If real gdp is below potential gdp

Assignment Help Macroeconomics
Reference no: EM131139194

If real GDP is below potential GDP the government might decrease its expenditure on goods and services decrease transfer payments raise taxes or do some combination of all three this is called ?

Reference no: EM131139194

Questions Cloud

How information system influence business to more efficient : Explain how information systems influence businesses to be more competitive, efficient, and profitable. Provide at least one example for each factor.
Find the equation of any vertical asymptotes : Find the equation of any vertical asymptotes. f(x) = (x2 - x - 6/x2 - 3x - 10)
What was the growth rate of france real gdp : Suppose France's real GDP grew from $750 billion in 2010 to $821 billion in 2011. - What was the growth rate of France's real GDP?
Discuss the concept and be supported with scholarly research : Discuss the concept and be supported with scholarly research. Provide a practical example for each of the  systems approach to quality accounting information systems concepts.
If real gdp is below potential gdp : If real GDP is below potential GDP the government might decrease its expenditure on goods and services decrease transfer payments raise taxes or do some combination of all three this is called ?
Define a competitive equilibrium : Why does faster technological progress lead to more rapid accumulation of human capital?
How much would real gdp increase : If the multiplier is 15 and the government increased government spending by $30 billion, holding all other factors constant, how much would real GDP increase?
Specify the consumer maximization problem in this economy : Characterize the competitive equilibrium, and show that it coincides with the solution to the optimal growth problem.
Differences in discount rates across individuals : What happens if you estimate the wage regression similar to (10.12) in a world in which the source of disparity in schooling is differences in discount rates across individuals?

Reviews

Write a Review

Macroeconomics Questions & Answers

  1 change in quantity of hybrids divided by change in in

1. change in quantity of hybrids divided by change in in price of gas 0.25 and change in quantity of suvs divided

  Types of capital expenditure giving relevant example

Explain the two types of capital expenditure giving relevant example in each case.

  Difference between gdp-nominal gdp-real gdp

1. What is the difference between GDP, nominal GDP, Real GDP, GDP per worker and GDP per capita? 2. What were your reason for selecting the other country?

  Explain the classical macroeconomics theory

Classical macroeconomics theory concludes that ultimately Fiscal policy generates only quantity effects,  erratic investment causes long business cycles or else.

  In the late 1960s milton friedman and edmund phelps argued

in the late 1960s milton friedman and edmund phelps argued that there was not a structural relationship between

  Suppose that annual income from a rental property is expect

Suppose that annual income from a rental property is expected to start at $1,300 per year and decrease at a uniform amount of $50 each year after the first year for the 15 year expected life of the property. the investment cost is $8000 and i is 9% p..

  Annualization factor at interest rate

To implement the project, a new equipment is purchased at $15,000 which has a useful life of 10 years. Using the annualization factor at 4% interest rate, what is the equipment's annual depreciation cost?

  What are the long-run effects of this change on capital

Consider the optimal growth model with inelastic labor supply, and for simplicity assume that there is no population or productivity growth. What are the long-run effects of this change on capital

  Wjhat would affect the equilibrium real wage

Explain how each of the following would affect the equilibrium real wage, and equilibrium level of employment. a. A relaxation of immigration laws which leads to a large increase in the number of immigrants entering the country.

  The answer to each question should be a short to long

the answer to each question should be a short to long paragraph.1 what are the advantages and disadvantages of using an

  The real or the nominal interest rate

Which interest rate represents the opportunity cost of holding money - the real or the nominal interest rate? Explain and argue intuitively why the nominal interest rate (eg, the yield on a riskless bond) cannot fall below zero.

  How do barriers to entry impact the level of competition in

how do barriers to entry impact the level of competition in a market? what might happen to market price as greater

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