Wage contracts are associated with

Assignment Help Business Economics

Reference no: EM131391867

1. Wage contracts are associated with:

a. a price level that is inflexible upward b. a price level that is inflexible downward c. a domestic output that cannot be increased d. domestic output that cannot be decreased?

2. Consider the Taylor rule. If the inflation rate in the economy were to fall by 2% below the target inflation rate, the target federal funds rate would:

A. Decrease by 3.0%

B. Remain at 2.5%

C. Decrease by 1.0%

D. Increase by 1.0%

Reference no: EM131391867

Questions Cloud

Increase the gains from the trade and efficiency of market : In a price taker markets, imposition of price ceiling (of $1) below the equilibrium price (of $2) will cause producers to expand output. This will thereby increase the gains from the trade and the efficiency of the market.

Keynes mean by this quote from his general theory : What does John Keynes mean by this quote from his General Theory? "The ideas of economists and political philosophers, both when they are right and when they are wrong ar emore powerful than is commonly understood. Indeed, the world is ruled by littl..

Thomas robert malthus theory of population : Explain David Ricardo's theory of rent and Thomas Robert Malthus' theory of population. Why did their contemporaries call them the "dismal scientists?" Why were their predictions not correct in their time?

Why do nations trade-analyze american imports and exports : The inflation over four consecutive quarter is f1=1%, f2=0.5%, f3=-0.5%, f4=1%. What is the inflation for the entire year? Why the Is curve can be shifted by the change in government spending or taxation but not by the change in investment? Why do na..

Wage contracts are associated with : Wage contracts are associated with: Consider the Taylor rule. If the inflation rate in the economy were to fall by 2% below the target inflation rate, the target federal funds rate would:

Product of the scottish enlightenment : Adam Smith was a product of the Scottish enlightenment. Why is this important? Summarize his political-economic vision and his main contributions including his theory of moral sentiment, the division of labor and its implications, his theories of val..

Using box-jenkin four-step method : Explain the four steps of Box-Jenkin’s methods of forecasting. Using Box-Jenkin’s four-step method, forecast the US quarterly GDP for the second quarter of 2015.

True statement regarding free trade : Which of the following is NOT a true statement regarding free trade?

The risks related to reducing the reserve requirement : Over the past 7 years the Federal Reserve has taken many expansionary actions such as keeping interest rates low and buying government bonds and mortgage-backed securities to increase the money supply, hoping to spur buying and investment. However, a..

User Account

All Pages