NEED SOMEONE WHO KNOWS ECONOMICS

APA format, 4-5 pages

ECO 201

Library Assignment

Fall 2013

Dr. S. Gupta

Due: 12/01/13

Answer any one of the following:—

1) Investment instability—Changes in real private nonresidential fixed investment: The Bureau of Economic Analysis provides data for real private nonresidential fixed investment in interactive table form at www.bea.gov. Has recent real private nonresidential fixed investment been volatile (as measured by percentage change from previous quarters)? Which is the largest component of this type of investment, (a) structures or (b) equipment and software? Which of these two components has been more volatile? How do recent quarterly percentage changes compare with the previous two years’ changes? Looking at the investment data, what investment forecast would you make for the upcoming year?

2) Income Inequality and Poverty: How much family income does it take to be in the richest 5 and the richest 1 percent in United States? Go to the U.S. Census Bureau Web site,
www.census.gov
, and select “Income” (under People), ” Historical Income Tables (CPS),” and “Income Inequality.” What is the lower limit of household income for the richest 5 percent and richest 1 percent of families in the most recent year listed? What does the historical data (compare from 1999) suggest about the change in income distribution? Refer to the relative income share of the households. For which group the income share has changed the least? Next, select “Poverty” (under People). Is the number of people living below the official government poverty level higher or lower than it was in the preceding year? Than it was a decade earlier? Since the third quarter of 2009, the US economy is expanding. Does that explain the current trend in poverty? What in your opinion has caused this trend?

General Guideline:

1. This assignment must be done in a group of three students. You can choose your own team.

2. The assignment should be four to five type-written (double spaced 12 point) pages. Add separate pages for graphs and charts. Hand written answers will not be accepted. You must follow basic APA writing style.

3. Feel free to use any other references. Make sure to add a bibliography of ALL reference material you have used. The assignment will be graded at 50% of the total without relevant references.

4. Submit a hard copy as well as an electronic copy using Bb SafeAssignment tool. Plagiarism tools will be used to check the authenticity of the work.