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The three primary concerns in macroeconomics are national output/GDP, Unemployment, and inflation.
National output/GDP is quite simply put the dollar amount of goods and services over a certain period of time such as a year. The news always seems to show us percentages to show how the economy is doing as far as the country is concerned. If growth is good then it leads to lower unemployment and higher wages for the economy. GDP is more drastic in its effect on the market. High growth lads to higher profits and value for companies while the opposite is that if growth is low then the profits are just as low.
Unemployment is simply the number of people without jobs that are looking for jobs in the marketplace. The national output/GDP effects this by showing that when there is higher growth that the unemployment levels are generally lower.
Inflation is a measurement of the rate at which prices rise.
These are all the contributing factors of how the economy works by showing the rise and fall of prices and the change in supply and demand caused by the national output and the fall or rise up the unemployment rates of the country.
Explain how a reduction in each of the following variables affects the aggregate price level (P): (a) the expected price level; (b) employment; (c) the markup; and (d) unemployment benefits.
Given that this is a training manual to sensitize employees, how will this affect any practices at the company.
Define the purpose of the site. Describe the intended audience. Is the site's design appropriate for the intended audience? Why or why not? Be sure to also address all seven guidelines for successful web design. Does the site's design abide by each ..
Jane quit her job at IBM where she earned $50,000 a year. She cashed in $50,000 in corporate bonds that earned 10% interest annually to buy a mini-bus. Jane has decided to buy the mini-bus and set up a commuter service between Lincoln and Omaha.
What is the difference in the national income accounts if a firm purchases a car for an executive or the firm pays the executive an additional income to purchase a car?
The discount for the key person, one of the founders who may leave the firm upon your control of the Firm, is 15 percent. What price should you be willing to pay for these shares? (Round final answer to two decimal places.)
Assume that the Fed Reserve adopts an inflation targe of 3% for its monetary policy.
Differentiate the structural change and managerial opposition hypothesis as they relate to the decline in unionism. Determine which view do you think is more convincing?
For the product shown, assume that the minimum point of each firm's average variable cost curve is at $2. Construct a demand and supply diagram for the product and indicate the equilibrium price and quantity.
a. If Blutarsky only cares about the total amount of alcohol in his basket, what is his marginal rate of substitution of bottles of vodka for six? packs of beer? b. Write out a utility function to represent these preferences.
Stabilizing a nations price level and the purchasing power of its money can be achieved - Which of the following is not a possible source of natural monopoly?
Your friend tells you that she read an article about something called “janitor's insurance.” The article said that companies took out life insurance policies on some, if not all, of their employees
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