Nominal interest rate-the inflation rate

Assignment Help Business Economics
Reference no: EM131112717

1. Suppose total output (real GDP) is $10,000 and worker-hours are 20,000. We can conclude that:

A. nominal GDP must be between $10,000 and $20,000.

B. labor productivity must be $0.50.

C. the price-level index must be less than 100.

D. real GDP per capita must be $200,000.

2. If the nominal interest rate is 18 percent and the real interest rate is 6 percent, the inflation rate is:

18 percent.

24 percent.

6 percent.

12 percent.

Reference no: EM131112717

Fundamental problem the science of economics is concerned

Farmer brown produces eggs and milk on his farm. He initially produces at point A. HE WOULD LIKE to produce the same amount of eggs per day and increase his milk production by

Repay the loan with six equal annual payments

You borrow $42,000 and repay the loan with 6 equal annual payments. The first payment occurs one year after receipt of the $42,000 and you pay 8% interest compounded semiannua

What type of unemployment qualifies each scenario

The purpose of this assessment is to review a few scenarios and identify the type of unemployment applicable in each scenario. Discuss what type of unemployment qualifies each

How merger can possibly lead to cost savings-profitabilty

Few years ago, Delta Airlines and Northwest Airlines merged together and created the largest airlines in the world. The logic was to be more efficient and improve profitabilit

Leader-follower relationship is strongly affected

Comment upon Hollander’s (1992) suggestion that the leader-follower relationship is strongly affected by the “perceptions, misperceptions, and self-oriented biases” brought to

Competitiveness is the global competitiveness report

Part of developing a long-term R&D strategy is to locate facilities in countries which are widely known to be competitive. Your company seeks to develop R&D facilities in Asia

Effects of various shocks and policy changes on an economy

The AD/AS model is useful in predicting the effects of various shocks and policy changes on an economy. The model is based on goods and services being exchanged in well-functi

Describe a data consolidation strategy

A retail chain keeps daily data with summaries of the dollar amounts of sales for each of 151 different products sold at 23 retail stores. The daily data is tracked by product

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd