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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.
explain how India's IT sector is able to bypass the corruption cycle and so able to make more progress.
Compute the approximate real-world money multiplier and the money supply for situations a-c above.
Elucidate why the change in equilibrium salary exceeds the change in government expenditures in your answer.
elucidate the long-run impact on the price level and real output of an expectation by business executives of a recession in the near future.
Assume that the government wants to boost real GDP to its full employment level by changing lump sum taxes. Explain how large a change in lump-sum taxes, TA, is required to do so.
Illustrate the design a self-selection mechanism that permits you to identify each type of investor.
Elucidate why Brownstown's management was reluctant to release this information to its lenders.
Illustrate what would you expect insurance premiums to be higer (per dollar of death benefits) on standard life or credit life policies.
Describe the Aggregate Demand equation. Assume the output level described the corresponding long run equilibrium level of output.
Illustrate what would happen to the interest rate and level of income if the government increases its purchases.
Illustrate what kind of shocks could have caused this change to the money demand function? Describe the new interest rate and equilibrium level of output.
Calculate the simple Keynesian government purchases multiplier and the change in income.
Describe the size of both the government purchase and tax multipliers. What would happen to the equilibrium level of output determined.
Compute the Gross Domestic Product (GDP) and National Income (NI) utilizing Transfer payments, Taxes on production and imports, etc.
A farm worket gets paid today in money, but waits to spend the money until next week. This illustrates which function of money.
Describe the chain of events leading to the new macroeconomics equilibrium. Describe the current equilibrium level of disposable national Income using a Keynesian Cross Diagram.