Description
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).
just as a note these two sites may have all the info you need bea.gov and bls.gov
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Explanation & Answer
Hi,Find attached the completed work.Feel free to ask for any clarification or editing if need be.Looking forward to working with you in future.Thank you.
Running head: ECONOMIC INDICATORS
Economic Indicators: Comparing the United States and China
Student’s Name
Professor’s Name
Course Title
Date
ECONOMIC INDICATORS
2
Introduction
Economic indicators are a series of statistical figures that are utilized by economists in
the prediction of a country’s future economic activity. Some of the economic indicators
highlighted and used to compare the economy of China to that of the Unites states are the
unemployment rate, Gross Domestic product (GDP), GDP per capita and inflation as listed in the
table. One major problem with economic indicators is the fact that they are only useful for
individuals or economies that int...