Output gap as used in economics

Assignment Help Macroeconomics
Reference no: EM131166794

In brief what is the meaning of the term output gap as used in Economics?

Reference no: EM131166794

Questions Cloud

Computer-assisted auditing techniques : Which of the following computer-assisted auditing techniques allows fictitious and real transactions to be processed together without client operating personnel being aware of the testing process?
Create money by lending-called fractional reserve system : Money has several uses, in society. You might want to start by explaining what money does for us. Could we live without physical (cash) money? The banking system creates the money in the US ( the few physical bills are just receipts for bank reserves..
Which group decision-making technique do you recommend : Furthermore, meetings with this group often go off the agenda and drift into tangential subjects. A quick decision needs be made with input from all members of the team. Which group decision-making technique do you recommend
Causes of variances : Can the causes of variances be accountable to a specific manager? Think about which managers are in charge of purchasing, inventory management, production, and so forth. Why do we want to know who the manager is--to know who to blame or for one o..
Output gap as used in economics : In brief what is the meaning of the term output gap as used in Economics?
Construct a finite-state machine for a restricted telephone : Only calls to the telephone numbers 0, 911, and the digit 1 followed by 10-digit telephone numbers that begin with 212, 800, 866, 877, and 888 are sent to the network.All other strings of digits are blocked by the system and the user hears an erro..
Estimating input demand such as labor and capital : Derive a comparative static relationship for a firm that maximizes profit subject to a cost constraint for a two factor, single product function. Assume that the cost constraint is binding. Is this problem characterized by a counterpart to the Slutsk..
Describe purpose and function of national response center : Explain the purpose and function of the National Response Center. Your response must be at least 150 words in length. You are required to use at least your textbook as source material for your response.
Restrictions on imported steel rods : Suppose there is a policy debate regarding the United States' imposing trade restrictions on imported steel rods: Domestic producers of steel rods send a lobbyist to the U.S. government to request that the government impose trade restrictions on i..

Reviews

Write a Review

Macroeconomics Questions & Answers

  The role of government in the economy

With the ongoing debate about Healthcare and the current efforts to pull the economy out of the doldrums, the question comes up what is the role of government in the free market?

  The economy is made up of c and i and is currently at full

the economy is made up of c and i and is currently at full employment. if consumption is 5 trillion while savings is 1

  How does the wage compare to equilibrium wage

The economy has 1000 units of capital and a laor force of 1000 workers. a). Derive the equation describing labor demand in this economy as a function of the real wage and capital stock.

  1 conservative commentators in the us often attribute the

1. conservative commentators in the us often attribute the slow recovery to market concerns about what obama might do

  What information do require to perform a marginal analysis

Illustrate what Information do you require to perform a marginal analysis to identify the profit-maximizing output.

  Question about sticky wages

Think a proposal required all workers to provide each employee with health insurance. if a proposal would require all employers to give each worker health insurance,

  Calculate the equilibrium values of private saving

Suppose that GDP is 5,000. Consumption is C=1,000+.3(Y-T). Investment is I=1500-50r, where r is the real interest rate. Taxes are 1,000 and government expenditures are 1,500.

  How do barriers to entry impact the level of competition

Barriers to entry, such as patents, licenses, or international trade restrictions, may be government imposed. How do government-imposed barriers such as patents impact consumers and suppliers in these markets?

  Determining the discrimination policy

If a cinema could sell all its seats to adults in the evenings at the end of the week, but only a few on Mondays and Tuesdays, what price discrimination policy would you recommend to the cinema in order for it to maximise its weekly revenue?

  Expalin how does it estimate the demand for new products

Expalin how does it estimate the demand for new products so that it can prepare a production run. Which is more important for your business: lower cost, quality, customer expectations, or some other feature.

  Estimate the monopolist profit maximizing quantity

A monopolist has a constant marginal and average cost of $10 and faces a demand curve of Q D -Calculate the monopolist's profit maximizing quantity, price and profit.

  To whom will a bank be more likely to go for a loan

If the federal funds rate is 6 percent and the discount rate is 5.1 percent, to whom will a bank be more likely to go for a loan-another bank or the Fed?

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