User Account

All Pages

Given that the annual average growth rate of potential gdp

Assignment Help Macroeconomics
Reference no: EM13378052

Given that the annual average growth rate of potential GDP is 6.48%. Suppose the economy grows 0.5%/year faster than at the growth rate of potential GDP. What is the first quarter at which actual GDP exceeds potential GDP?

Given Real GDP = 13450
Given Potential GDP = 14250

Reference no: EM13378052

Questions Cloud

Statistics1 an electronics company is about to launch a new : statistics1 an electronics company is about to launch a new product. if the serial number for eachnbsp piece produced
Assume that the treasury is currently running large : assume that the treasury is currently running large surpluses tax collections exceed new government spending. on a
1 draw a supplydemand diagram of the market for loanable : 1 draw a supplydemand diagram of the market for loanable funds in the u.s. use the interest rate as the price of
Draw a supplydemand diagram of the market for loanable : draw a supplydemand diagram of the market for loanable funds in the u.s. use the interest rate as the price of loanable
Given that the annual average growth rate of potential gdp : given that the annual average growth rate of potential gdp is 6.48. suppose the economy grows 0.5year faster than at
In order to maximize profits monopolies produce where : in order to maximize profits monopolies produce where marginal revenue marginal cost lt market price. contrast this to
Describe an industry that would meet the conditions of a : describe an industry that would meet the conditions of a perfectly competitive industry which areahere are many buyers
Chrissy purchases food f and other goods y and has the : chrissy purchases food f and other goods y and has the utility function ufy-fy with mufy and muyf. her income is 12.
Shellys preferences for consumption and leisure can be : shellys preferences for consumption and leisure can be expressed as uc l c - 200 times l - 80 . this utility function

Reviews

Write a Review

Macroeconomics Questions & Answers

  Describe the maximum and minimum amounts

Describe the maximum and minimum amounts that can be produced

  Illustrate what does the fundamental assumption of marginal

Illustrate what does the fundamental assumption of marginal utility theory suggest about the connection between money and happiness.

  Effect of tax rebate on consumer spending

Based to the News, how much more did the average household spend on appliances, electronics, and furniture when it received the 2008 tax rebate?

  Explain what the rate of money growth should equal

If we assume that velocity of money is constant, does this zero-inflation goal require that the rate of money growth equal zero If yes, explain why. If no, explain what the rate of money growth should equal.

  External economies of scale and dynamic

Which of the following goods or services would be most likely to be subject to (1) external economies of scale and (2) dynamic increasing returns? Describe your answers.

  Explain where an employee can reasonably expect privacy

Electronic Surveillance of Employees View the video: "Electronic Surveillance of Employees" by clicking on the link in the course shell. There is also a link that will allow you to print the script of the video. Write a four to five (4-5) page rep..

  Demonstrated understanding of key economic concepts

At the national level, public debate has centred on the performance of the main monetary measure – GDP. Each year we must do better than the last; otherwise we are officially in recession…while GDP growth is important for raising living standards, it..

  When a small firm expands the scale of its operations

When a small firm expands the scale of its operations, why does it usually first experience increasing returns to scale When the same firm grows to be extremely large, why might a further expansion of the scale of operation generate decreasing ret..

  Does the law of diminishing returns apply to h

Suppose the number of points on an economics midterm (P) can be characterized by the following procution function: P=5H-4B; where H is the number of hours spent studying for the exam and B is the number of beers consumed the week before the exam.

  What is distinction between net investment, gross investment

What is the distinction between net investment and gross investment? Which is the total amount spent on investment in a given year? Which is the change in the capital stock?

  1 discuss the optimal method for procuring a modest number

1. discuss the optimal method for procuring a modest number of standardized inputs that are sold by many firms in the

  How does a generic drug differ from its brand

How does a generic drug differ from its brand name, previously patented equivalent Explain why the price of a brand name drug typically declines when an equivalent generic drug becomes available Explain how that drop in price affects allocative ..

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