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GDP Project- Brazil 1 (20 points) Find the Nominal GDP, and GDP per Capita in Dollars and World Rank for your country, and include where

GDP Project- Brazil

1 (20 points) Find the Nominal GDP, and GDP per Capita in Dollars and World Rank for your country, and include where you got your source of information. (Examples include CIA World Fact Book, or International Monetary Fund Ranking). Also remind us the difference in Real v. Nominal GDP. Why do you think economists use GDP to assess the economies health

2 (10 points) In addition to Productivity (GDP) what is the Unemployment Rate and what is the current state of Inflation of your country? How does that compare to the United States current inflation and unemployment rates? Also what part of the business cycle is that country currently in? 3 (10 points) What is their Balance of Trade? Who are their trading partners? What do they Import, and what do they Export? 4 (10 points) What type of Government do they have? How does it compare to the US? 5 (10 points) Identify the advantages and disadvantages of alternate measures of a country's standard of living. 6 (5 points) Tell us 3 other fun or important facts about life in your country. 7 (5 points) Include all websites used in to find information

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