In the economy of Game of Thrones, the economy produces 500 units of swords, 1,000 units of arrows, and 200 units of archery bows in 2012. In 2012, swords cost $2, arrows cost $4, and archery bows $2. In 2013, the economy of Game of Thrones produced 600 units of swords, 900 units of arrows, and 300 units of archery bows in 2013. Each costs $2.50, $5, and $1 in 2013. Show
a) Nominal GDP in 2013 is $6,300. b) The growth rate of real GDP 2012-2013 is 1.67%. c) GDP deflator (GDP Price Index) in 2013 is 116.67. d) Real GDP in 2013 is $5,400. The four components of planned aggregate expenditure are: A. spending on domestic goods, domestic services, foreign goods, and foreign services
Dave's Mirror Company expects to sell $1,000,000 worth of mirrors and to produce $1,250,000 worth of mirrors in the coming year. The company purchases $300,000 worth of new equipment during the year. Sales for the year turn out to be $900,000. Actual investment by Dave's Mirror Company equals ___ and planned investment equals ___. A. 250,000; 150,000 Sets with similar termsRecommended textbook solutions Principles of Economics8th EditionN. Gregory Mankiw 1,335 solutions Introductory Business Statistics1st EditionAlexander Holmes, Barbara Illowsky, Susan Dean 2,174 solutions
Fundamentals of Engineering Economic Analysis1st EditionDavid Besanko, Mark Shanley, Scott Schaefer 215 solutions
Financial Accounting4th EditionDon Herrmann, J. David Spiceland, Wayne Thomas 1,097 solutions Recommended textbook solutions
Introductory Business Statistics1st EditionAlexander Holmes, Barbara Illowsky, Susan Dean 2,174 solutions
Century 21 Accounting: General Journal11th EditionClaudia Bienias Gilbertson, Debra Gentene, Mark W Lehman 1,009 solutions
Essentials of Investments9th EditionAlan J. Marcus, Alex Kane, Zvi Bodie 689 solutions Principles of Economics7th EditionN. Gregory Mankiw 1,394 solutions Recommended textbook solutions
Statistical Techniques in Business and Economics15th EditionDouglas A. Lind, Samuel A. Wathen, William G. Marchal 1,236 solutions
Statistics for Business and Economics13th EditionDavid R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams 1,692 solutions
Introductory Business Statistics1st EditionAlexander Holmes, Barbara Illowsky, Susan Dean 2,174 solutions Principles of Economics8th EditionN. Gregory Mankiw 1,335 solutions What happens when unemployment is above the natural rate?Alternatively, when the unemployment rate rises above the natural rate, the inflation rate will tend to decelerate. The natural rate of unemployment is the level of unemployment consistent with sustainable economic growth.
When the actual unemployment rate is more than its natural rate the quizlet?If the actual unemployment rate is higher than the natural rate, cyclical unemployment must be positive. If actual unemployment is below the natural rate, cyclical unemployment must be negative. If the rates are the same, cyclical unemployment is zero.
When the actual unemployment rate equals the natural unemployment rate inflation is quizlet?Unanticipated inflation is 0. Actual unemployment equals the natural rate. Cyclical unemployment is 0. If aggregate demand unexpectedly speeds up, the economy will face what?
What can you deduct if the actual rate of unemployment exceeds the natural rate of unemployment?What can you deduce if the actual rate of unemployment exceeds the natural rate of unemployment? If the actual rate of unemployment is greater than the natural rate of unemployment, then some workers are cyclically unemployed and the economy may be in a recessionary phase of the business cycle.
|
If the actual rate of unemployment is above the natural rate of unemployment, then Quizlet
zusammenhängende Posts
Urheberrechte © © 2024 ketiadaan Inc.
