Question
For this Assignment choose Uzbekistan and compare with United states and other countries while writing the assignment. A. collect annual data((yearly, one number for each
For this Assignment choose Uzbekistan and compare with United states and other countries while writing the assignment.
A. collectannualdata((yearly, one number for each year) for the most recent ten-year period andprovidedata tables and/or graphsof:
- Nominal and real GDP dollarsand growth rates(NGDP & RGDP).RealGDP is also known as "chained dollar" GDP, nominal GDP is also known as "constantdollar".
- CPI- Urban Consumers (Current Series, annual average, seasonally adjusted)indices & the inflation rates.
- Unemployment rates.
- Money Supply data.
B.Using the above data, summarizeand analyze your findings in your paper. Also, answer the following questions:
- Real GDP: Describe RGDP and indicate growth patterns related to the above data. Also based on current economic data, what are the most recent RGDP figures and how does this rate differ from previous years?
- CPI: What does it mean? Summarize your findings and address in which of the years above was the rate of inflation the highest and lowest, respectively.
- Unemployment rate: What does it mean? Summarize your findings in which of the years above the unemployment rate the highest and lowest, respectively. What is the most recent monthly unemployment rate in 2020?
- Business Cycle: Based on the above data and recent developments, and other sources; what phase of the business cycle is your country's economy currently experiencing?
- What are thespecific, currentfiscal and monetary policies being enacted? Are they appropriate for the current economic environment?
include:1. General description of the country: location, leader, economic system, currency, trade balance, primary exports and imports, etc.2. Standard of living in the country (GDP, GDP per capita, growth rates, consumption, unemployment rate, inflation) and an analysis.3. Income Inequality and Poverty Analysis.4. Anything (economically related) that is specific and typical of the country.
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