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Is the natural rate of unemployment fixed? Why or why not? How are full employment and the natural rate of unemployment related? Is the actual rate of unemployment currently greater or less than the natural rate of unemployment? Why?
If real GDP was $13.1 trillion in 2013 and $13.3 in 2014, what is the growth rate? (b) How many years would it take for GDP (gross domestic product) to double (using your answer fr
The aggregate demand curve shows the combinations of the price level and the level of output at which the goods and money markets are simultaneously in equilibrium. Let us now go o
Assume a market with demand Q = 16p^(--2) that is supplied by a monopoly with costs C(Q) = 6 + Q2/8. 1. Calculate the equilibrium price, output and monopoly profits. 2. What
Do we get paid nominal or real wage?
impact of change in government expenditure and tax on fiscal policy
Does a firm's price equal marginal cost in the short run, in the long run, or both? Explain.
There are many other macroeconomic indicators which one might expect to be affected following an oil price hike. Perhaps more obviously affected than GNP is inflation. DePratto et
What are three modifications to a polymer that can make it transparent? How will these modifications affect the mechanical properties of the polymer?
How does an increase in income affect a consumer's budget line and their total utility?
COMPARE AND CONTRAST CLASSICAL MODEL AND KEYNESIAN THEOTY
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