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Macroeconomics Project - Unite

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Stella Magill and Bianca Vega

GDP Data from 2000 - 2014


As you can see from
this graph, the GDP
continues to go up,
and then starts to
go down in 2007,
due to the Great
Recession. After
2009, the GDP
increases, meaning
that they were

Components of the UKs


GDP

Population, unemployment rate, &


poverty
The population of the United Kingdom
is 64.10 million
The unemployment rate of the UK is
7.2%, making it rank 76th in the world
Out of the 64.10 million people in the
United Kingdom, 16.2 million of those
people are below the poverty line. The
data for the world rank was

Currency & exchange rate


The currency of the UK is pounds (). A
pound equals 0.6391 USD.
A US dollar is worth 1.492 times more
than a pound. 1/.67 = 1.492
100 pounds = $148.42 USD.

Exported & imported goods


and partners
Exports - Manufactured goods, fuels, chemicals, food, beverages, tobacco
Partners: Germany - 11.3%, US - 10.5%, Netherlands - 8.8%,

Honors GDP Data Comparisons

Exported Goods and Partners


United Kingdom:
Goods: Fuels,
chemicals, food
beverages and
tobacco
Partners:
1.Germany 11.3%
2.US 10.5%
3.Netherlands8.8%
4.France
5.US 4%
6.Ireland 6.2%
7.Belgium 5.1%

Belgium:
Goods: Machinery and
equipments, chemicals, finished
diamonds, metal and metal
products, foodstuff
Partners:
1. Germany 18%
2. France 16.1%
3. Netherlands 13%
4. UK 7.3%
5. US 5.3%
6. Italy 4.4%

Denmark:

Goods: Machinery and instruments


meat and meat products, dairy
products, fish, pharmaceuticals,
furniture, windmills

1.
2.
3.
4.
5.
6.

Partners:
Germany 15.9%
Sweden 13.5%
UK 9.6%
US 6.6%
Norway 6.3%
Netherlands 4.6%

Continuation
France:
Goods: Machinery and transportation
equipment, aircrafts, plastic,
chemicals, pharmaceutical products,
iron and steel, beverages
Partners:
1. Germany 16.7 %
2. Belgium 7.5%
3. Italy 7.5%
4. Spain 6.9%
5. UK 6.9%
6. US 5.6%
7. Netherlands 4.3%

Germany:
Goods: motor vehicles, machinery, chemicals,
computer and electronic products, electrical
equipment, pharmaceuticals, metals, transport
equipment, foodstuffs, textiles, rubber and plastic
products
Partners:
1.France 9.21%
2.United States 7.85%
3. United Kingdom 6.53%
4. Netherlands 6.33%
5. China 5.91%
6. Italy 5.05%
7.Austria 5.03%
8. Switzerland 4.3%

Relationship between
US and UK
Population: $318.9 million
Unemployment Rate: 7.3%
Population below poverty line:
15.1%

Population: 64.1 million


Unemployment Rate: 7.2%
Population below poverty line:
16.2%

During the recession both countries were


affected and therefore fell.
Both the UK and the US trade goods
with each other.
The UK exports Fuels, chemicals, food
beverages and tobacco to America while
the US exports nothing to the UK.

Would the fall of the economy affect the US?


The fall of this economy would actually not hurt the
US GDP. The US does not export or import
anything to the UK. If anything it would help the
US GDP because is the UK falls then people will
start buying product from the US instead.

Thank you!

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