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Hello, I am looking for someone to write an article on Argentina Project. It needs to be at least 1000 words.
Hello, I am looking for someone to write an article on Argentina Project. It needs to be at least 1000 words. GDP of Argentina (2005 - 2010) Year GDP per capita (constant 2000 US$) 2005 8097.418686 2006 8097.418686 2007 8699.009376 2008 9359.588686 2009 9893.811398 2010 9880.474096 Source: World Databank, 2011 World Databank 2011 The above data collected from the World Databank gives us the GDP of Argentina from 2005 to 2010. The increase in the GDP shows that the economy is expanding. However we must also see the price level and the inflation of the country. Some of the index used to measure the price levels are GDP deflators and the Consumer Price Index. The following figure illustrates the price level of Argentina based on the two indicators. Indicators for Inflation (2005- 2010) Year Inflation, GDP deflator (annual %) Consumer price index (2005 = 100)  .  .  . 2005 8.840489896 100.00 2006 13.42627796 110.90 2007 14.25823933 120.70 2008 19.06845032 131.06 2009 9.977458276 139.28 Source: World Databank 2011 The data collected from the World Databank gives us an insight into the inflation prevalent in Argentina. Initially, the GDP deflator exhibits that the Real GDP grew slower than the nominal GDP which means the price level rose in that period. However the GDP deflator decreased sharply in 2009. The Consumer Price Index exhibits a steady rise in the period from 2005 to 2009. We shall also consider the Unemployment Rate of Argentina.