Business value of economic indicators
Question: Please describe 3 economic indicators, and explain the business value of economic indicators.Provide a 350-450 word explanation please. I just need your input (please provide your own input not just a list of references.
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Assume last year's real GDP was $7,000 billion, this year's nominal GDP is $8,820 billion, and the GDP-deflator for this year is 120. What was the growth rate of real GDP? Does this show an improvement in economic welfare? (Clearly explain your an
Question: Please describe 3 economic indicators, and explain the business value of economic indicators.
Question 1: Calculate the value of the price index for GDP for 2006 using 2005 as the base year. By what percent did prices increase? Question 2: Now calculate real GDP for 2005 and 2006 using 2006 prices. By what percent did real GDP grow?
British Prime Minister Lady Thatcher proposed a poll tax that levied an equal amount of tax on each citizen regardless of his or her income. This tax was repealed after a brief trial period. Why do you think this tax was unpopular? Discuss the pro
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The Federal Reserve (or "the Fed" for short) conducts monetary policy in the United States. That is, the Fed decides how much money to supply to the economy. When the Fed increases the money supply, money becomes more abundant and the costs of bor
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