08 Jun Question http://www.wsj.com/articles/fre
Question
http://www.wsj.com/articles/french-economic-growth-stagnates1439530420
Related to Article:
1. acquire information about unemployment, real GDP growth and inflation
in Italy(Eurostat is fa find resource). Look at last time the ECB was raising
interest rates dramatically-what was the inflation rate, unemployment rate
and real GDP growth rate then in Germany compared to now?
2. Examine the quarterly Real GDP, unemployment rate and inflation rate of
another country in the EUROzone. Are they currently in a recession? Is their
inflation under control? compare their current economic performance with
the erozone as a whole. EU and eurozone is different.
3. contrast the economic growth of france with that of the UK. What
differences are there in C,I, and G between the Eurozone and the UK?
(OECD is fine resource)
4. The article briefly mentions the decline in French construction spending.
Why would this be particularly worrisome for economists?
5. Supose the economy of the Eurozone can be minded with the CobbDouglass production function. Suppose also that he eurozone’s
Kapital(=capital input) stock is roughly twice the size of the Labor force and
that alpha=1/3. What is the impact of an increase in labor(due to migration)
on Y and real wages? Instead, what is the impact of an increase in alpha to
1/2 on Y and real wages? Instead, what is the impact of an increase in
kapital(=capital input) on Y and real wages?
PLEASE answer these questions in real easy/baby understanding level.
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