Preview

Macroeconomics Final

Powerful Essays
Open Document
Open Document
1284 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Macroeconomics Final
Course name: Macroeconomics

FINAL
1. The two large macroeconomies I selected are China and the United States.

2a. GDP and GDP growth rate
Found on http://www.tradingeconomics.com/Economics/Interest-Rate.aspx?Symbol=CNY
China U.S. GDP per capita
2000- 949 34606
2001- 1021 34518
2002- 1106 34747
2003- 1209 35318
2004- 1323 36272
2005- 1452 37050
2006- 1612 37757
2007- 1811 38138
2008- 1963 38206
2009- NA NA

China U.S. GDP growth rate (avg)
2000- 7.68 4.15
2001- 7.45 1.08
2002- 8.05 1.83
2003- 9.43 2.48
2004- 9.50 3.58
2005- 10.08 3.08
2006- 10.98 2.65
2007- 12.08 2.13
2008- 9.13 0.43
2009- 7.63 -3.55 2b. Exchange Rates used http://www.x-rates.com/cgi-bin/hlookup.cgi to find info
US Dollar to Chinese Yuan
2000 -1 to 8.2795
2001 -1 to 8.2775
2002 -1 to 8.2766
2003 -1 to 8.28
2004 -1 to 8.2767
2005 -1 to 8.2765
2006 -1 to 8.0702
2007 -1 to 7.8051
2008 -1 to 7.2946
2009 -1 to 6.8295

2c. Inflation rates
Found on http://www.tradingeconomics.com/Economics/Inflation-CPI.aspx?Symbol=USD
CHINA US
JAN/DEC JAN/DEC
2000- -0.20/1.50 2.70/3.40
2001- 1.20/-0.30 3.70/1.60
2002- -1.00/-0.40 1.10/2.40
2003- 0.40/3.20 2.60/1.90
2004- 3.20/2.40 2.00/3.30
2005- 1.90/1.60 3.00/3.40
2006- 1.90/2.80 4.00/2.50
2007- 2.20/6.50 2.10/4.10
2008- 7.10/1.20 4.30/0.10
2009- 1.00/NA 0.00/NA

2d. Interest rate on short term government debt
Found on http://www.treas.gov/offices/domestic-finance/debt-management/interest-rate/yield_historical_2000.shtml and http://www.tradingeconomics.com/Economics/Interest-Rate.aspx?Symbol=CNY China (JAN at 1 year on all) U.S. (JAN at 1 year on all)
2000 – 5.85 6.09
2001 – 5.85 5.11
2002 – 5.85 2.28
2003 – 5.31 1.42
2004 – 5.31 1.31
2005 – 5.58 2.79
2006 – 5.58 4.38
2007 – 6.12 5.00
2008 – 7.47 3.17
2009 – 5.31 0.40

2e. Unemployment rate
Found on

You May Also Find These Documents Helpful

  • Powerful Essays

    where X and M are exports and imports of goods and services respectively, m is the marginal propensity to import, and all other variables have their usual meaning.…

    • 554 Words
    • 3 Pages
    Powerful Essays
  • Satisfactory Essays

    Econ Final

    • 369 Words
    • 2 Pages

    1. Graphically and verbally explain why an increase in retail sales during Christmas 2011 will boost GDP growth in Q1 2012.…

    • 369 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Levels of economic following the prolonged period of growth in 2007/08 were at 3.8%, levels of growth, this fell to 1.6% during the 2008/09 financial year as a result of the Global financial crisis and the subsequent decrease in exports, consumer spending and levels of investment. In 2009/10 this figure had risen to 2.1% primarily as a result of the continuing strong levels of growth in China through the GFC (6.2% shown in Diagram 2). 2011/12 saw level of economic growth rise strongly to 3.5%, a similar figure to that of pre GFC economic growth this came as a result of increased consumer spending, investment and the terms of trade for exports reached the highest level for 140 years in September 2011. This though did not last and in 2012/13 economic growth had fallen to 2.8% as a result of falling terms of trade and lower aggregate demand in the economy. Currently the level of economic growth in January 2014 is 2.3%, this figure represents a sub par performance.…

    • 3640 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    Macroeconomics Homework 3

    • 979 Words
    • 4 Pages

    (g) The publication and sale of a new college textbook. Included- The textbook is newly produced for final…

    • 979 Words
    • 4 Pages
    Better Essays
  • Good Essays

    21) In the early 1970s monetary growth was relatively stable yet unemployment and prices were quite unstable. This suggests that ?…

    • 753 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The US-China Business Council, US-China Trade Statistics and China 's World Trade Statistics thru 2010 https://www.uschina.org/statistics/tradetable.html…

    • 409 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Macroeconomics Homework 1

    • 916 Words
    • 4 Pages

    Principles of Macroeconomics Homework 1 Please write down your answers as clearly as possible. 1. Below are some data from the land of milk and honey. Year 2008 2009 2010 Price of Milk $1 $1 $2 Quantity of Milk 100 quarts 200 200 Price of Honey $2 $2 $4 Quantity of Honey 50 quarts 100 100…

    • 916 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    CARLSON sales analysis

    • 1077 Words
    • 8 Pages

    When looking at Carlson department store sales data, the last four months beginning September 1996 to September 1999 shows an increasing total sales, 10.55, 10.75, 11.05 and 11.95 respectively. It can therefore be inferred from the data that, the last four months forms 39% of annual Carlson’s department store total sales. The implication is, 61% of sales occurred in the first 8 months of each year beginning 1996 to 2000. Based on this, we can estimate total sales for year 2000 to be 32.21 had there been no hurricane.…

    • 1077 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    julissa22

    • 509 Words
    • 3 Pages

    In 2012 the officials say that the economy of China grew by 7.8 percent. The economy in the U.S.A has been change for many years during the early 20th century the U.S had a global economic power. Japan. From the years 1950-1975 there was an economic miracle. There was no need for money to apply to defense and this meant that there was more investment in the economy. In the late 1990’s there was an economic downturn because of the global competition that bloated work force. Another country that experienced economic downturn was Australia. In Australia there was an economic growth from the mid to late twentieth century. This all changed in the late twentieth century. There was an economic decline. In the Pacific Rim countries there have been economic changes and economic growth and decline. This has impacted the way of the life of people and of the country. Four of the Pacific Rim territories have been called "Economic Tigers" due to their aggressive economies. They have included South Korea, Taiwan, Singapore, and Hong Kong.…

    • 509 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    6. If you have a private-ownership right to something, what does that mean? Does private ownership give you the right to do anything you want with the things that you own? Explain. How does private ownership influence the incentive of individuals to a) take care of things, b) conserve resources for the future, and c) develop and modify things in ways that are beneficial to others?…

    • 1159 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    c. The quantity demanded for good X increases from 100 to 101 units as the price of good Y increases from $8 to $15.…

    • 638 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    * Gov directly controls its spending or G, and indirectly affects Consumer spending and Investment spending…how?…

    • 4387 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Macroeconomics

    • 2657 Words
    • 11 Pages

    Cases start at district courts and then move up through circuit courts all the way to supreme depending on if a case is lost or not.…

    • 2657 Words
    • 11 Pages
    Good Essays
  • Satisfactory Essays

    Northcutt Bikes Answers2

    • 408 Words
    • 9 Pages

    Northcutt Bikes Case Answers 1 Q1: Demand Data Plot 2 Q1: Plot Shows  There is seasonality …

    • 408 Words
    • 9 Pages
    Satisfactory Essays
  • Powerful Essays

    The garment industry has played a pioneering role in the development of industrial sector of Bangladesh. Though it took a rather late start i.e., in 1976 but it soon established its reputation in the world market within a short span of time. Resultantly garment is now one of the main export items of the country. Besides, enriching the country's economy it has played a very important role in alleviating unemployment. At present there are more than two thousand one hundred garment factories in the country employing more than 12 lack labors. 85 percent of the labor force is women.…

    • 9113 Words
    • 37 Pages
    Powerful Essays