The document provides questions related to economics topics such as types of unemployment, economic indicators of countries, GDP components and calculations. Specifically, it asks about: - Types of unemployment such as frictional and structural unemployment - Countries in recession and with inflation/unemployment issues based on economic indicators - Rapidly growing economies and safe countries to invest - Largest component of GDP formula and how to calculate US GDP for 2010 - US trade balance and description

1. Full Sheet of paper today
1. Recessions cause which type of unemployment?
2. After college if you don’t have a job, you will be
experiencing which type of unemployment.
3. The late 90’s are called the “Lost Decade” in Japan,
why do you think they call it that?

2. The Economist indicators 2013
4. Which 3 countries are in a recession? explain
5. Which 3 countries have problems with inflation?
explain
6. Which 5 countries have rapidly growing
economies? Explain
7. Which 3 countries would be safe places to invest?
Explain
8. Which 3 countries have problems with
unemployment? explain
9. Which 2 countries do you think will grow in the
future? Explain
10. Which 3 are net importers? explain

3. Unemployment types Assignment
1. Divide your paper into fourths
2. Draw a picture or comic to show the four types
of unemployment
3. On the back of the paper, write a few
sentences on how you will guard yourself
against each type of unemployment
• Quantitative easing: find an article on one of
the unemployment types, cite it and
summarize its findings.

4. 1.
GDP Assignment(It’s the part
Which part of the GDP formula is the largest?
you are the most involved in)
2. How many recessions has Argentina had since 1900?
3. When was their worst one?
4. Why are recessions good for selling inferior goods?
5. Calculate US GDP 2010
Consumers: $12 trillion
Investment: $1.45 trillion
Government: $2 trillion
Exports: $1 trillion
Imports: $2.05 trillion
7. Describe US
Trade (net….?)