Real Time Economics

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Im suppose to gather data of real gdp for the past years. and, the data i get is per quarter in a year. thus, should I add the all 4 quarters to get the RGDP in a year. or just extract the last quarter (which is december) of the RGDP? i need the answer like real fast! tq

Best Answer

1Q + 2Q + 3Q + 4Q = the entire year. So yeah, add them together.

Consider all costs such distribution, MPG, emissions, higher food costs due to increased demand in corn products, etc.

Best Answer

I have heard that it takes more energy to produce ethanol than you get out of it--even watering the corn requires energy, harvesting it, processing it. I can't cite a source I would call reliable on that, but its an interesting perspective if true.

Suppose the real interest rates in the rest of the world remain unchanged: explain the effect of the real interest rate change in India on the demand for Indian Rupee in the foreign exchange market. What will happen to exchange rate of Indian Rupee?

Best Answer

If the other interest rates remain unchanged, investors are more likely to want to invest in the rupee if the interest rate in India goes up (and less likely if the interest rate goes down), because the higher the interest rate the higher the return on investment. So, because more people want to invest in India if the interest rate in India goes up, the demand for the rupee will go up, so the exchange rate will go up.

He has my vote because he keeps saying "hope" and "change" alot. I thought that was great because Hillary Clinton and John McCain talk about facts with no real catch phrases. I also liked Obama because he is new and has never been in a situation where there was real trouble. But now I rethink that, it may not be so great. Should I keep my vote for him? I want hope and I want change. But I guess I don't know exactly what that means.

Best Answer

He has your vote simple because he says two positively connotated words? He says change. Change for what, a dollar? He says hope. Without hope, there is nothing to live for. Yet here we are, all living and breathing. You vote for people based on catch phrases? How about you listen to the debates, and then see what you think of everyone. Obama has been a senator for two years, and he has not done a thing. Can you think of any bill proposed by Obama? I didn't think so. You are a classic example of the mindless people in this country who thieves like Obama and Clinton look for every day.

What is the real cost of unemployment for our society?

Best Answer

Real cost is corelation between income output and labor factor or efficiency ratio.