Discuss what rate of increase in the rgdp
Assume the worker productivity increased at the rate of 1.9% per year. If the labor force grew by 1.5% per year, discuss what rate of increase in the RGDP would be sustainable without increasing the inflation pressures?
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Assume you're proving that integer derived in certain manner is even, and that you're at the point in the proof which you've the integer expressed as 7(4k2 + 4k + 1) + 1. How should you rewrite this expression to show that the integer is even?
Let z be the set of integers. If a,b in Z, define a~b if and only if a+b is a multiple of 3, or a+b=3k, for some integer k. So the question: is ~ an equivalence relation? If it is, list the equivalence classes.
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Describe why the inflation rates are likely to rise when an economy expands beyond full employment capacity output. Illustrate an aggregate supply-aggregate demand diagram to illustrate your answer.
How many non-negative integer solutions are there to the equation x1+x2+x3+x4+x5=13
Describe why might the rate at which the Aggregate Supply curve shifts vertically upward increase when an economy produces beyond full employment.
Describe why the Aggregate Supply curve becomes increasingly steeply sloped at the levels of RGDP near "full employment" and becomes especially steeply sloped beyond the "full employment" RGDP.
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