tag:blogger.com,1999:blog-57458895666115758092024-02-22T11:13:58.274-08:00honormcampbelleconjapanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-5745889566611575809.post-8306677962663908882011-01-24T16:01:00.000-08:002011-01-24T16:01:50.976-08:00Post25<span style="font-size: x-small;">On the Gini index for the nations of the world they put the United States in 56th place. I was also shocked that America was above the top 50 countries with the least income inequality.</span>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-6930155849946851052011-01-24T06:47:00.000-08:002011-01-24T06:47:49.406-08:00Post24<span style="font-size: x-small;"><u><strong>Seasonal unemployment</strong></u>- I'm an agricultal worker who works in the fields gathering seasonal fruits and when the season ends I go and look for work at another plantation.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><strong><u>Cyclical unemployment</u></strong>- I was an office worker at a corporate company, but the company layoff half of the staff including me because of a downturn in the business cycle.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><strong><u>Frictional unemployment</u></strong>- I'm a teacher that quit my job at a high school to look for a better teaching job at other schools.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><strong><u>Structral unemployment</u></strong>- I was a tax preparer at H&R block ,but was layoff because more people are using turbo tax at home and not coming to our company to help them with their taxes.</span>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-58729877666909140202011-01-24T06:19:00.000-08:002011-01-24T06:19:56.399-08:00Post23<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgr7tb3XSb640t_ivQqzpBX5_YMM8FRCeZH_d-YfBu9XNvsHxuGuSUYDlA8u08LgTCoWwrluQN1A-07e6cFuuiQjfF8TAbgBONwjVNZLXpp9fuSEASvVGZLO0KInNXwq-CczcNVXjSaXeRQ/s1600/Wanted.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="217" s5="true" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgr7tb3XSb640t_ivQqzpBX5_YMM8FRCeZH_d-YfBu9XNvsHxuGuSUYDlA8u08LgTCoWwrluQN1A-07e6cFuuiQjfF8TAbgBONwjVNZLXpp9fuSEASvVGZLO0KInNXwq-CczcNVXjSaXeRQ/s320/Wanted.JPG" width="320" /></a></div>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-84218422705570747632011-01-19T19:03:00.000-08:002011-01-19T19:03:30.704-08:00Post22<span style="font-size: x-small;">1. Census Bureau conducts a monthly study called the Current Population Survey.</span><br />
<span style="font-size: x-small;">2. Structural unemployment that results from changes in technology or in the way the economy is structured.</span><br />
<span style="font-size: x-small;">3. Seasonal unemployment affects agricultural workers. </span><br />
<span style="font-size: x-small;">4. Frictional unemployment attributed to workers moving from one job to another.</span><br />
<span style="font-size: x-small;">5. Underemployed workers who have jobs beneath their skill level.</span><br />
<span style="font-size: x-small;">6. Rapid changes in technology have led to a drop in demand in lower-skilled worker.</span><br />
<span style="font-size: x-small;">7. Poverty thresholds are adjusted annually based on changes in the consumer price index.</span><br />
<span style="font-size: x-small;">8. The poverty threshold is the lowest income level that a family needs maintain a basic standard of living.</span><br />
<span style="font-size: x-small;">9. To measure the amount of inequality in the distribution of income, economists plot a Lorenz Curve.</span><br />
<span style="font-size: x-small;">10. The data used to plot a Lorenz Curve can also be used to compute the Gini Index.</span><br />
<span style="font-size: x-small;">11. The worst degree of inflation is called hyperinflation.</span><br />
<span style="font-size: x-small;">12. High interest rates lead to less consumer spending.</span><br />
<span style="font-size: x-small;">13. Economists use price indexes to calculate the inflation rate.</span><br />
<span style="font-size: x-small;">14. Aggregate supply is the total amount of goods and services produced throughout the economy.</span><br />
<span style="font-size: x-small;">15. As the value of the dollar decreases, the purchasing power of people who rely on fixed income will fall.</span>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-31371606995313208862011-01-19T19:02:00.000-08:002011-01-19T19:02:16.382-08:00Post21: Vocab list<span style="font-size: x-small;"><u>National income accounting</u> - the process used for tracking production, income, and consumption in a nation's economy.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Gross domestic product (GDP)</u> – the total dollar value of all final goods and services produced within a country in a given year.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Output-expenditure model</u> - a method of computing the gross domestic product (GDP) by adding the total value of consumer and government spending on goods and services, total private investment, and total value of exports, and then subtracting the total value of imports. </span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Personal consumption expenditure</u> - total spending by consumers for durable goods, nondurable goods, and services during a specified period of time. </span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Gross investment</u> - the total value of private spending in the economy for capital assets- such as new equipment, machinery, and buildings- over a specified period of time, plus total changes in business inventories. </span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Nominal GDP</u>- the value of a nation's gross domestic product (GDP) at the current prices of the period being measured.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Real GDP</u> - the value of a nation's gross domestic product (GDP) after it has been adjusted for inflation.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Price index</u>- a set of statistics that allows economists to compare prices over time.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Underground economy</u> - illegal economic activities or unreported legal activities that are not accounted for in national economic measures.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Gross national product (GNP)</u> - the total dollar value of all final goods and services produced with factors of production owned by citizens of a given country.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<div style="direction: ltr; language: en-US; margin-bottom: 0pt; margin-left: 0.38in; margin-top: 3.36pt; mso-line-break-override: none; punctuation-wrap: hanging; text-align: left; text-indent: -0.38in; unicode-bidi: embed; word-break: normal;"><span style="font-size: x-small;"><u>Leading Indicators</u>-<span style="color: black; font-family: Calibri; language: en-US; mso-ascii-font-family: Calibri; mso-bidi-font-family: +mn-cs; mso-color-index: 1; mso-fareast-font-family: +mn-ea; mso-font-kerning: 12.0pt;"> anticipate the direction in which the economy is headed.</span></span><br />
</div><div style="direction: ltr; language: en-US; margin-bottom: 0pt; margin-left: 0.38in; margin-top: 3.36pt; mso-line-break-override: none; punctuation-wrap: hanging; text-align: left; text-indent: -0.38in; unicode-bidi: embed; word-break: normal;"><span style="font-size: x-small;"><u>Coincident Indicators</u>- change as the economy moves from one phase of the business's cycle to another and tell economists that an upturn or a downturn in the economy has arrived.</span><br />
</div><div style="direction: ltr; language: en-US; margin-bottom: 0pt; margin-left: 0.38in; margin-top: 3.36pt; mso-line-break-override: none; punctuation-wrap: hanging; text-align: left; text-indent: -0.38in; unicode-bidi: embed; word-break: normal;"><span style="font-size: x-small;"><u>Lagging Indicators</u>-<span style="color: black; font-family: Calibri; language: en-US; mso-ascii-font-family: Calibri; mso-bidi-font-family: +mn-cs; mso-color-index: 1; mso-fareast-font-family: +mn-ea; mso-font-kerning: 12.0pt;"> change months after an upturn or a downturn in the economy has begun and help economists predict the duration of economic upturns or downturns.</span></span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Peak</u>- a high point in which the economy is at its strongest and most <span style="color: black; font-family: Calibri; language: en-US; mso-ascii-font-family: Calibri; mso-bidi-font-family: +mn-cs; mso-color-index: 1; mso-fareast-font-family: +mn-ea; mso-font-kerning: 12.0pt;">prosperous.</span></span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Contraction</u> – a period in the business cycle during which business activity slows down and overall economic indicators decline. </span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Recession </u>– a substantial and general decline in overall business activity over a significant<span style="mso-spacerun: yes;"> </span>period of time.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Trough</u> – the lowest point of a business cycle, in which demand, production, and employment reach their lowest levels.</span><br />
<br />
<span style="font-size: x-small;"><u>Business cycle</u>- a recurring pattern in economic activity that is characterized by alternating periods of expansion and contraction.</span><br />
<br />
<span style="font-size: x-small;"><u>Depression</u> - a prolonged and severe recession.</span><br />
<br />
<span style="font-size: x-small;"><u>Real GDP per capita</u>- the dollar value- adjusted for inflation- of all final goods and services prduced pe person in an economy n a gven year.</span><br />
<br />
<span style="font-size: x-small;"><u>Labor productivity</u>- a measure of how much each worker produces in a given period of time.</span><br />
<br />
<span style="font-size: x-small;"><u>Productivity growth</u>- an increase in output per given level of input.</span><br />
<br />
<span style="font-size: x-small;"><u>Capital-to-labor ratio</u>- the amount of capital resources available per worker.</span><br />
<br />
<span style="font-size: x-small;"><u>Capital deepening</u>- the increasing of capital resources at a faster rate than the increasing of the labor force, causing a rise in the capital-to-labor ratio. </span></div>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-41479579119183116382011-01-18T07:49:00.000-08:002011-01-18T07:49:25.603-08:00Post20<u><span style="font-size: x-small;">Reviewing Facts:</span></u><br />
<span style="font-size: x-small;">2. b. a. the nominal GDP is the current GDP.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<u><span style="font-size: x-small;">Identifing Ideas:</span></u><br />
<span style="font-size: x-small;">5. gross. net. Net domestic product is a more representative measure of a nation's actual output of new goods than GDP because it doesn't include depreciation.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<u><span style="font-size: x-small;">Understanding Ideas:</span></u><br />
<span style="font-size: x-small;">2. none. d. a,b, and c are use to avoid double counting when economists measure GDP.</span><br />
<span style="font-size: x-small;">3. none. d. a,b, and c are use by economists to create a price index.</span><br />
<span style="font-size: x-small;">7. none. d. a,b, and c are examples of a coincident indicator.</span><br />
<span style="font-size: x-small;">8. none. a. use of consumer installment credit is an example of a lagging indicator.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<u><span style="font-size: x-small;">Matching:</span></u><br />
<span style="font-size: x-small;">2. i. b. Nominal GDP is the value of a nation's gross domestic product at the current prices of the period being measured.</span><br />
<span style="font-size: x-small;">4. t. f. Unlike GDP, the GNP included the income of the overseas divisions of U.S companies. </span><br />
<span style="font-size: x-small;"><br />
</span><br />
<u><span style="font-size: x-small;">Chart:</span></u><br />
<span style="font-size: x-small;">expansion. peak. it is turning point of the economy.</span><br />
<span style="font-size: x-small;">peak. expansion. it is when economic activity is increasing toward a peak. </span><br />
<span style="font-size: x-small;"><br />
</span><br />
<u><span style="font-size: x-small;">Writting:</span></u><br />
<span style="font-size: x-small;">C+I+G+(X-M)= GDP </span><br />
<span style="font-size: x-small;"><u>C</u>- Personal consumption expenditures: <span style="color: black; font-family: Calibri; language: en-US; mso-ascii-font-family: Calibri; mso-bidi-font-family: +mn-cs; mso-color-index: 1; mso-fareast-font-family: +mn-ea;">is the sum of expenditures by household by durable goods, nondurable goods, and services.</span><span style="color: black; font-family: Calibri; language: en-US; mso-ascii-font-family: Calibri; mso-bidi-font-family: +mn-cs; mso-color-index: 1; mso-fareast-font-family: +mn-ea;"> </span></span><br />
<span style="font-size: x-small;"><u>I</u>- Gross investment:<span style="color: black; font-family: Calibri; language: en-US; mso-ascii-font-family: Calibri; mso-bidi-font-family: +mn-cs; mso-color-index: 1; mso-fareast-font-family: +mn-ea;"> is the sum of expenditures on capital equipment, inventories, and structures</span><span style="color: black; font-family: Calibri; language: en-US; mso-ascii-font-family: Calibri; mso-bidi-font-family: +mn-cs; mso-color-index: 1; mso-fareast-font-family: +mn-ea;"> </span></span><br />
<span style="font-size: x-small;"><u>G</u>-Government purchases: <span style="color: black; font-family: Calibri; language: en-US; mso-ascii-font-family: Calibri; mso-bidi-font-family: +mn-cs; mso-color-index: 1; mso-fareast-font-family: +mn-ea;">is the sum of expenditures by all government bodies on goods and services.</span><span style="color: black; font-family: Calibri; language: en-US; mso-ascii-font-family: Calibri; mso-bidi-font-family: +mn-cs; mso-color-index: 1; mso-fareast-font-family: +mn-ea;"> </span></span><br />
<span style="font-size: x-small;"><u>X-M</u>-Net Exports and Imports: <span style="color: black; font-family: Calibri; language: en-US; mso-ascii-font-family: Calibri; mso-bidi-font-family: +mn-cs; mso-color-index: 1; mso-fareast-font-family: +mn-ea;">equals the difference between spending on domestic goods by foreigners and spending on foreign goods by domestic resident.</span><span style="color: black; font-family: Calibri; language: en-US; mso-ascii-font-family: Calibri; mso-bidi-font-family: +mn-cs; mso-color-index: 1; mso-fareast-font-family: +mn-ea;"> </span></span><br />
<span style="font-size: x-small;"><u>GDP</u>-Total GDP</span>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-12579707594619867992011-01-11T18:13:00.000-08:002011-01-11T18:13:34.750-08:00Post18<span style="font-size: x-small;">These are the 3 sites that I think would be allowed to be use on the mid-term.</span><br />
<br />
<span style="font-size: x-small;"><u>Economic Guides </u>- it has the the things that we have learn about the economy in the class.</span><br />
<br />
<span style="font-size: x-small;"><u>United States Treasury Department</u>- it shows the types of economic structures we learned from the lessons.</span><br />
<br />
<span style="font-size: x-small;"><u>Web Glossary Financial and Business Terms</u> - it has all the economic vocab words that we have learned.</span>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-88065647629848792332011-01-11T17:32:00.000-08:002011-01-11T17:33:20.549-08:00Post17<div class="separator" style="clear: both; text-align: center;"><u><strong><span style="font-size: x-small;">Business Cycle 1</span></strong></u></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWX2Wz1mxe8SlfjBKiT2Bc7QStKOlE6EQdmg82pjI0jOjopSaUAyCsmoe1hPdYqEDA_Chxs-E6vznCNm8-qnuqKLYmW4I88DSDxlhvAjXP-90uX162gl4ZeD5ekustAqmrqQ-XXpGeCBv3/s1600/business+cycle+1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><span style="font-size: x-small;"><img border="0" n4="true" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWX2Wz1mxe8SlfjBKiT2Bc7QStKOlE6EQdmg82pjI0jOjopSaUAyCsmoe1hPdYqEDA_Chxs-E6vznCNm8-qnuqKLYmW4I88DSDxlhvAjXP-90uX162gl4ZeD5ekustAqmrqQ-XXpGeCBv3/s1600/business+cycle+1.jpg" /></span></a></div><span style="font-size: x-small;">This graph shows us what is happening to both the economic cycle and the stock market cycle. It shows the key items that affects the cycles and labels what type of market it in. It also shows the phases the cycles are in and show the early, middle, and late stages the cycles are in.</span><br />
<div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-small;"><br />
</span></div><div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-small;"><br />
</span></div><div class="separator" style="clear: both; text-align: center;"><strong><u><span style="font-size: x-small;">Business Cycle 2</span></u></strong></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiehquZLKTHlooGQZT_Gbzddsky-ydNXlxcNjBqWHDCRXu2Xl9DsGFUOdfzMi-b1cLPJzBffT5i9AsbKE_gVC9Lj_WCeRV8P4X6VH53WUlakBqLYLDUrLrGPO5GkbT9jlv1E9aqEffzsz6H/s1600/business+1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><span style="font-size: x-small;"><img border="0" n4="true" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiehquZLKTHlooGQZT_Gbzddsky-ydNXlxcNjBqWHDCRXu2Xl9DsGFUOdfzMi-b1cLPJzBffT5i9AsbKE_gVC9Lj_WCeRV8P4X6VH53WUlakBqLYLDUrLrGPO5GkbT9jlv1E9aqEffzsz6H/s1600/business+1.jpg" /></span></a></div><div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-small;"><br />
</span></div><div class="separator" style="clear: both; text-align: left;"><span style="font-size: x-small;">This graph tells the moods of the economy when it is at it's peak, lowest and also it recovery. But it doesn't tells you what is happening in the economy and by what is affecting it. </span></div><div class="separator" style="clear: both; text-align: left;"><span style="font-size: x-small;"><br />
</span></div><div class="separator" style="clear: both; text-align: center;"><strong><u><span style="font-size: x-small;">Business Cycle 3</span></u></strong></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg30aF2C9C2ezxVQebbUW4xsn7eS7qmgPk6Pp7Fym5oOC9ml29EqOXnjxQ63Ax5vN3ZTj_vZpcDOxHLdiXDzdWRBaaWmiYcxfSinwOFhIJiM3osqksL2-8utyZqnafWFMGgzx-bBi__L7re/s1600/business+cycle+2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><span style="font-size: x-small;"><img border="0" n4="true" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg30aF2C9C2ezxVQebbUW4xsn7eS7qmgPk6Pp7Fym5oOC9ml29EqOXnjxQ63Ax5vN3ZTj_vZpcDOxHLdiXDzdWRBaaWmiYcxfSinwOFhIJiM3osqksL2-8utyZqnafWFMGgzx-bBi__L7re/s1600/business+cycle+2.jpg" /></span></a></div><span style="font-size: x-small;">This graph shows the phases the economy is in. But it doesn't show the type of market it is in and what stages it is in. It also doesn't show the stock market only the economy.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"> I give the <u>Best Business Graph Award</u> to business cycle 1. This cycle shows not only the economy cycle but also the stock market cycle. It shows the phases the cycles are in and the type of market it in and the stages the market it in. It also show the key items that can affect both economy cycle and the stock market cycle.</span><br />
<div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-small;"></span></div><div class="separator" style="clear: both; text-align: left;"><span style="font-size: x-small;"><br />
</span></div><div class="separator" style="clear: both; text-align: center;"><span style="font-size: x-small;"><br />
</span></div>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-70094928976707036502011-01-05T06:16:00.000-08:002011-01-05T06:17:32.544-08:00Post15<span style="font-size: x-small;"><u>Leading Indicators</u>: anticipate the direction in which the economy is headed.</span><br />
<span style="font-size: x-small;">1. Stock prices</span><br />
<span style="font-size: x-small;">2. Housing permits</span><br />
<span style="font-size: x-small;">3. Inventory rations</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Coincident Indicators</u>: change as the economy moves from one phase of the business's cycle to another and tell economists that an upturn or a downturn in the economy has arrived.</span><br />
<span style="font-size: x-small;">1. Nonagricultural employment</span><br />
<span style="font-size: x-small;">2. Industrial production</span><br />
<span style="font-size: x-small;">3. Personal income</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;"><u>Lagging Indicators</u>: change months after an upturn or a downturn in the economy has begun and help economists predict the duration of economic upturns or downturns.</span><br />
<span style="font-size: x-small;">1. Unemployment rate</span><br />
<span style="font-size: x-small;">2. Corporate profits</span><br />
<span style="font-size: x-small;">3. Labor cost per unit of output</span><br />
<br />
<br />
<br />
<br />
<span style="font-size: x-small;"> </span>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-74673196143732282482011-01-04T06:19:00.000-08:002011-01-05T06:18:38.345-08:00The Business Cycle Video<span dir="ltr" id="eow-title" title="Business cycle"> <a href="http://www.youtube.com/watch?v=MWkjXMu6VQM&feature=related"><span style="font-size: x-small;">http://www.youtube.com/watch?v=MWkjXMu6VQM&feature=related</span></a></span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;">I think that this video was helpful. I thought that the Qwiki was useful because it explain how the business cycle works without the rap music.</span>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-39498455183114998072011-01-04T06:18:00.001-08:002011-01-05T06:18:52.688-08:00Post13<span style="font-size: x-small;">1. The process marcoeconomists use to track production, income, and consumption is known as national income accounting and provides information about the country 's economic activities.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;">2. The most widely used NIPA is gross domestic product.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;">3. Indirect taxes are taxes included in the final price of goods and services.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;">4. The business cycle is divided into 4 stages or phases.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;">5. The factors that affect supply and demand also cause the fluctuations in the business cycle.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;">6. To account for population increase economists usually measure economic growth per capita.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;">7. Productivity growth is defined by an increase in the output of each worker per hour of work.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;">8. 1 of the following important natural resources that the U.S. have to import is oil.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;">9. The amount of capital stock per worker called capital to labor ratio.</span><br />
<span style="font-size: x-small;"><br />
</span><br />
<span style="font-size: x-small;">10. Capital deepening is when amount of a country's capital goods increase faster than the size of the country's workforce.</span>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-7719356368175167352011-01-04T06:18:00.000-08:002011-01-05T06:19:10.392-08:00Post12<span style="font-size: x-small;">Dear Editor,</span><br />
<span style="font-size: x-small;"> The GDP is a faulty indicator because it ignores everything that happens outside of the realm of monetized exchange. GDP masks and portrays the breakdown of the social structure and natural habitat as economic gains. You should use the GNP to measure the U.S. economy. GNP can be measure by the value of its production of goods and services for a specific period . It shows changes of the country's overall production and the direction of its economy.</span>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-81141089769731319182010-12-22T06:32:00.000-08:002011-01-05T06:19:40.503-08:00Post10<span style="font-size: x-small;">I think that macroeconomics will be about how large corportations work in the economy. I'm interest in this topic because I get to know how these corportations affect the economy. I hope to learn about the business cycle, the global market, and the output-expenditure model.</span>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-8074622579770612892010-12-21T06:34:00.000-08:002011-01-05T06:20:05.707-08:00How Technology Makes The World A Better Place <span style="font-size: x-small;"> Technology has changes the world and made our lives easier. We use computer to search for websites that will be helpful for school projects. We can download music on our Ipods and listen to them where ever we go. We can walk while talking on our cell phones and texts our friends. Every day people are making new technology to make our lives more easier. For example the Ipad can access the Internet and download books, magazines, newspapers and cooking recipes. You can watch YouTube, videos, and movies on the Ipad and you can even play games on it. </span>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com1tag:blogger.com,1999:blog-5745889566611575809.post-87719024141704312542010-12-20T06:44:00.000-08:002010-12-20T06:44:08.937-08:00Post8Other companies compete each other in the same way by trying to make the perfect product. If the prices are close I would select the product that I love the most. A market structure that requires that companies compete over something other than price is monopolistic competition.japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-86761655271006875692010-12-15T06:49:00.000-08:002010-12-15T06:49:17.846-08:00Post7<div style="text-align: left;">Natural Monopoly: There is only one water service in every town.</div><div style="text-align: left;"><br />
</div><div style="text-align: left;">Geographic Monopoly: A general store in a remote Alaska community.</div><div style="text-align: left;"><br />
</div><div style="text-align: left;">Technological Monopoly: Apple Inc. is know to make new technology that other company can't make.</div><div style="text-align: left;"><br />
</div><div style="text-align: left;">Government Monopoly: No other postal service can compete with the U.S. Postal Service.</div>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-65235925078968393422010-12-10T06:49:00.001-08:002010-12-10T06:49:44.831-08:00Antitrust laws<a href="http://www.studystack.com/EditData2.jsp?saved&studyStackId=521980">http://www.studystack.com/EditData2.jsp?saved&studyStackId=521980</a>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com1tag:blogger.com,1999:blog-5745889566611575809.post-48353662912034125032010-12-07T06:31:00.000-08:002010-12-07T06:31:52.102-08:00Post5The one monopoly or cartel that I want broken up is the oil company. The reason to why I want to break this monopoly is because their set the price of oil is high. If this monopoly was broken up then there would be competition in the oil industry. If there competition in the oil industry then the price for oil would be low. The change would benefit alot of people because it might encourage greater competiton and then the price for oil would be lower. People would buy more oil to heat their home in the winter.japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-1942498602512885392010-12-06T06:50:00.000-08:002010-12-06T06:50:28.197-08:00Post41. Cosumers can get products that are priced lower in competitive markets.<br />
2. Seller differentiate thei products in nonprice competition.<br />
3. Dimands are an example of market where a cartel exists.<br />
4.Cartel are group of companies openly organized to set prices<br />
5. Collusion sellers secretly agree to set production levels or prices for their products.<br />
6. Trusts is another word for the huge monopolies that dominated the era of "big business".<br />
7. Interstate Commerce Act was the 1st antitrust law passed.<br />
8. Interstate Commerce Commission oversaw the railroads industry.japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com1tag:blogger.com,1999:blog-5745889566611575809.post-54709799561328407962010-12-03T06:36:00.000-08:002010-12-03T06:36:31.282-08:00Post 3<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_i-jEIcP4UxAGKJXx4NvEQvNbRRu6jUr7Fc63MU3RJEJunspq58DAI_gzGhAvz27k7iBI3yuunChc2da3kXsHC530VaUYr3BZreWKUBIe8EWtJF3HGZq8hfPelZaYot30OgFsvKmwAfQ_/s1600/Picture2.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="200" ox="true" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_i-jEIcP4UxAGKJXx4NvEQvNbRRu6jUr7Fc63MU3RJEJunspq58DAI_gzGhAvz27k7iBI3yuunChc2da3kXsHC530VaUYr3BZreWKUBIe8EWtJF3HGZq8hfPelZaYot30OgFsvKmwAfQ_/s320/Picture2.png" width="320" /></a></div>Diferent companies try to sell the same jewerly. <br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2TSbgKwOMg0BzBIeJOVJAUYUYfk1EmoXSJFsfRyR_bIUMeWq140aLTmGrkG_edti52wA0eJWrCXibjfF_nPK5X-jnLcvndXQUeqz8s-ikLjLXXkVpKEk-tqOvSMa_b3jpfttWrq-lHkhB/s1600/Picture3.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="204" ox="true" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2TSbgKwOMg0BzBIeJOVJAUYUYfk1EmoXSJFsfRyR_bIUMeWq140aLTmGrkG_edti52wA0eJWrCXibjfF_nPK5X-jnLcvndXQUeqz8s-ikLjLXXkVpKEk-tqOvSMa_b3jpfttWrq-lHkhB/s320/Picture3.png" width="320" /></a></div><div class="separator" style="clear: both; text-align: left;">Different companies try to sell their perfume. These products are the same even if the companies claim their product is different. </div><div class="separator" style="clear: both; text-align: center;"><br />
</div><div class="separator" style="clear: both; text-align: center;"></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDHhxRXaE5f-YuAan0eIGQ_ceoC11qvERLebqJXAQHVPiZ-OiUkvUQyn1GSHetnh9Ma2scx5NNLgLU30USRkgZ0YBNW4SkXsLrgOu6DzN5wE0DKQ9ePoq8zFr6-DDWpoTIfpLSPHxzz2-C/s1600/Picture4.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="200" ox="true" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDHhxRXaE5f-YuAan0eIGQ_ceoC11qvERLebqJXAQHVPiZ-OiUkvUQyn1GSHetnh9Ma2scx5NNLgLU30USRkgZ0YBNW4SkXsLrgOu6DzN5wE0DKQ9ePoq8zFr6-DDWpoTIfpLSPHxzz2-C/s320/Picture4.png" width="320" /></a></div>Two or three companies domain the market place. Pepis and Co. contol the soft drink industry.<br />
<br />
<div class="separator" style="border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhlRj3JEqqF3DOuvn0hgId6GDGlLiFw2NvQXCBsuO_K-pS4uhmHbmTZRlEA35_LTy9fZPiJI-HwiQ1X7WHR_qOsqey8HgE5s4c-retuhQcv0mN6RflamYVSU1iQ5Oa2NiBodLAYlirZpyYH/s1600/Picture5.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="215" ox="true" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhlRj3JEqqF3DOuvn0hgId6GDGlLiFw2NvQXCBsuO_K-pS4uhmHbmTZRlEA35_LTy9fZPiJI-HwiQ1X7WHR_qOsqey8HgE5s4c-retuhQcv0mN6RflamYVSU1iQ5Oa2NiBodLAYlirZpyYH/s320/Picture5.png" width="320" /></a></div><div class="separator" style="border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; clear: both; text-align: left;"></div>One company controls the market place foe a certain product. Apples controls the Ipads market.<br />
<br />
<br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOtmxdEm01UQbjjTIjv6X9KetyeTW-UcSx8piJFExEsar5EjPOAjtTp99bo6dpWZkQ1sU0gcrIhFd3ekXZR4p9dbO2-PI6WU22eW8kCxDWj3EqwH__-XUeZf_3vBWEQJ5WGzoE1WVx1neF/s1600/Picture6.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="203" ox="true" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOtmxdEm01UQbjjTIjv6X9KetyeTW-UcSx8piJFExEsar5EjPOAjtTp99bo6dpWZkQ1sU0gcrIhFd3ekXZR4p9dbO2-PI6WU22eW8kCxDWj3EqwH__-XUeZf_3vBWEQJ5WGzoE1WVx1neF/s320/Picture6.png" width="320" /></a></div>Diferent companies try to sell their cars to people. There is a large number of sellers for cars. <div class="separator" style="border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; clear: both; text-align: left;"><br />
</div><div class="separator" style="border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; clear: both; text-align: center;"><br />
</div>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com2tag:blogger.com,1999:blog-5745889566611575809.post-48470050927510523252010-12-01T06:50:00.001-08:002010-12-01T06:50:27.898-08:00<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgYSS775FMPKM52FHoF9fTan-mIXfcMX3QMXFXprfTb7scSpR3MMxauAyy4JQoSh7_aQwAi6yq_oDqMia_dzyXf4xUUZbNnfMtSM3cIMMOwGAtmVSsQZExNsXaAMcv-W7oT6yzqgeSkCMY8/s1600/Picture1.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="402" ox="true" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgYSS775FMPKM52FHoF9fTan-mIXfcMX3QMXFXprfTb7scSpR3MMxauAyy4JQoSh7_aQwAi6yq_oDqMia_dzyXf4xUUZbNnfMtSM3cIMMOwGAtmVSsQZExNsXaAMcv-W7oT6yzqgeSkCMY8/s640/Picture1.png" width="640" /></a></div>japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0tag:blogger.com,1999:blog-5745889566611575809.post-19272761149853504312010-12-01T06:40:00.000-08:002010-12-01T06:40:45.940-08:00IntroductionMy name is Honor Mulholland. I like to read books and swimming. I love to travel to places.japanhttp://www.blogger.com/profile/14521824509237129732noreply@blogger.com0