Macroeconomics  © John Petroff

No rated * * * * * Resize -A   +A

Arabic  Chinese  Deutsch  English  French  Russian  Spanish 

Assignments for Macroeconomics Chapter 5

Assignment #1: Outline the major revenue sources and expenses of the Federal
Government. Do the same for state and local governments.

Assignment #2: Use the circular flow model to explain the two basic approaches
and the various components of National Income Accounting.

Assignment #3: Breakdown GNP into its components in both the expenditure and
income approaches, and reconcile the two.

Assignment #4:  Present the effects of a positive and negative net investment
on economic activity. Comment on the roles of changes in
inventory and capital consumption allowance.

Assignment #5: Why does GNP need to be adjusted, and how is it adjusted?
How is a price index constructed and used?