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question inflation and the quantity theory suppose velocity is constant the growth rate of real gdp is 3 per year and
question price stability suppose you are the head of the central bank and your mandate is to maintain the price level
question real and nominal interest rates suppose the real return on investing in a machine is 5 and the inflation rate
question earning the nominal return suppose the inflation rate is 5 suppose the marginal product of capital in a firm
question can interest rates be negative consider the following two questionsa can the real interest rate be negative in
question the costs of inflation consider two possible inflation scenarios in one the inflation rate is 100 per year but
question optimal unemployment insurance consider the following two proposals to reform unemployment insurance explain
question present discounted values ii repeat exercise for an interest rate of 1 then for an interest rate of 5 arrange
question how much is a college education worth in the text we supposed a college education raised a persons wage by
question a positive oil shock suppose scientists discover a new way to extract oil from deposits that were previously
question reducing tax rates suppose the government decides to reform the tax system to reduce the marginal income tax
question how many missing jobs suppose the us unemployment rate at the start of 2010 had been 6 instead of 97 how many
question is the unemployment rate in europe today higher or lower than in the united states what about hours worked per
question what are some examples of changes in the economy that would cause the labor supply curve to shift what might
question what is the difference between the natural rate of unemployment and cyclical unemployment how are these
question what explains the general rise in the employment-population ratio in the united states by how much did the
question increasing returns and imperfect competition suppose a new piece of computer software - say a word processor
question suppose a friend of yours decides to write a novel explain how ideas and objects are involved in this process
question per capita gdp in the long run suppose an economy begins in steady state by what proportion does per capita
question predicting steady states and growth rates consider the data in the table belowyou may find it easier to answer
question foreign aid consider a solow economy that begins with a capital stock equal to 300 billion and suppose its
question what is nonrivalry and how does it lead to increasing returns in your answer what role does the standard
question what determines whether a curve shifts in the solow diagram make a list of the parameters of the solow model
question an increase in the labor force consider a onetime change in government policy that immediately and permanently
question a decrease in the investment rate suppose a country enacts a tax policy that discourages investment and the