- The total US debt as of March 25, 2011 is 14.26 trillion dollars. How much is 1 trillion? (Just to put this number in perspective - total public parking spaces (metered/road) etc. in San Francisco is about 500,000. Average cost of a car in that area is about $30,000. Compare the debt in terms of some quantity you can imagine.
- Here is an alternate way to understand this figure. The population of US is approx. 311,000,000. Whats the debt per person then? per family? What will a family do if they are in such a debt?
- Canada's debt is approximately 540 billion dollars, and population is 33,739,000. Compare the debt per person and per family v/s US. Growing economy like India has a debt of approximately 750 billion $s. Population is 1.2 billion.
- What is debt? This is essentially what govt. owns to people (shares/bonds...). Usually it is seen in comparison to GDP, gross domestic production. This is the market value of all the goods and services produced within a country in one year. Canada's GDP is about 1.6 trillion $, debt around 540 billion $. US GDP is 14.6 trillion and debt 14 trillion. (How can Prime Minister/President reduce debt and increase GDP - whats a healthy economy?)
- During the federal election in Canada, it is claimed that the cost of election is $300 million dollars. Calculate whats the cost of election per household in Canada? We are having almost one election/year - as opposed to one in 5 years.
- In 2008, in Canadian elections, there were approximately 23,000,000 voters on list and only 14,000,000 voted. The distribution of votes in this election between main parties (Conservatives, Liberal, Bloc, NDP, Green) were (38%,27%,10%,18%,7%) and the number of seats in the parliament were (143, 77, 49, 37, 0), respectively. What do these numbers mean? Does parliament reflect the % of votes? Can you think of a better mechanism?
- If you hear the results on May 2, after the polls close, you will see many types of graphs, analysis, trends, ups and downs etc. Can you think of drawing a line graph whose slopes are 1, 0, -1, 2, 3, -2, -3. What linear equations these graphs satisfy assuming that they pass through the origin.
- If I have a line segment, lets say originating at (0,2) and ending at (4,13), then I can measure its length by actually drawing it and then use a ruler. Can I do in some other way as well? In general if the coordinate of the endpoints are (x1,y1) and (x2,y2), what is its length?
Saturday, April 16, 2011
Saturday April 16, 2011
This is federal election time in Canada as well as budget talk in the US. Questions are based on those!