coal producer is $ million, the value…
How I measure NDP?
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In the ruins of an ancient Mesopotamian civilization, Dr. Jones has found what appears to be a partially intact government records about economic activity in the kingdom. From the recovered tablets, he learned that GDP was 12 billion, private consumption was 9.5 billion,transfers to poor were 1.5 billion, private investments were at 2.1 billion, government purchased goods and services in the amount of 1.7 billion and collect 3 million in taxes. Assuming the data are correct, what can you say about(a) net exports, (b) private savings, and (c) public savings. What do the numbers in (a), (b), and (c) mean?
Discuss how policymakers use national income data to make decisions about taxes, spending, and other economic policies.
* Assignment #16 NET WORTH Using the attached two articles on net worth: 1. Define net worth: 2. State a comparative analysis of net worth by race and ethnicity: 3. Describe how wealth measured in income, assets, and debts held by families affects the life chances of White, Black, Asian, Latino families. 4. How does 'net worth' affect the lives of people intersectionally? How does it affect your life chances? (use social indices) DELL Dr's Office/Units/ State Numbers
4. Do you think that incomes and purchasing power are related? Are companies required to pay their employees more to compensate for higher costs of living?

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