Problem Sets and The Comparison of the United States and China, economics homework help

User Generated

YFO008

Economics

Description

Part One: Problem Sets

An Excel template is provided for your Problem Sets. Each problem is presented on a separate worksheet represented by the tabs at the bottom of the Excel worksheet.

You must submit only one Excel file for your Problem Sets. To receive full credit, all work must be shown and the final answer(s) must be highlighted in yellow, unless answers are derived from a graph and/or tables.

Problem Sets


Part Two: The Comparison of the United States and China

Now, it is time for you to test your knowledge of key economic indicators and the effects of economic measurements have on an economy.

The purpose of this assignment is to investigate and to gauge your understanding of key economic indicators by filling out the figure one (1) below and to write up your findings and compare and contrast the United States to that of China.

Country

United States

China

Gross Domestic Product (GDP)

GDP per Capita

Durable and Non-Durable Goods

Retail Sales

Housing Starts

Unemployment Rate

Inflation Rates

Population

Median Household Average Income

Human Development Index (HDI)

Trade Deficit or Trade Surplus (In millions of dollars)


Figure 1: Compare and Contrast the United States to that of China

Assignment should include the following:

  • Title page
  • Introductory paragraph
  • Completed table inserted into your Word document
  • Summary of the United States and China
  • Summary must be at least 250-words or more in length
  • Conclusion to summarize your findings, and
  • Reference page (Reference page must be at the end of your paper and on a separate page).

For more information on APA formatting,

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Explanation & Answer

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Principles of Economics
Name:
Date:

onomics

Net Exports = _________________ - _________________________.
Answers:

Net Exports=

Total value of Exports-Total Value of Imports

The three members of NAFTA are _____________, __________________,
and__________________________.
Answers:
The three members of NAFTA are

Canada, Mexico and the United States of America

,

es of America

Our exports of goods and services are about ____________ percent of our GDP in 2016.
Answer:

We take a case study of the USA
GDP in 2016=18.57 trillion

18,57

Exports in 2016=2.2 trillion

2,2

Percent exports=value of exports/value of GDP*100

Percentage exports=(2.2trillion/18.57trillion)*100
11,847 percent of GDP in 2016

ur GDP in 2016.

The only trading bloc that has eliminated all its international tariffs is
___________________________.
Answer:

Mercosur

The main concern of the labor union members who were protesting against the WTO, the
IMF, ...


Anonymous
Just what I needed…Fantastic!

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