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Macro/i/economics question
I know it's a long shot but I wanted to go ahead and ask.
Is anyone familiar with graphing real GDP and/or Population Growth?
If so, can you help me? I will upload the images (3) if anyone thinks they can help me out.
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Re: Macro/i/economics question
*waves*
Do you need to know how to graph it in Excel or how to answer the question? Excel I can help with. Economics answers, probably not.
I need to answer the questions and graph it accordingly on the given graphs.
Awesome! I really appreciate everyone's help.
I emailed the teacher and she replied to 2 of my messages but not that last one. She's a really helpful teacher but I really want to get this quiz done tonight and not wait until tomorrow and I know this graph will be on the quiz.
Thank you so much, ladies!
Just so I can find it in my notes a little better, what is this for? Like, what is the chapter called? National Income Accounting? Have you learned the malthusian forumula yet?
Real quick because I think C is teething and I hear him stirring again
To find your GDP:
GDP = consumer spending + investments + net exports + gov spending
To find your Real GDP:
Real GDP = Nominal GDP in year X / price index
To find population growth (straight line growth)
N = dN / dt
r = rate of natural increase = birth rate - death rate
t = time given
n = current population
ETA. For graphing because it's hard to describe online and I'm not sure which graph you're at, use this site:
http://www.youtube.com/user/FreeEconHelp?feature=mhee
Mrs.RedRox--
Thank you for helping me out. I wrote a reply to your response last night but I just realized that it never posted. Sorry!
I am not working on my economics today but will tomorrow. I hope that the information you gave me will help me make sense of what I am reading.
The instructor agrees with me that the box is very conflicting when it quizzes you compared to what the chapter actually taught you. She told me that she has informed her boss as others have complained about the textbook as well.