How does the unemployment rate compare

Assignment Help Business Economics
Reference no: EM132608413

When the equilibrium real GDP is below potential GDP, how does the unemployment rate compare with the natural rate of unemployment? What is expected to happen (without the government intervention) as a result of this state of affairs that leads to restore the long-run equilibrium of potential real GDP?

Reference no: EM132608413

Previous Q& A

  How each component contributes to the imc

An increasing trend in marketing communications is to use "content marketing." Discuss the components of content marketing described in the article.

  Example of a good or service with inelastic demand

Provide an example of a good or service with inelastic demand and another good or service with elastic demand

  Calculate the contribution margin variance

Calculate the contribution margin variance. Nanerty Inc. produces two types of backpacks: basic and deluxe. The basic backpack sells for $25 and the deluxe sell

  Natural rate of unemployment

Consider an economy with SRAS curve: Y = Ybar + a(P - EP) Where Ybar is the natural rate of output and EP is the expected price level.

  How much must Partner B report in his income tax return

Partner B earns $57,000, but withdraws only $49,000. How much must Partner B report in his income tax return as income

  Describe how the success of a pr campaign can be measured

Evaluate how the success of a PR campaign can be measured. Support your position. Incorporate concepts and examples from this week's lecture in your post.

  How do calculate income statement using marginal costing

How to Reconcile profits between marginal costing and absorption costing. How do calculate income statement using marginal costing

  Spending result in medical facilities

But what about demand for services that retired people need, such as medical care? Won't that spending result in medical facilities

  Incorporate the concepts of game theory

Incorporate the concepts of game theory with international trade and tariffs. Set up two payoff matrices. Set up the first payoff matrix

  What is the net cash from operating activities

Nittany, Inc. collected $25,000 from customers, recorded depreciation expense of $5,000, What is the net cash from operating activities

Reviews

Write a Review

 

Similar Q& A

  Favorite case study from the modules forum

American (domestic) current event, firm, or market. Foreign (outside of the U.S.) current event, firm, or market. Favorite Case Study from the Modules Forum. How has this course changed your thinking about the economy & your own   economic approach t..

  Present the empirical evidence and with the help

In this section you should present the empirical evidence and with the help of some microeconomic tools, you should explain rationally what happens in reality

  Producer of telecommunications in an economy

Imagine a firm which is the only producer of telecommunications in an economy.

  Perfectly competitive market structure is widely regarded

The perfectly competitive market structure is widely regarded as the most desirable way in which a market should operate. Please explain why economists come to this conclusion. Please also use a real world example in your explanation and use a chart/..

  Technophile and one person from general public

Suppose that a technophile is willing to pay $800.00 now for a new iPhone 11, but is only willing to pay $400.00

  Allocation of money-maximizes utilitarian social welfare

An economy has $72, to divide between Hamlet and Ophelia. Hamlet has the utility function u[H] = U[H] (m[H]) = 3m[H], where m[H] denotes his quantity of money. Ophelia has the utility function u[O]= U[O](m[O]) = 42sqrt(m[O]), where m[O] denotes her q..

  Calculate the four-firm concentration ratio

What price does this firm charge its customers - by what factor does this firm mark up its price over marginal cost and What happens to the optimal contract length when the marginal cost of writing a contract declines?

  Find the nominal interest rate and the inflation rate

Hy Marks buys a one-year government bond on January 1, 2012, for $500. He receives principal plus interest totaling $545 on January 1,2013. Suppose that the CPI is 200 on January 1, 2012, and 214 on January 1, 2013. Find the nominal interest rate, th..

  Use the cash-flow approach to the replacement study

A piece of equipment that was purchased two years ago for $59,000 was expected to have a useful life of 5 years with a $5,000 salvage value. Since its performance was less than expected, it was upgraded for $20,000 one year ago. Increased demand now ..

  Capital is on the vertical axis of isoquant map

Walmart is laying off cashiers, and increasingly adopting the policy where customers must use self checkout or pay a fee. Jason Clarke is the manager of a Walmart. There are 20 cashiers and 8 self-checkout stations in this store to serve 1000 custome..

  What law governs unfair trade practices

Outdoor World, Inc. is a retailer of sporting goods, equipment, and accessories for use in outdoor sports and camping. This week, the manager of Outdoor World places an advertisement in the newspaper "Coleman Tents- 50% off-This Week Only! Does the m..

  Explain the motivation for two decisions

Part A: Using the economist's model of choice, explain the motivation for two decisions you have made in the past year.

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