What rate of increase in rgdp

Assignment Help Econometrics
Reference no: EM13187022

Suppose worker productivity increased at the rate of 1.9% per year. If the labor force grew by 1.5% per year, what rate of increase in RGDP would be sustainable without increasing inflation pressures?

Reference no: EM13187022

Questions Cloud

How tall will it be in 27 years : If the tree was 7 feet tall when it was planted, how tall will it be in 27 years? Round your answer to two decimal places.
How long will it take for the two trains to meet : Two trains leave stations 408 miles apart at the same time and travel toward each other. One train travels at 95 miles per hour while the other travels at 75 miles per hour. How long will it take for the two trains to meet.
Determine worker productivity increase rate : Suppose worker productivity increased at the rate of 1.9% per year. If the labor force grew by 1.5% per year, what rate of increase in RGDP would be sustainable without increasing inflation pressures
Task-oriented department mostly administrative in nature : What do you think are the risks involved (to HR, the organization as a whole) if HR does not make this a priority and instead remains a purely task-oriented department mostly administrative in nature?
What rate of increase in rgdp : Suppose worker productivity increased at the rate of 1.9% per year. If the labor force grew by 1.5% per year, what rate of increase in RGDP would be sustainable without increasing inflation pressures
Describe the long-term productivity in the united states : Terrorist attacks foster instability and may affect productivity over the short and long term. Do you think the September 11, 2001, terrorist attacks on the World Trade Center and the Pentagon affected short- and/or long-term productivity in the U..
What type of research design is professor grant using : Professor Rashad is interested in studying cognitive development. He collects and compares data from a group of 6-year-olds and a group of 10-year-olds. Five years later, he compares these two groups to each other again as well as to their own perfor..
Calculate the monopolists profit : Suppose the demand curve for a monopolist is QD = 500 - P and the marginal revenue function is MR = 500 - 2Q. The monopolist has a constant marginal and average total cost of $50 per unit. a. Find the monopolist's profit-maximizing output and price..
Explain serious problems of unemployment and poverty : The Case: The economy of Ethiopia is facing serious problems of unemployment and poverty. To cope up with these problems, Ethiopian president has called the economic advisors to analyze the facts and figures of the economy. Economic advisors sugge..

Reviews

Write a Review

Econometrics Questions & Answers

  Describe cost estimation processes

What is the profit-maximizing price and output level. Solve this algebraically for equilibrium P and Q and alos plat the MC, D and MR curves. b. What profit do you expect that the firm will make in the first year? c. Do you expect this profit leve..

  Find where demand and supply curves intersect

1. The three fundamental economic questions of what, how, and for whom: a-exist because of scarcity. b-are much more serious in a socialist system. c-are not serious in a capitalistic system. d-are not relevant in the industrialized world of today.

  Derive the short-run market supply curve

Suppose that there are 80 firms in a market, each with the following cost function: C(q) = 100 + 4q^2 A.) Derive the short-run market supply curve. B.) Suppose the market demand is Qd= 1280 - 30P Find the equilibrium market quantity and price.

  What is the multiplier for a lump-sum tax

What is the equilibrium level of income?  Is there an inflationary or a deflationary gap? Why? What is its magnitude? What is the value of the government expenditures multiplier?  What is the value of G that would move the economy to full employment ..

  What is the capital-output ratio k-y in the economy

Consider an economy with population growth at rate n = :03, technological growth at rate g = :02, depreciation at rate = :05, and a savings rate of s = :30. The economy is at steady state. (a) What is the rate of growth of aggregate income Y in this..

  Discuss the current us federal budget

Discuss the current United States Federal Budget and what are the major categories of expenditures? What has changed since 2005? Explain your reasoning.

  What happens to output if govt purchases are increased

This question considers a closed economy Keynesian model that is augmented to include transfers payments to consumers (Tr = Transfers) that increase consumers' disposable incomes and lower government savings.Derive and calculate the Keynesian mult..

  What is the expected wage in the city

Each member of the family has the opportunity to migrate to the nearest city where there are two different types of jobs. Informal jobs are available to everybody and pay $200. Formal sector jobs are more difficult to get and p..

  Determining greatest present value

Suppose that you have just been employed as a consultant to help a company decide which of 3-options to take to maximize the value of the company over the next three years.

  Is there any involuntary unemployment at any wage

certification roughly equivalent to a high school diploma. The demand schedule for new hires with le bac and the supply schedule for similarly credentialed new job seekers are given in the accompanying table. The price here- given in euros, the cu..

  What is the net present value for opportunity cost

what is the net present value if the opportunity cost of capital (discount rate) is 10 percent?b) add an outflow (or cost) of $1000 at year 0 . Now, what is the net present value? the future value of $500 invested at 8 percent for five years c) the p..

  Finding the probability

An ice cream vendor sells three flavors: chocolate, strawberry, and vanilla. 45% of the sales are chocolate, while 30% are strawberry, with the rest vanilla flavored.

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