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The long run natural rate of unemployment is 5%. The current rate of unemployment is 3% what do we expect to happen if no policy is used.
If no policy is used in the long run we would expect unemployment to [increase, decrease, stay the same]
If no policy is used in the long run we would expect the CPI to [increase, decrease, stay the same]
A. Both unemployment and CPI increase
B. Unemployment increases and CPI decreases
C. Unemployment decreases and CPI decreases
D. Unemployment decreases and CPI increase
Explain your reasoning also explain Illustrate what she needs to do methodologically to make a stronger case.
The World Bank is considering an application from the country of Equatoria for a large dam project.It is also possible that the new lake area may contribute to the spread of water-borne diseases.
A person can choose to work any amount from 0 to 52 weeks per year at a wage of $1000 per week. Draw her annual budget constraint, representing total annual consumption versus annual weeks of leisure.
Consider a consumer who has preferences defined over commodities x and y. Suppose she is endowed with initial resources ω = (ωx,ωy) » 0 and faces prices p = (px, py). Draw the consumer's budget constraint, explicitly identifying the roles of ω and p...
how can two countries both be better off as a result of trade? how can tariffs protect u.s. jobs? do tariffs lead to a
Between 2000 and 2003, the rate of change in price level in Japan was generally between –0.5 percent and –1.0 percent; therefore, the nation experienced a deflation. Research deflation in Japan and explain what happened to the equilibrium price level..
Under the conditions of monopolistic competition:
In 2010, 500 radios were produced and 100 computers were produced. price of radio was 100 and computer was 1,000. In 2015, 550 radios were produced and 900 computers were produced and price of radio was 150 and price of computer was 400 Compute the p..
Why does nearly every purchase you make provide you with consumer surplus - compared to the short-run supply of rental housing, long-run supply.
Identify and briefly explain in your own words three specific macroeconomic topics or ideas that you found to be the most important and/or most interesting. Be specific, and explain.
Falling Gas/Oil Prices is a good thing, right? Please develop a course of action to help stabilize the economic crisis that seems to be hitting parts of Texas and North Dakota the hardest since China’s slowing economy lowered demand and the price cra..
Assuming that all of each firm's $16 fixed cost is sunk, what is a firm's short-run supply curve?. What is the short-run market supply curve? c. Determine the short-run equilibrium price and quantity in this industry.
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