2. Identity and explain the formula for the GDP? How has the GDP been impacted by the baby boom generation over the years?
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- How do we take the effects of inflation out of GDP to compare economic well-being over time? .And how do we compare economic well-being across countries?What are the economics situation in our country before the covid 19 start? And now?please emphasize it each.what is the opportunity or threats of Jollibee Corp in terms of GDP in the PH
- 2. Mention Any FOUR of the stylized facts characterizing economic growth across developed countries.1.4 "Periods of economic instability" are in line with which of the following views of the business cycle? a) The Structuralist view b) The Keynesian view c) The Classical view d) The Monetarist view14. The Chinese government controls all factors of production, the Chinese government has which type of economic systems? A) Capitalism B) Socialism C) Market D) Communism
- How does the study of demography help governments and economies? Why is it important to study the statistics of births, deaths, income, or the incidence of disease?What industry or firm might be able to weather an economic downturn (such as Covid-19)?Is gross domestic product a reliable indicator of a nation’s economic health? What might be a better indicator?