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Global Economic Stats

Part 1 (150 words) –

Make some comments on CPI, GDP, and unemployment rate statistics. You are requested to make some economic observations from at least two different continents. Share your opinions on why the countries you are analyzing have strong or weak economic data. Is their any connection to how much the government is involved (planned vs. free market economies) and global trade?
What does the Gross Domestic Product (GDP) actually measure in terms of activity within the economy? (100 words)

Part 2 (125 words) –

Please comment on two interesting and often controversial economic comments. The first is, “Greed is Good” (from the movie, “Wall Street”). The second is, “Money is the Root of all Evil” (biblical proverb?)

 

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