1-In the long run, what is the theoretical relationship between the rate of growth in real GDP and the real rate of interest?
A) Over the long run, rates of growth in real GDP and the real interest rate should be equal.
B)There is little correlation between rates of growth in real GDP and the real interest rate.
C)Rates of growth in real GDP and the real interest rate have both historically been approximately 5% in the United States....
explain the relationship between real GDP and potential GDP and
between the unemployment rate and the natural unemployment rate as
the economy moves through a business cycle.
Briefly discuss the foundations of relationship between
inflation, unemployment and GDP growth. Give examples at country
level. () *Use diagrams where relevant.
4. What is the difference between the growth rate of nominal
GDP, growth rate of real GDP and growth rate of real GDP per
capita? What are the determinants of the last one? Find out the
growth rate of U.S. Real GDP per capita for 1980-2019 and plot them
into a graph.
Compare the GNI Index PPP and GDP PPP between Brazil and the United
States for years 2015 and 2016.
GNI per capita PPP Brazil for 2015 is:
GNI per capita PPP United States for 2016 is:
GDP per capita PPP Brazil for 2015 is:
GDP per capita PPP United States for 2016
is:
Is the relationship between changes in spending and changes in
real GDP in the multiplier effect a direct (positive) relationship
or is it an inverse (negative) relationship? How does the size of
the multiplier relate to the size of the MPC? The MPS? What is the
logic of the multiplier-MPC relationship? (answer in
your own words)
Is the relationship between changes in spending and changes in
real GDP in the multiplier effect a direct (positive) relationship,
or is it an inverse (negative) relationship? How does the size of
the multiplier relate to the size of the MPC? The MPS? What is the
logic of the multiplier-MPC relationship? How does it relate to the
economy today?