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    lady blue's Avatar
    lady blue Posts: 1, Reputation: 1
    New Member
     
    #1

    Mar 3, 2014, 01:33 PM
    Principles of Macroeconomics Question that I could not answer!
    QUESTION 1
    

If you had to pick ONE measure to use in order to gauge the general standard of living of the American people, what would it be? Why would you pick this one and not another? What are some pros and cons of using this one measurement?

    QUESTION 2
    

Technology plays an important role in the 21st century economy, especially regarding computing power, trade and communications. In your opinion, how might the continual improvement in technology affect the nation's unemployment situation?
    QUESTION 3
    

In your educated and informed opinion, are Americans in general better off today than they were 10 years ago (2004)? Explain the rationale behind your answer.
    QUESTION 4
    

Provide an example of how inflation has (or may in the future) impacted your life. Why might the increase in the overall price level of the good/service you picked have a different impact on someone else's standard of living than it does yours?

    QUESTION 5
    Is a growing economy desirable? Why or why not?
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #2

    Mar 3, 2014, 02:29 PM
    We don't do this amount of homework for people. I really think that you CAN answer all of those, at least half way. Or give us 5 questions you have answered, with your answers.
    Cat1864's Avatar
    Cat1864 Posts: 8,007, Reputation: 3687
    Marriage Expert
     
    #3

    Mar 3, 2014, 02:33 PM
    We will not do your work for you and, in reading over the questions, the answers will have to come from you since they seem to be looking your opinion and thoughts.

    Why don't you try answering them and we can go over your answers with you?

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