Work sheet Q1 – Complete the following statement GDP per capita is the real GDP on a per-person basis, it’s usually calculated using the following formula: GDP = Real GDP divided by Q2 – Compare and contrast savings and disposable personal income: Q3 – Nominal GDP does not account for the change in prices of […]
If the price level in the U.S. is 128the price level in Mexico is 124, and the real exchange rate is 20.02 pesos per dollar, what is the nominal exchange rate from the U.S. perspective? Round to two decimal places and do not include the “pesos per dollar For example, if your answer was 5.675 […]
Should El Salvador stay on the dollar?Explain why
You are given the monthly time series of the spot British pound exchange rate against the US dollar (denoted as GBP to USD) and the Consumer Price Indices, which proxy the general price levels, for the UK and the US (denoted respectively as UKCPI and USCPI) for the period of January 1991-August 2020. a)Explain the […]
Explain why this statement is true: A dollar in hand today is worth more than a dollar to be received next year. Provide relevant examples to support your explanation.
Prior to beginning work on this discussion, read the article by Hayley Peterson, 15 Companies That Are Defying the Retail Meltdown by Opening Hundreds of New Stores (Links to an external site.). While many retailers are closing stores, some are rapidly building new locations, with at least one—Dollar General (NYSE: DG)—adding as many as 900 […]
