Deflation occurs when Select one: O a. economic activity declines. O b. the unemployment rate declines. O C. the average price level declines. O d. the economic growth rate declines.
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A: Option (C) is correct.
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A: Answer is given below
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A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
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A: Answer: A (7 percent) Explanation: The interest rate in case of anticipated inflation of 3% is given…
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A: Answer Explanation Unemployment increases during recession and decreases during expansion. In…
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A:
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A: The relationship between nominal interest rate and real interest rate is that Real interest rate =…
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A: Potential GDP: - potential GDP is the highest level of gross domestic product that can be achieved…
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A: Nominal GDP = Current Year Prices * Current Year Quantities Real GDP = Base Year Prices * Current…
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A: The inflation rate is the percentage change in the average level of prices over a period of time.
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A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
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A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
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A:
Q: If the unemployment rate is the natu O A. greater than; decreasing O B. less than; decreasing O C.…
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A: Variations od actual GDP around potential GDP are called economic fluctuations and is also termed as…
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A: Real GDP = (Nominal GDP / GDP deflator) x 100
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Q: Potential GDP is O a. a measure of the short term fluctuations in real GDP. O b. another name for…
A: Answer to the question is as follows:
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- Which of the following statements is true? According to Okun's law: Select one or more: O a. unemployment is illegal. O b. more unemployment causes more inflation. O c. the unemployment rate is correlated with the growth rate of GDP. O d. higher growth of gross domestic product tends to cause more unemployment. O e. the higher the growth rate of the Gross Domestic Product, the lower the growth rate of unmeployment, other things being equal.economic Suppose that an economy’s production function is Cobb–Douglas with parameter a=0.3. a. What fractions of income do capital and labor receive? b. Suppose that immigration increases the labor force by 10 percent.What happens to total output (in percent)? The rental price of capital? The real wage? c. Suppose that a gift of capital from abroad raises the capital stock by 10 percent.What happens to total output (in percent)? The rental price of capital? The real wage? d. Suppose that a technological advance raises the value of the parameter A by 10 percent. What happens to total output (in percent)? The rental price of capital? The real wage?Suppose that an economy’s production function is Cobb–Douglas with parameter = 0.3 a. What fractions of income do capital and labor receive? b. Suppose that immigration increases the labor force by 10 percent. What happens to total output (in percent)? The rental price of capital? The real wage? c. Suppose that a gift of capital from abroad raises the capital stock by 10 percent. What happens to total output (in percent)? The rental price of capital? The real wage ?
- Are these micro or macro questions ? v) How large is KFC’s share of the fast food industry? (vi) How will implementation of a minimum wage rate affect your 17 year old brother’s budget?(Please 2 answer s) Question 27 : Consider tablets which are used by a majority of consumers. Suppose that due to the development of 5G technology, tablets underwent a major advance from 2020 to 2021 in terms of the number of functions they could do. The tablets in 2021 sold at the same price as those in 2020. Which of the following would tend to increase in 2021 as a result of this major advance? Select only one : O CPI O Purchasing power of money O GDP deflator O None of the above Question 28 : Suppose a country enters a major recession where the number of unemployed increases a lot and the wages of jobs fall a lot. Assuming no other major changes, what would be the effect of this change on a country's CPI? Select only one : O Increase O Decrease O Stays the same O Unclearb. If there is an increase in the price of tea (only) in the cafeteria of Sarhad University (only), can this be inflation? If yes, then how and if no then why?
- Suppose that the following headlines appeared in a newspaper. Which would most clearly represent a macroeconomic issue? Select one: O a. "United Workers Union to Strike April 15" O b. "Central Bank Raises Interest Rates" O. "Fanny's Freeze Dried Prunes to Lay Off 50 Workers" O d. "Auto Dealership to Cut Prices"If you an? out of school but working part time, are you considered employed or unemployed in U.S. labor statistics? If you are a full time student and working 12 hours a week at the college cafeteria are you considered employed or not in the labor force? If you are a senior citizen who is collecting social security and a pension and working as a greater at Wal-Mart are you considered employed or not in the labor force?Why do you mink the U.S. experience with inflation over the last 50 years has been so much milder than in many other countries?
- Whose unemployment rates are commonly higher in the U.S. economy: Whites or nonwhites? The young or the middle-aged? College graduates or high school graduates?In 2019, a. what percentage of the labor force was employed? b. what percentage of the labor force was unemployed? c. what percentage of the total population was employed?Business Economics Quiz: Week 5 Quiz This Question 5 of 20 (11 complete) The unemployment rate O A. shows the percentage of the population that is considered unemployed. C B- shows the percentage of the labor force that is considered unemployed. O C. is the amount of people in the population that are not working O D. is the amount of the labor force that is not working Suppose an economy is given by the following Population 258 million Labor force 161 million The number of people employed 154.6 million The number of people unemployed 6.4 million Given the information above. the unemployment rate is T% (Enter your response rounded to one decimal place)