Paper Title Goes Here 1

Phase 2

Paper Title Goes Here

Name

University

Class

Professor

Date

Paper Title Goes Here

Write your introduction here. Write a brief paragraph that introduces the reader to your topic and it should explain what your paper will be discussing. Much of your introduction may be taken from the assignment itself (in your own words). You will want to review the assignment AND rubric for full details and you will need to update the Title Page/Page Header.

500-700 words plus graphs. For assistance with your assignment, please use your text, Web resources, and all course materials

Part I

Introduce what will be discussed in Part 1 here. The assignment asks you to: Assume that Country A has a population of 500,000 and only produces one good—cars. Country A produces 100,000 cars per year. The people in Country A purchase 90,000 cars, but there are not enough cars to fulfill all the demand. They decide to import 50,000 more. The government buys 25,000 cars for its police force, and 10,000 cars are bought by companies to transport employees to other locations to work. They also export 65,000 cars to nearby countries for sale.

GDP Defined

What is Country A’s GDP? Use the text book/Live Chat to help define GDP. Cite your sources.

GDP Composition

What is the composition of GDPby percentage? Use the text book/Live Chat as a resource. Cite your sources.

GDP Per Capita

What is the GDP per capita?Use the text book/Live Chat to help define GDP. Cite your sources.

Keynesian Economics

How does this relate to Keynesian economics? Use the text book/Live Chat to help define GDP. Cite your sources.

Part II

Introduce what will be discussed in Part 1 here. The assignment asks you to: Go to the Bureau of Economic Analysis on the Department of Commerce’s Web site, and look up the latest new release for real GDP. Address the following questions after reading the latest release.

Real GDP

What is the real GDP today?

Largest GDP Component

What is the largest component of GDP?

Smallest GDP Component

What is the smallest component of GDP?

Fastest Growing GDP Component

What is the fastest growing component of GDP and why?

Components of GDP Change

What components of GDP were involved in the change from last month to this month?

Price Index

What is the price index today? What caused the change?

Conclusion

Explain what was discussed in your paper, highlight important aspects, provide summary remarks, include observations, etc.

References

List your reference here. The reference page must include all of the references you used, listed in proper APA format. Refer to the Citations.doc post in files area.