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Sample Economics Case study Assignment

Economics is a social science that focuses on the behavior and interactions of economic agents, such as individuals and businesses, therefore students will often encounter real-world scenarios and problems involving multiple disciplines, like math, sociology, and history. When students are given the opportunity to engage in solving problems that reflect real-world situations, they often need to think critically across knowledge domains. This Assignment is intended to provide an area of work in which you are able to see the course content in a real-world situation. Doing so will help you comprehend the material more effectively.

Use the information provided below to complete the questions. Total points = 100.

Suppose that data below corresponds to the small nation of Cruzville with a population of 189 people. Of the 189 residents, 57 are under 16 years of age, and 11 are institutionalized adults. People in the last two categories are not considered to be in the labor force. Of the remaining 121 residents, 16 are without jobs and have given up searching for a job, 6 do not have a job, but are actively seeking work, 20 work part ­time, and the rest work full time. Over the years, the natural rate of unemployment has been found to be 7%. In 2014, the consumer price index (CPI) was 112, and in 2015 the CPI was 130.

1. According to the information provided in the GDP background information handout, a) what are the 4 categories of the expenditures approach? b) how are these categories used to calculate GDP? (8 points)

2. According to table 2 in the GDP background information handout, what are the subcategories of Personal Consumption Expenditures? (8 points)

3. According to table 2 in the GDP background information handout, what are the subcategories of Gross Private Domestic Investment? (8 points)

4. Use the data provided in Table 1 (above), to calculate (show your work) the following macro aggregates: a) Personal Consumption Expenditures, b) Gross Private Domestic Investment, c) Net Exports, d) Government Purchases of Goods and Services, e) GDP using the expenditure approach & f) GDP per Capita. (18 points)

5. Cruzville economists have been using 2013 as their base year to calculate inflation.

a) What is the CPI during the base year (2013)? b) What is the CPI for 2014? c) What is the CPI for 2015? (3 points)

6. Calculate the rate of inflation for Cruzville between the base year (2013) and 2014? In other words, what was the rate by which prices increased between those years? Round the percentage to one decimal place; that is, 4.36% is 4.4%. (8 points)

7. Calculate the rate of inflation for Cruzville between 2014 and 2015? In other words, what was the rate by which prices increased between those years? Round the percentage to one decimal place; that is, 4.36% is 4.4%. (8 points)

8. How many discouraged workers does Cruzville currently have? Is this group considered to be in the Labor Force? Why or why not? (8 points)

9. Calculate the unemployment rate for Cruzville. Round the percentage to one decimal place; that is, 4.36% is 4.4%. (8 points)

10. Once you have calculated the current unemployment rate in Cruzville, what is the corresponding “employment rate”. In other words, which proportion of the labor force is considered employed? (8 points)

11. When an economy is experiencing an unemployment rate equal to the natural rate of unemployment, it is said to be at full employment. If in Cruzville, the natural rate of unemployment is 7%, what is the “full employment rate” or ratio? In other words, which proportion of the labor force is “fully employed”? (8 points)

12. According to the data, is the economy of Cruzville performing at, above, or below full employment? Explain. (7 points)

Type your response on a Microsoft Word file (.doc file), save it, and upload it through D2L. You MUST submit your response to the appropriate assignment folder by the due date. Work turned in using any format other than MS Word (.doc), may not be graded. In addition, work turned in late, via email, in my mailbox or in-class WILL receive NO CREDIT. Consideration MAY be given to late assignments for valid documented emergencies.

To submit your response, you will need access to internet, and a computer with proper software, if you don’t, you can use any of the “open lab” computers at any BC Learning Resource Center or in public libraries. No consideration will be given for not having access to the hardware, software or any other resource required to access the D2L platform.
Your response will be evaluated in accordance to the following Intellectual Standards; Clarity, Accuracy, Precision, Relevance and Logic. For more information review the assignment rubric.

You should only attempt to complete this assignment once you have finished reading, and reviewing (including taking notes) all of the textbook content for chapters 5 and 6. The background handout provided is useful but it should not be only your only reading source. An assignment of this nature may require 2 hours of reading, 1 hour to figure out the right answers and another 10 minutes to compose, edit and submit your MS Word file.

You should also be familiar with the Intellectual Standards, which are explained in the “Start Here” Unit, and also reviewed in part below.

The following Intellectual Standards; Clarity, Accuracy, Precision, Relevance, and Logic, will be used to grade your response. In other words, your grade will depend on how clear, accurate, precise, relevant, and logical your response is. As you write and draft your response, use the questions below to solicit or achieve each standard.

CLARITY: Could you elaborate further on that point? Could you express that point in another way? Could you give me an example?

ACCURACY: Is that really true? How could we check that? How could we find out if that is true?

PRECISION: Could you give more details? Could you be more specific?

RELEVANCE: How is that connected to the question? How does that bear on the issue?

LOGIC: Does this really make sense? Does that follow from what you said? How does that follow?

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Asking someone do my homework for me is tiresome, that is a main reason why we are here and guarantee, ensure spectacular quality. Let us talk a little bit about prices – the word to describe our pricing policy would be “reasonable’. They are low comparing to other similar services. Our main objective is to make our services affordable to every international student that contacts us, wanting to pass on assignments on time. We want every student to have an opportunity to be a successful high achiever. It is a perfect place where students can pay for algebra homework and get it done or just proofread, edited fast and cheap. Let us make some conclusion about what makes us the best service to choose. It is about our team of professional experts that can deal with any type of essays, shortly – we can cope with every assignment thrown at us. This is the reason that makes us different and proud of ourselves!

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Do My Homework Now – Best Academic Assistance Online

DoMyHomeworkNow is a 24/7 online paper writing company that provides students and learners of all ages, levels, backgrounds and aspirations with high-quality online homework assistance – one that includes composing, editing and proofreading your term papers, lab reports, essays, theses, PowerPoint presentations, etc. on a vast array of subjects in the school, college and university curricula. What started off as a small venture, through the years, transformed into a well-run and popular writing agency that boasts a team of carefully selected professional experts – true luminaries in writing. Cumulatively, they have written from scratch tens of thousands of pieces.

It is also worth a mention that all the members of our customer-centric community of writers, who are well-versed in their respective fields of study, continue to fully grasp and resolve the ever-evolving academic needs of our growing pool of clients.

So if you want to join the club of successful students, who have improved their grades, and have all your papers written the way they should be, all you need to do is send in a ‘do my homework for me’ request, and homework help of the most talented and powerful experts will immediately come your way.

Why Choose Us?


Our writers hold degrees in respective fields and have years of writing experience, so they surely know what students need.

24/7 Availability

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Years of Expertise

Dozens of writing services are available online, but we’re proud to be one of the oldest companies in homework writing help.

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All your payments are safer than ever. Our software engineers do everything to meet your expectations in this regard.

Best Quality

Each and every project is different, and we do our best to make them follow all the specific instructions provided by our clients.

Personal Approach

We try to make our communication easy and comfortable, so you can contact us by email, chat or call us using the toll-free number.

Can You Do My Homework for Me?

If there is one thing that makes our writing service unique and sets us apart from similar agencies found in abundance across the web, it is this: an uncompromising willingness to say ‘yes’ to every piece of homework you delegate to us. What it basically means is that no ‘do my homework for me’ call of yours or call for homework help ever goes unanswered.

As one of the most trusted places for academic writing for students, our agency offers distinct and unparalleled services aimed at meeting your specific writing needs – ones that our experts are mindful of and show great respect for.

But how do our experts achieve unwavering success with your homework, and eventually, pass it on to you so that you can claim this success as your own? Once you ask our seasoned to do my homework, they immediately begin to work on it, and boy, do they work hard! They follow to the letter all the rules you have set for them; they show genuine interest in your assignment, and they strive to accomplish it in the most satisfactory way both you and your teacher will approve of. What it implies is that you can always expect the homework help, provided by our professional writers, to bring you constant academic success – one that you can happily indulge in during all your time at school, college, university or any other educational institution.

Do My Homework ASAP, AssignmentBro!

You may think nobody will hear you desperately crying, “Somebody, write my homework and save me from this writing nightmare!”
But bros at can hear you.

Our professional writers have years of experience in the area of saving a regular college student from spending hours on their homework. They were students once, and they know for sure how many activities one can miss if does their homework for too long. Moreover, they know how hard it is to rely even on a friend to ask, “Do my homework!”, as to write as you would write is a challenge. But bros will do everything to sound like you and provide you with the paper you’ve never even been dreaming about.

The only things separating you and your ready-to-send assignment are one form with paper requirements to fill and one phrase to say, “Do my homework for me, bro!”

Want to be sure your assignment is in the right hands?

At our place, any hand is right – all of them turn out to be perfect. How come we’re so confident in our team? Simply because each rookie has to go through a so-called writing obstacle-course before getting down to your assignment. Tests, writing, trial tasks, close work monitoring – everything to ensure the quality of our assignment assistance. As a result – an extremely high concentration of top-notch professionals per square foot. Don’t thank us, bro.

“A nice writer. Fast, competent, knows her deal. She wrote my English essay, and it was pretty good. I asked for two revisions, and she made them no extra questions asked. The paper was on time. About the quality, I’d say 10/10. I’m sure I couldn’t have written a better one myself, she’s a real time-saver.”

“I don’t know about other fields, but all I can say, she is an ace in nursing. She provided my paper with some really nice sources and argumentation. Another thing I loved is that she really cared about my work, suggesting some new ideas or things I wouldn’t think of. I’m not a regular client here, but I’m sure we’ll work together again. “

“Decent writer with decent knowledge in several fields. He wrote three papers for me in arts, literature, and English. All of them were well-structured and of high quality. The thing I like the most is how the writer tries to stay close, asking extra questions and clarifying if there’s something he needs.”

“If there is one person who can do your law paper, it’s him. I mean it, the guy’s the person who made me believe in writing services in general. We’ve spent like half an hour discussing the aspects to make my work better. I’ve used different writers but never felt someone understanding me so closely.”

“We went through all of my dissertation process together. I used writing services before, but this girl is exceptional. When I asked, she explained how and why some passages were written this way. Sort of a small lesson from a private tutor. I guess I won’t be needing any assistance any time soon as I’m finishing my study, but still highly recommended.”

Plagiarism is an easily detected issue that can spoil reputation in no time. Bro will never go as low as to copy someone else’s work. Be sure that every paper is written from scratch and is custom-tailored to your request.

Bro keeps the prices affordable without any quality deterioration. We know how bad an empty pocket feels, which is why our assistance won’t cost you the fortune.

Although it rarely happens in our practice, we are ready to refund you if a received assignment does not meet your expectations. We work hard to satisfy your needs. Your success is our top priority!

Bro lets you chat with a chosen writer, which lets you communicate directly and discuss your concerns. Add comments, ask questions, or adjust your paper by talking to our specialist. It is your brotherly guarantee of getting every assignment right!

Mention everything you have on your mind concerning the paper. Tell us the type, deadline, specific requirements, or anything else you find relevant.

Scroll all the offers, check our writers’ experience, success rate. Damn, you can even chat with them first if you feel like. Anything you need to find the perfect match.

Control it all the way. See the ready progress on any stage. You can suggest, ask, or add something whenever you feel like. Forgot to mention something? That’s fine, say it now. We’ll make it work.

Not much to say here, huh? Your work is done and ready to use, all unique, plagiarism checked, and shinin’. Something still bothers you? Ask for as many free revisions as you feel!

Pay for homework and get even better grades

Our bros are focused on fruitful cooperation and getting you better results, so if you need each of your assignments to be done perfectly — ask us how! Each time you come to our bros and choose the most suitable for you, you can expect your grades to get higher and higher, as the more great papers you submit, the better your average grade.

What is is one of the websites that do your homework for you. We offer affordable prices, attention to your preferences and writing style, and, of course, meeting deadlines.

We prefer to be your bros rather than bearded old professors who share priceless knowledge in a very boring way. You can relax and explain your needs like you’re talking to a friend — we will transform casual language into formal quickly and at ease.

For the US customers, we offer assignment and homework writing services of all kinds, including math, accounting, law, nursing, marketing, and other types of assignment help. Our customers know that they should just ask, “Can you do my homework?” and describe their paper topic, choose a quality writer, and their favorite writers will give them what they need.

Why choose us as a service that does homework for you?

We offer not only professional help in doing your assignments.

  1. 100% confidentiality. No lecturer will know about your asking for our help. We don’t give our customers away.
  2. Constant online assistance. All your questions concerning choosing the writer, their work and experience will be answered by our support managers.
  3. The unlimited number of free revisions. We want you to be delighted with our bro-work, so you can suggest revisions as many times, as needed for your paper to be perfect.
  4. Properly formatted references list. You will always see the full basis of your paper.
  5. Strict conformity with academic standards. We know all the tricky formatting rules and we’ll show you that.
  6. One unique work for one person. Bros don’t sell old-time papers!

So, if you need a careful, devoted, and attentive bro, you can rely on us!

What do I get when I pay someone to do my homework assignment for me?

Plagiarism? Not on our site

100% of our works are written from scratch and with the help of reliable sources. You can be sure that your lecturer will be fully satisfied with your paper’s conformity with technical requirements.

Reasonable pricing

No college student will suffer either from challenging paper writing or from empty pockets. We want reasonable payment for our services, but what’s the point in asking for a fortune if our bro-customers cannot go to a party after getting the highest grade?

Aren’t satisfied? We offer a refund

You don’t have to pay for homework if we fail it. It is our duty to offer you a refund. Our job is to make your life easier and make you smile, and if you feel that your bro can’t do this miracle for you — well, they didn’t do their job, so you deserve another bro and your money.

Want to clarify anything or just ask something? Chat with your writer

The person who does your homework for you is a professional writer who knows how to do their job, yet you always can make sure that they really understand what you need, leave any comments to the assignment submitted, or adjust your paper in any other way you see fit. Any questions about how the writing of your paper is going will be fully answered within the shortest period of time.

How much does it cost?

It depends on the length and complexity of the work, as well as the type of work, such as writing, rewriting, and editing (rewriting and editing cost less.) Additionally, if you need your paper to be done much faster than it normally takes, you may have to spend more money, too.

Is it legal to pay someone to do homework?

There is no US law that prohibits such activity. However, some universities and professors are against such practice. That’s why we try to write the work that would look and sound as if you’ve written it personally. We are interested in mutually beneficial cooperation with you, not in getting you and us into trouble.

How many writers are currently working on the site?

There are more than 250 specialists with different fields of expertise who can provide you quality academic papers. You should only pick one of them, send them your assignment requirement, and describe your preferences or expectations to get your work done.

with their paper and were never disappointed. Join them, get a perfect paper and keep your bro close!

Get help with your assignment from our team of professional writers. We will help you cover any subject and beat any deadline.

Custom homework

Do you know the importance of writing homework papers in educational process? Do you often experience homework problems in College or University? Doing homework papers you comprehend that you won’t manage to turn in it on time? Are you in an academic dead-end when your homework sucks? Are you looking for professional homework guide to help write a homework paper on a required topic for you? Are you ready to pay money to get homework done. Our professional homework center is 24/7 available to solve all your academic problems concerning writing homework papers: homework essays, homework term papers, homework research papers, homework theses/dissertations and other homework projects of any complexity.

A custom service to address your writing needs

Most students find it hard to finish papers at some point in studies. If it ever happens to you, don’t get desperate—we have a service for every writing emergency!

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See how much your homework will cost

So, how much will our help with homework cost you? With the calculator below, it’s pretty easy to find out. Choose the paper type, deadline, the number of pages, and the difficulty level. That’s it – the price in question will pop up.

Keep in mind that the price greatly depends on the provided information. For example, the further the deadline, the cheaper the paper is going to cost you.

But if you have an urgent order, our writers won’t get scared. So click “Continue to Order” button and delegate your writing troubles to experts.

  • FREE bibliography page
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  • 24×7 support
  • Part-by-part payment
  • PowerPoint slides
  • Review your writer’s samples
  • Approx. 275 words / page
  • Font: 12 point Arial/Times New Roman
  • Double and single spacing

Helping you is our main goal

Whether you’re stuck with a problem, equation, or a piece of creative writing, we can come to your rescue. Here are just a few of many assistance services that we provide.

Homework help with 70+ disciplines is a homework writing company which provides homework papers for all disciplines of education such as Science, Statistics, Engineering, Physics, Geometry, English language, Social studies, Biology, Accounting, Finance, Chemistry, Math, Algebra, History, Art, Economics, Health, Technology, Business, Marketing, Literature, Management, Criminology, Nursing, Medical studies, Political science, Communications, Computer science, Religion, Anthropology, International Business (IB), IT, Consumer science, Business Law, Ethics, Astronomy, Education studies, Business Ethics, Teaching, Music, Geology, Psychology, Geography, Philosophy and others for all academic levels of education such as School, High School, College (junior & senior) and University (Undergraduate, Graduate, Master’s & Ph.D.). also assists with homework assignments such as homework essays, homework term papers, homework research papers and homework papers. We provide the best homeworks which are affordable homeworks because we care about our customers who contact us on regular basis for their problems associated to homework assignments such as homework essays, homework term papers, homework research papers and homework papers. Along with the provision of homeworks such as College homework papers, High School homework papers and University homework papers. is an internationally accepted homework company which provides homeworks that are quality homeworks. We have nearly 8,000 customers as our regular customers who contact us for their problems associated to homework writing help. We have also hired international writers from all over the world who are experienced and have the eligibility to write custom homeworks excellently for all educational topics. Our custom homework writing is exceptionally well and custom written homeworks which our writers write for you are matchless. will always provide you with customized homeworks that are original homeworks as our writers are fully aware of all plagiarism policies and principles and moreover we have acquired the latest technology for capturing all kinds of plagiarism to provide our customers with the best possible custom written homeworks that are quality homeworks. Remember your homework is in safe hands and your homework will be of premium quality if you let our writers provide you with homework writing service. Our homework writing help will always result in a homework that will be of superior quality. For homeworks help, don’t go to any other homework company, as other companies don’t care about your academic career and will provide you a plagiarized homework which will also contain errors and mistakes. For custom essay writing, contact

If you are in search of a homework site that provide online homework help and are using phrases like, “do my homework”, “write my homework”, “order homework online” – feel free to order homework writing service on our site. Our skilled writers will do your homework as for them doing homework is not a big task. We will provide you with the best online homeworks, homework essays and custom homeworks. There are a number of homework help sites but believe no one except because they will give you help on homework that will contain plagiarized material and plagiarized homework research. For help with homework, contact us and we will always provide you with a homework that will be of standard quality.

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