Question:
(a) Describe the trends over time in the economic wellbeing of two or more countries. (Mexico and Canada)
(b) Describe why economic wellbeing differs across these countries and across time.
(c) Be sure to consider the sources of output and output growth (such as factors of
production and productivity of those factors); as well as the effects of trade on
economic wellbeing. See Chapter 1 of “A Concise Guide to Macro Economics” by David A. Moss.
(d) How does your analysis of wellbeing depend on the measure you use?
Data:
Link: http://data.worldbank.org/indicator
GDP (current US$)
GDP per capita (current US$)
GDP growth (annual %)
Gini index
Submit:
Essay (3-4 pages)
Reference list
Figures plotting above data
See suggested format
See grading rubric
analyzing the trends and factors affecting the economic wellbeing of Mexico and Canada over time, including the sources of output and output growth, the effects of trade, and the impact of different measures used to assess economic wellbeing.
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