blog 9 of awesomness

Part !:
      This week was short and we started an introduction into Macro-economics; which is the study of the economy as a whole not individually. We took a quick look at GDP and it's effect on the country's over-all appearance as a place to live and get jobs; another aspect that has that same effect it the unemployment rate of the total population in any given country. GDP is calculated in the FINAL good, meaning it's only calculated when any good or product is purchased for the last time. not including the sale of used cars. we also took very quick looks at, Recessions, depressions, stagflation, inflation and deflation.

Part Z:
     Our money is worth less in places like the UK but in others our money is worth more. When you travel to other countries you have to exchange your money for a kind like theirs. Its approximately 1.3 american dollars to equal one euro. Meaning that the net worth of our money is less than of one euro. This is partly because of our debt but also partly because we try to stretch out the gold value behind the money as much as possible.

Part 3:
     Other things that could determine the health of the country is the housing. If there aren't enough houses for the amount of people then there will be more poverty and even if they are employed they may still be homeless. Also the amount of available crops that are healthy because if fast food is the only source of food for some people then the people themselves will be rather unhealthy and i would not want to live there. Plus debt and the surroundings. If they have earthquakes and hurricanes and constantly have to rebuild things i would not want to live there either.