Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
Calculating the growth rate of GDP deflator, growth rate of nominal GDP and real GDP from a given two years data.
Illustrate what was the growth rate of nominal GDP between 1999 and 2000. Compute the growth rate of nominal GDP, GDP Deflator and real GDP between 1999 and 2000.
Calculate the money multiplier, money supply, given the deposit currency ratio and the cash reserve ratio.
illustrate what is the necessary level of high-powered money. Compute the level of high- powered money given the Currency - deposit ratio of the public and the cash.
Explain how much does the money supply change if the Fed buys $30 billion of U.S. government Treasury bills from a government bond dealer.
Suppose the ratio of deposits that banks hold in the form of reserves is 7 percent. Illustrate what is the necessary level of high-powered money.
Assume the current government deficit is $100 billion and the government wants to maintain the debt-GDP ratio at 20 percent.
Illustrate what is the civilian unemployment rate (percentage, seasonally adjusted) for All Workers in May 2008.
Explain why is it important to distinguish among real GDP also Nominal GDP.
Ilustrate what is the official definition of a recession. Were we in a recession during the last three years.
For real GDP, Illustrate what is the advance dollar figure or the first quarter.
Illustrate what happens to the total value of the stock market as the economy moves from the original steady state to the new steady state.
Comprise a market-clearing economy in which output. Explain how does thee Steady state to u depicted.
Compute correlation among unemployment and inflation rate given relationship between the outputs and the unemployment rate and long run unemployment-inflation trade off.
his problem uses Okun's law to study explain how the unemployment and inflation rates change when there are demand shocks.
When and why were the inflation and unemployment rates positively correlated. Elucidate why there is no long-run unemployment-inflation tradeoff.
what would be the new rate of inflation also the output ratio.
Illustrate what will be the growth rate of nominal GDP. Elucidate what will be the new rate of inflation? What will be the output ratio.
Assume that natural real GDP is constant. For every 1 percent rise in the rate of inflation above its expected level, firms are willing to increase real GDP by 2 percent.
Illustrate what is the growth rate of nominal GDP in the economy
Illustrate what will be the growth rate of nominal GDP also illustrate what will be the new rate of inflation? What will be the output ratio?
Compute the value of the nominal wage rate that equates the demand for and supply of labor.
Compute real wage rate given labor demand and supply curve, nominal wage rate. Also Compute long run equilibrium price level and policy makers action.
Illustrate what is the long-run equilibrium price level. Elucidate whether policymakers took actions that increased or decreased aggregate demand.
Elucidate the meaning of a production possibilities curve. Illustrate what is assumed to be constant when we draw that curve.