Description 1. Go to the online version of the Economic Report of the President, 2017 edition statistical tables. Find tables B1 and B5. Table B1 reports Gross Domestic Product for the United States (Scroll down for real values). Table B5 reports exports and imports for the United States in Millions of Dollars. Use this information to find the interdependence ratio (IR) for the US, 2000-2015. Report the ratio. Using excel, powerpoint, or other graphing software, plot the Interdependence Ratio, 2000-2015 and a. discuss any trends that are present, b. in one or two paragraphs, give your perspective (and defend it) as to whether this trend is a “good thing” or a “bad thing”. Please not that the IR was around 5 percent in the early 1960s. IR = [(exports+imports)/gdp]*100 Note: GDP is in Billions of dollars while exports and imports are in millions. Make the appropriate conversion. https://www.gpo.gov/fdsys/pkg/ERP-2017 2. Critically summarize and analyze Real World Micro article 1.2 3. Critically summarize and analyze Real World Micro article 8.3 ***NOTE: Please contact me and give me your email address, and I will forward you the articles to summarize and analyze.
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