Assignment: Economic Indicators
You are a junior executive of a new cellular phone carrier called Technologies of the Future (TOF) that competes in the same market as Verizon Wireless, AT&T, and T-Mobile. You are asked to write a professional document that discusses the concepts below.
o Define Gross Domestic Product (GDP).
o Differentiate between Real GDP and Nominal GDP.
o Explain how the GDP of the U.S. may influence the sale of smartphones by TOF.
o What percentage of the GDP is attributed to the sale of cellular phones (including carrier services) in the United States?
o Define the Human Development Index (HDI).
o Explain if the HDI has an influence on the sale of smartphones in the U.S.
o Which aspect of the HDI might influence the sale of smartphones?
o Identify the target audience for the sale of smartphones in the U.S.
Format your assignment according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.