The assignment is about the importance of distinguishing between Real Gross Domestic Product and Gross Domestic Product. Write a one paragraph explanation. Make sure you define each of them before you answer the question. You should also give an example.Your response must NOT exceed 200 words.
Category: Macroeconomics
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Title: The Impact of Economic Growth on Current Events and News
This is a summary reports that link topics to current economic events
and news found in media articles. The essay should focus on markets,
prices, price formation, economic growth, inflation, and unemployment
and their relationship to the business cycle.
The topic is economic growth then browse through media. Good sources for economic news include The Economist, Fortune, and others. Newspapers such as
the Wall Street Journal, New York Times, and Washington Post for current economic
news articles. Find 2 or 3 articles that relate to economic growth and write summaries on them.
The essay should follow the format noted below:
INTRODUCTION. The introduction states the reason(s) why your topic
deserves consideration. In other words, why is your topic relevant
and why is it of interest to the public?
SUMMARY OF RESEARCHED ARTICLEs. Each article should be summarized
separately. At the beginning of each summary, please state the
author, the title, the source of the article, and the date it was
published. Do not start a new page with each summary. Also, consider
that the articles you select must have a common theme or topic. They
can’t be randomly selected articles on Macroeconomics.
EVALUATION AND CONCLUSION. In this section, you should state and
assess the topic. How does this topic relate to your life now and in
the future? How does this topic affect you, people you know, or a
particular business or industry? -
Title: “Parking Problems and Global Economics: A Lesson in Supply, Demand, and Opportunity Cost”
Consider parking your car at Amarillo College and the different parking lots around campus.
Why is it difficult to find a convenient parking spot during certain times of the day? As an
economist, how would you solve this problem? Please describe your solution in the terms of
supply, demand, and opportunity cost.
Now extend that rationale to the world economy. How does the global economy supply and
demand of soybeans affect a farmer in Iowa? Explain equilibrium price, excess supply, and
excess demand, especially in terms of the demand and supply curve. Can you draw any
parallels from your parking solution to soybean farmers? -
Title: “The Economics of Parking and Soybean Production: Solving Problems of Supply, Demand, and Opportunity Cost” Parking at Amarillo College can be a frustrating experience, especially during peak times of the day. The limited number of parking
Please write an essay that addresses the following:
Consider parking your car at Amarillo College and the different parking lots around campus.
Why is it difficult to find a convenient parking spot during certain times of the day? As an
economist, how would you solve this problem? Please describe your solution in the terms of
supply, demand, and opportunity cost.
Now extend that rationale to the world economy. How does the global economy supply and
demand of soybeans affect a farmer in Iowa? Explain equilibrium price, excess supply, and
excess demand, especially in terms of the demand and supply curve. Can you draw any
parallels from your parking solution to soybean farmers?
Please limit your response to an answer between two and four pages double-spaced