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Sample Assignment on Economics USA

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Added on  2021-06-17

Sample Assignment on Economics USA

   Added on 2021-06-17

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Running head: ECONOMICS ASSIGNMENTEconomics AssignmentName of the studentName of the universityAuthor Note
Sample Assignment on Economics USA_1
1ECONOMICS ASSIGNMENTExecutive Summary:This report has intended to analyse economical performance of Australia and the U.S.A. fordoing so, the report has used data of real gross domestic porduct, inflation rate,unemploymnet rate, net export and exchange rate of Australia from 1990 to 2015. Moreover,it has used exchange rate data of this country. on the other side, the Fed rate has helped todiscuss about the economical condition of the U.S.A. after analysing relationships amongthose macroeconomical factors, it is seen that Australia is performing under recession periodof buisness cycle.
Sample Assignment on Economics USA_2
2ECONOMICS ASSIGNMENTTable of ContentsIntroduction:...............................................................................................................................3Discussion:.................................................................................................................................3Relationship between real GDP growth rate and inflation rate of Australia:........................3Analysis:.................................................................................................................................3Relationship between real GDP growth rate and unemployment rate of Australia:..............4Analysis:.................................................................................................................................4Relation between net exports and the real exchange rates between the USA and Australia:5Analysis:.................................................................................................................................6Relation between Cash rates of Australia with the Federal Reserve Fund’s rates of theU.S.A:.....................................................................................................................................7Analysis:.................................................................................................................................7Findings:.....................................................................................................................................9Conclusion:................................................................................................................................9References:...............................................................................................................................10
Sample Assignment on Economics USA_3
3ECONOMICS ASSIGNMENTIntroduction:Australia is a wealthy nation that increases its national income through exports ofmining, telecommunications, manufacturing and banking. This country possesses a marketeconomy with comparatively higher national income per capita than some countriesworldwide (Akyol and YILDIZ 2017). Consequently, the poverty level of this country is lowas well. On the other side, the United States of America (USA) has possessed a capitalistmixed economy, consisting with huge amount of natural resources and higher level ofproductivity. The specified economy is one of the fastest growing economies with its largestmarket share in world economy. As a result, the U.S Dollar is considered as the primaryreserve currency worldwide (Hall and Klitgaard 2018). Hence, these two countries havesignificant economic importance for which analysing various macroeconomical concepts isessential. The report has also intended to focus on various economical factors of Australiaand the U.S.A and has tried to analyse those as well. Those economical sectors factors are thereal gross domestic growth, interest rates, consumer price index, exchange rate,unemployment rate along with exports and imports. By collecting data from 1990 to 2015-16for both countries, the report has intended to establish various relationships among beforementioned macroeconomic factors like relationship between real GDP growth rates ofAustralia with its inflation rate and also with unemployment rate, for understanding theireconomic performances. Some other relationships, which this specified report is going toanalyse, are relationship between net exports of Australia with the US.A along with their realexchange rates. Moreover, relationship between cash rates of Australia and the FederalReserve Fund’s rates of the U.S.A has also been established within this report. Afterdiscussing entire concepts based on summary statistics, graphs and analysis with discussion,this report has focused to draw a prediction regarding macroeconomic outlook of Australia. Discussion:Relationship between real GDP growth rate and inflation rate of Australia:Real Gross Domestic Product (GDP) is a macroeconomic concept, which measuresthe value of economic output of an economy for a particular time, adjusted for inflation ordeflation (Konchitchki and Patatoukas 2014). This value is expressed with the help of base-year prices, which is referred as constant price. The real economic growth rate of a countrymeasures its growth rate with the help of this real GDP over the period. Inflation rate, on theother side, measures the rate at which a country’s general price levels of goods and servicesincreases (Jatoi and Khan 2015). This consequently leads the purchasing power of thiscountry in an opposite direction. Analysis:The real GDP growth rate at constant price of Australia is shown in the followingdiagram. Moreover, inflation rate of this country is also represented in the same diagram. Byanalysing this figure, the relationship between these two macroeconomical factors ofAustralia can be discussed.
Sample Assignment on Economics USA_4

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