User Account

All Pages

Series of methodological improvements

Assignment Help Macroeconomics
Reference no: EM131071144

A series of methodological improvements to the Consumer Price Index that will continue into 1999 is expected to add about half a percentage point to measured productivity growth, raising the economy's sustainable rate of GDP growth from between 2 percent and 2.25 percent to between 2.5 percent and 2.75 percent." This will increase measured productivity growth because

a) of the inverse relationship between inflation and unemployment

b) lower inflation reduces uncertainty and increases investment, which promotes growth

c) if inflation comprises less of nominal GDP increases, real output increases must comprise more

d) this clipping is incorrect - changing the way something is measured should have no impact on growth 7

Reference no: EM131071144

Questions Cloud

Which specific foods provide the most fiber in your meals : Which specific foods provide the most fiber in your meals? Which provide the least? Identify trends in your food choices that might affect your fiber intakes.
What are some situations in which you might accept a higher : What are some situations in which you might accept a higher level (e.g., 0.1)?
Prompt and compare-contrast it to individualism-collectivism : Please respond to each prompt separately in 450 words. Note the type of cultural relationship discussed in the prompt and compare and contrast it to "individualism/collectivism" in culture.
How the given website helped you with your understanding : Choose at least one that you found useful and comment on how the website helped you with your understanding. The comment should be 150 words minimum and should be completed
Series of methodological improvements : A series of methodological improvements to the Consumer Price Index that will continue into 1999 is expected to add about half a percentage point to measured productivity growth, raising the economy's sustainable rate of GDP growth from between 2 ..
Goal of halving the budget deficit : Republicans are already eyeing changes to the inflation measure as a way to meet their goal of halving the budget deficit by 2002. The CPI is used to adjust social security and other benefits, and income-tax brackets, for inflation." The suggested..
Specifications of both the client and established company : This means there are only nine months to purchase the equipment and to train 75 new customer service representatives. As a purchasing agent, you are tasked with getting the computer equipment and software that the new agents will need to the speci..
Who is the protagonist and what is the conflict : Address the form in "The Snows of Kilimanjaro." What are the major differences between how this story is told and how more typical narratives, like Babylon Revisited," are told? Do these differences make "The Snows of Kilimanjaro" a better example..
Person sitting next to an oversized passenger : Southwest says their policy, in place since 1980, is designed to provide comfort for the person sitting next to an 'oversized' passenger. An airline survey revealed that the number one complaint (since the year 2000) has consistently been that "pa..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Assume the market for computer chips is dominated

Assume the market for computer chips is dominated by two firms: Intel and AMD. Intel has discovered how to make superior chips and is considering whether or not to adopt the new technology.

  Compute and contrast at least two two-year forcasts

Compute and contrast at least two two-year forcasts from separate sources for two economic indicator.

  What are the macroeconomic policies

If you are the chief economist of a country experiencing high unemployment and flat GDP, what macroeconomic policies might you enact in response to these economic conditions? How would you expect these policy changes to impact the economy?

  Suppose the price of unleaded regular octane gasoline were

Suppose the price of unleaded regular octane gasoline were 20 cents per gallon higher in New jersey than in Oklahoma. Do you think there would be an opportunity for arbitrage (i.e that the firms could buy gas in Oklahoma and then sell it at a profit ..

  Why a country that generally disregards the use of markets

suppose a person defects from cuba (a country that generally disregards the use of markets) to the united states and asks to see a market in action. when would you take her? did you give her a complete showing of this market?

  The present market conditions for the xerox corp

the present market conditions for the Xerox corp by addressing the price elasticity of demand for the company.

  Explain why do economists attempting to forecast

Explain why do economists attempting to forecast short run future changes in real GDP and employment look closely at data on business inventories and unfilled orders.

  How does one reconcile the apparent trend

In our look at democracy and sovereignty, one of the things that we observed is that we are seeing a rise of subnational groups in countries around the world. How does one reconcile this apparent trend with the accusation that globalization is le..

  Firm in perfect competition

A firm in a perfectly competitive market has the following total cost function: STC = 20 + 6Q - 1.12Q 2 + 0.09Q3, where Q is the firm's output (in 000s). Market price is $7.

  Is demand elastic-inelastic or unit elastic

Find the equilibrium price and quantity. Find the elasticity of demand and the elasticity of supply, evaluated at the equilibrium price and quantity. Is demand elastic, inelastic, or unit elastic? Is supply elastic, inelastic, or unit elastic?

  Next to each concept is a corresponding page

ECO 201 Unit 4 Homework Assignment. Assignment Direction At the end of each chapter is a section titled "Key Concepts", and next to each concept is a corresponding page where you will find its definition. Please expand on the text's given definition,..

  Opportunity cost of producing a capital good

1. What is the opportunity cost of producing a capital good such a new road? 2. In economic terminology, what is the meaning of investment?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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