21if planned aggregate expenditure pae in an economy equals

Assignment Help Business Economics
Reference no: EM13352238

21. If planned aggregate expenditure (PAE) in an economy equals 2,000 + 0.48Y and potential output (Y*) equals 4,000, then this economy has

The town of Cuomoville consists of the following individuals:
Zach is a jet fighter pilotin Air Force.
Yvette is employed part time as the Town Librarian.
Xavier has his own carpentry business.
Wanda works full time at the local flour mill.
Victor has not been able to find a job for two years and has given up looking for work,
spending his time recently at the Occupy Wall Street demonstrations in Manhattan.
Ursula usually works as a teacher, but she has been home for the month caring for a sick child.
Thomas works 60 hours per week as a marijuana grower and dealer.
Samantha was just laid off from Home Depot and is actively seeking a new job.
Robert works four hours per week as a lounge musician.
Quincy is a recent college graduate and he has been busy looking for his first real job.
Patricia is employed full time as a lawyer.
Ophelia is a college student with a part-time job as a waitress.

What amount of labor force in Coumoville? What is the unemployment rate?

Reference no: EM13352238

Questions Cloud

Q1 how is frequency of action potential traffic in the : q.1. how is frequency of action potential traffic in the various neurons of the circuit altered while someone goes from
Q1 what are the definitions of the following cost concepts : q.1 what are the definitions of the following cost concepts fixed costs variable costs and total cost?2. give the
Q1 conservationists will take snow geese off endangered : q1. conservationists will take snow geese off endangered species list while the population hits 10000. if populations
Q1 an abandoned indiana coal mine spoil bank contains : q1. an abandoned indiana coal mine spoil bank contains chunks kof pyrite minerals. under constant erosion and
21if planned aggregate expenditure pae in an economy equals : 21.if planned aggregate expenditure pae in an economy equals 2000 0.48y and potential output y equals 4000 then this
Q1 why is it that i feel so tired right after eating a big : q1. why is it that i feel so tired right after eating a big meal except have a bunch of energy about 2 hours after a
Q1 discuss the pros and cons of annuities when compared : q1. discuss the pros and cons of annuities when compared with other financial instruments and whether they provide a
Q1 in 1973 cohen and boyer devised a plan to carry out a : q1. in 1973 cohen and boyer devised a plan to carry out a research that revolutionized molecular biology and
Q explain the sequence of steps by which an action : q. explain the sequence of steps by which an action potential propagates without loss. illustrate a diagram of an axon

Reviews

Write a Review

Business Economics Questions & Answers

  Evaluate keynesian economists besides john maynard keynes

Evaluate the Keynesian economists, besides John Maynard Keynes. Determine which economist you feel made the most significant contribution to economic theory. Justify your selection.

  Compute the decline in consumer surplus

If this tariff is imposed, how much will consumers pay for a pound of tea. What is the quantity demanded. Compute the decline in consumer surplus.

  Elucidate what is the opportunity cost of choosing the apple

A persone has a choice between an apple or an orange. the persone chooses the apple. Elucidate what is the opportunity cost of choosing the apple.

  What solution might there be for these people

Discuss and post what solution might there be for these people who lack access to computers. Recalling that the definition of perfect competition refers to a market with many buyers, among other factors, thus, how may these people gain access to the ..

  Elucidate how would this affect the net public debt

A federal government agency that purchases certain types of home mortgages, buys U. S. Treasury bonds from another government agency, elucidate how would this affect the net public debt, other things being equal.

  Illustrate what is ingrid salary in dollars

Ingrid took a university teaching job as an assistant professor in 1974 at a salary of $10,000. Illustrate what is Ingrid's 2003 salary in 1974 dollars.

  Congress decides to reduce the tax paid per pack paid

If congress decides to reduce the tax paid per pack paid by sellers of cigarettes other things being equal the cost of cigarettes will fall.

  Illustrate what ranges of the money growth rate

Illustrate what ranges of the money growth rate (assuming positive values) would allow the Bank of Korea to achieve this objective.

  What fiscal policies and monetary policies would be

What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?

  How government can use accommodating monetary

Show, using an AS-AD graph, how government can use accommodating monetary or fiscal policy to return output and unemployment to their long-run values.

  How to allocated his entire budget to the purchase of apples

Suppose Jason has allocated his entire budget to the purchase of apples and bananas. The marginal utility of the last apple purchased is 10 utils and each apple costs 10 cents.

  Know how to do their job and can help organization smoothly

All of these methods help an organization mold strong, smart, motivated employees that know how to do their job and can help the organization smoothly.

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