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Unemployment rate (LUNEMP):
A key variable to assess the performance of any economy when an economy is growing, the unemployment rate will fall as job creation increases and in turn this will impact positively on GDP. For this project, the correlation between oil prices and unemployment will be observed, with the aim of analysing whether an oil price shock would lead to more unemployment as might be expected to happen as oil is a major element of production in certain industries and asthe production costs increase, businesses may have to reduce costs in other areas, such as labour. The data is in the form of the unemployment rate of the UK. This is calculated as follows;
what are its effects on the Indian economy? Ans) It is largely positive. Globalization has brought a lot of jobs and large sums of investment to India. India's economy has been
Function given: Qt=A0Lt^6Kt^4, Lt=L0e^.03t, Kt=K0e^.02t 1. Growth of labor is continuously compounded at 3% 2. Growth of Capital is continuously compounded at 2% Solve:
discuss the different of cost?draw the cost curves
Overnight target rates and inflation One of the main targets of every central bank is a low and stable inflation. It's main control variable is the overnight interest rate targ
Give a brief description of the transmission mechanism 1. When the central bank target rate increases, other interest rates in the economy will increase (and the money supply
Q. Show the investment function in the IS-LM model? The investment function in the IS-LM model Investment was an exogenous variable in cross model owing to the fact that
Was money a better store of value in the United States in the 1950s than it was in the 1970s? Why or why not? In which period would you have been willing to hold money? Which one w
Explain why P=MC in the short-run equilibrium of the perfectly competitive firm, whereas in the long-run equilibrium P=MC=AC.
definition and charactoristics of index numbers.problems while constructing index numbers
Given a four sector economy how do you find the budget balanced
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