Which Component Of GDP Is The Most Stable?

Submitted By ADaniel32
Words: 674
Pages: 3
Open Document
Chapter 15 Question 11 Year | GDP | C | I | G | X-M | C (%) | I (%) | G (%) | X-M (%) | 1965 | 719.1 | 443.8 | 118.2 | 151.5 | 5.6 | 61.72% | 16.44% | 21.07% | 0.78% | 1975 | 1638.3 | 1034.4 | 230.2 | 357.5 | 16 | 63.14% | 14.05% | 21.82% | 0.98% | 1985 | 4220.3 | 2720.3 | 736.2 | 879 | -115.2 | 64.46% | 17.44% | 20.83% | -2.73% | 1995 | 7397.7 | 4975.8 | 1144 | 1369.2 | -91.4 | 67.26% | 15.46% | 18.51% | -1.24% | 2005 | 12455.8 | 8742.4 | 2057.4 | 2372.8 | -716.7 | 70.19% | 16.52% | 19.05% | -5.75% |

A. Which component of GDP is the most stable? Gross Domestic Product (GDP) is the measurement of the economy’s total output. A country’s gross domestic product is measured by four components. These components include: Consumption, Investments, Government purchases, and Net exports.
Consumption consists of the products and services that were purchased by residents. These products consist of durable and nondurable goods. Durable goods would be items such as, cars, home appliances, electronics, furniture, and firearms. Nondurable goods are the opposite of durable goods. These items consist of food, fuel, medication, clothing and footwear. Consumption as a whole would be considered the biggest portion of GDP and would be considered the most stable.

B. Which is the most volatile as a percent of GDP? Investments would be considered the most volatile as a percent of GPD. Investments are things such as equipment, buildings software and changes in private business inventories. This would be considered the most volatile component of GDP.

C. Ignoring net exports, which component has grown the fastest as a percent of GDP since 1965?

According to the table above Consumption has accumulated to fasted growing growth since 1965.

Chapter 16 Question 11

Describe the three types of unemployment. What types of government programs would be most effective in combating each type of unemployment?

The three types of unemployment are: frictional, structural, and cyclical. Frictional unemployment is also known as natural unemployment or unemployment experienced by workers who are between jobs. This is when workers voluntarily quit their current positions for a better job opportunity. Government programs that are in place for this form of unemployment would be job agencies that are formed by the government. Training programs would also be used for this form of unemployment as well. These two actions would place individual with jobs, as well as give them training for job opportunities that may be available.

Structural unemployment is caused by changes in technology or changes in the structure of consumer demands. For
Show More

Related Documents: Which Component Of GDP Is The Most Stable?

Hong Kong, History, And Travel Tips

1. My project is going to introduce Hong Kong to classmates. Talk about the Hong Kong‘s history background, and show classmates how to travel in Hong Kong. I’ll introduce the travel spot, local food, transportation, and some culture things in Hong Kong to them. 2. I’ll be learning more history background about Hong Kong that how Hong Kong has rapidly become an international city from a British colony, how Hong Kong has become a Special Administrative Region in China. In order to seek out the knowledge…

Words 314 - Pages 2

Template For BSS007-3 Third Phase Research Brief

3rd Phase Research Brief (25%) (Please use this template to construct you research brief) 1. Topics Selected e.g. You have been approached by a windfarm company to determine the environmental issues for a proposed new windfarm site. What do you propose? 2. Phase 2 topic e.g. Can Government green energy strategies provide a reliable basis for commercial wind farm initiatives? 3. Introduction and Background of Research Background of the research, why doing this research is important…

Words 349 - Pages 2

Essay on Science: Taxonomy and Traditional Review

Solutions to Exercises Solution for Chapter 2 Exercise 2 - 1 We have placed two reviews on related topics side by side and have briefly listed the differences between the two reviews (Turner & Muller, 2005, w137) (Pirzadeh, 2010, w154). Both our reviews exam ine aspects of human factors in successful project management. The first is a conventional or traditional review of project manager’s leadership style. The second is a systematic literature review on h uman factors in software development…

Words 1114 - Pages 5

Project Consultancy Essay

BUSINESS MANAGEMENT AND ENTERPRISE MODULE GUIDE MANAGEMENT CONSULTANCY PROJECT 2013-14 THE SHEFFIELD COLLEGE in partnership with Management Consultancy Project What this module is about This module is designed to provide learners with an opportunity to develop first-hand experience with a relevant organisation. Learners will focus on issues or problems relevant to the learner and the host organisation. Students will demonstrate an in depth knowledge of working practices…

Words 2474 - Pages 10

project portfolio Essay examples

Project (PORTFOLIO) INTRODUCTION: FINAL PROJECT Throughout the quarter, each of you will choose an issue in social psychology to research. This project will provide you an opportunity to practice research skills which are important for your professional careers. The resulting data evaluation skills will serve to improve your ability to make decisions. Topic areas for Social Psychology include: Aggression Altruism Group Process Prejudice and Discrimination Gender Self-Identity You will write a white…

Words 1389 - Pages 6

Essay on Research and Data

THE NATURE OF RESEARCH Research involves original work in answering a question or solving a problem . Of the several different research approaches available, this book focuses on those approaches which can be applied to solve questions or problems that are directly related to everyday life . The technique of community involvement in practical issues is often called action research . In this chapter, you will find an overview of the steps needed to develop an action research plan . Common…

Words 6502 - Pages 27

Essay on Market Research Projects

Seminar für Allgemeine BWL, Marketing und Marktforschung Prof. Dr. Marc Fischer Worksheet No. 1 – Solution Outline (Design of Market Research Projects, sampling fundamentals and sampling procedures) 1.) Since Blu-ray players have only recently been introduced in the German market, only few experiences on the purchase and usage behavior of consumers exist. The company SimSing wants to determine whether it is worthwhile for the company to enter the market for Blu-ray players. Therefore, it…

Words 1804 - Pages 8

Essay about PRMGT Assignment Q 22Jan2014 V2

CT050-3-3 Project Management In-course Assignment Company : Healthy Living Pte. Ltd. (HL) - Singapore Service : Global IT Services (GITS) - Malaysia Project : Global Supply Chain Management Project (GSCMP) I. Assignment Learning Outcomes 1. Decide the aims and objectives, deliverables and scope of a typical IT project within the wider context of IT management, create appropriate standards and procedures and communicate the outline of the project effectively to a variety of stakeholders, discuss…

Words 2689 - Pages 11

Essay on Is305 Project 1

PROJECT Project Project: Risk Management Plan Purpose This project provides an opportunity to apply the competencies gained in the units of this course to develop a risk management plan for a specific business problem related to an organization's identification of an outdated plan. Required Source Information and Tools The following tools and resources that will be needed to complete this project: Course textbook Internet access for research Defense Logistics…

Words 2320 - Pages 10

Essay about BA Stage 2 Folio Checklist 14 15 1

Folio checklist Design & Research FOLIO Over the course of the project you have been producing a range of work in a variety of media. The folio brings that body of work together and offers the chance to develop, organise, edit and curate your project to its best advantage. The folio must be laid out in InDesign (> masterpage/ coherent margins/ (invisible) organisational grid/ coherent fonts & font sizes/ etc.). All sheets and chapters must be annotated and/or accompanied by text. Hard copy • Format:…

Words 370 - Pages 2