We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Gross Domestic Product of the United States in 2009 - Research Paper Example

Comments (0)
The research paper "Gross Domestic Product of the United States in 2009" gives a review on the emergence of the recent financial crisis, with which the inadequacy of the US national accounts in capturing the impact of the recession across households…
Download full paper
Gross Domestic Product of the United States in 2009
Read TextPreview

Extract of sample
Gross Domestic Product of the United States in 2009

Download file to see previous pages... The research "Gross Domestic Product of the United States in 2009" examines how this year’s GDP compares with last year’s GDP both in real and nominal terms. Moreover, based on the limitations of national accounting it is discussed whether GDP provides valuable information for measuring economic activity over time. The table in appendix 1 shows the nominal GDP in billion dollar terms, its annual growth rate, GDP deflator with base year 2005=100, real GDP in billion dollar terms and its growth rate from 1950 to 2009.Real GDP is calculated as the ratio of nominal GDP to GDP deflator. The whole data is collected from the Federal Reserve Bank of St: Louis Economics Research Section. The table shows that both real and nominal GDP have been decelerating at annual growth rate of 1.74 percent and 2.6 percent respectively.
9 big expansions and 10 big recessions can be seen for nominal GDP from figure1. 13 big expansions can be seen from the above figure3. 9 recessions can be counted. The growth has been more or less stable in the last 20 years as compared to 1960-1990 since the peaks and troughs are comparatively low in this period.
Figure 2 and figure 4 shows the forecasts for nominal GDP and real GDP growth till 2015. They show highly decelerating growth rates of -2 and -4 percentage respectively for real and nominal GDP growth rates. Though the national accounts system and GDP statistics in USA have been considered as the most developed in the world, many economists have raised serious objections regarding treating GDP as an appropriate measure of economic activity over time. ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Ukraine. United States Minitary Involvement
Initially, the considerable differences regarding political and bureaucratic cultures of U.S. and Ukraine were largely responsible for delay in the establishment of cordial relationships between the two countries. However, most of these obstacles still hinder the development of complete political and economic relationships between the United States and Ukraine.
17 Pages(4250 words)Research Paper
United States Economy
United States Economy We are going to look at the industries that have become additionally important in the United State economy and how the government is taking over the share of the nation’s output. The growth of people’s income, the distribution of people’s income among many more will be addressed.
6 Pages(1500 words)Research Paper
United States use of fossil fuel
The countries dependence on fossil fuel has increased over the years; with its total fossil fuel consumption increasing 20 fold in the last 4 decades.The high dependence of fossil fuels is clearly noticeable in the fossil fuel per capita consumption; that is the country consumes 20 to 30 times more fossil fuel per capita than developing nations.
3 Pages(750 words)Research Paper
Corporate Tax Policy comparison between the United States and Ireland: Which policy is more effective in creating jobs and reve
In this paper, I will argue that the corporate tax policy for United States and Ireland differ in relation to structural and ideas theories in terms of job creation and revenues generation. Tax policies have been seen to differ from one country to another.
15 Pages(3750 words)Research Paper
The Current United States Recession
In principle, we know that we are in a recession when there is a general decline in the economic activity. This becomes obvious when we look at the real gross domestic product. This is the most viable indicator to know the state of the economy. This is regarded as a noteworthy turn down in economic activity just after the economy reaches a peak and end when it reach trough (New York Times, 2010).
5 Pages(1250 words)Research Paper
Health Care in United States
Health care is rendered by various distinguished legal bodies. According to Peterson and Burton (2008) health care facilities in United States of America is largely operated and owned by the private segment. Health insurance in the public sector is chiefly offered by the government.
5 Pages(1250 words)Research Paper
Gross Domestic Product of United Kingdom
Government spending is comprised of public expenses to finance projects to the benefit of the whole economy. Examples are bridges, schools and other public infrastructures. Net export, on the other hand refers to the inflow and outflow of goods and services in the economy.
7 Pages(1750 words)Assignment
Gross Domestic Product (GDP)
If the calculated GDP per capita is positive, it indicates that the economy of the nation is performing better compared to the previous year. The positive number shows that the
3 Pages(750 words)Research Paper
Corporate Tax Policy comparison between the United States and Ireland: Which policy is more effective in creating jobs and revenue
To be on top of the race in the competition of economic conditions, countries have applied policy that attract foreign investors and increasing exports, two engines that leads to strong performance in
15 Pages(3750 words)Research Paper
Gross Domestic Product
One of the issues that make the GDP fall short of a reliable and useful tool to measure social good fare is that its calculation and use as the tool to measure progress is inconsistent with a number of principles. The first principle that GDP is inconsistent with is that it fails to divide clearly costs and benefits.
8 Pages(2000 words)Essay
Let us find you another Research Paper on topic Gross Domestic Product of the United States in 2009 for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us