Elucidate what affect does a high level of inflation

Assignment Help Business Economics

Reference no: EM137625

Q1. If you are the chief economist of a country experiencing high unemployment as well as flat GDP, what macroeconomic policies might you enact in response to these economic conditions? Explain how would you expect these policy changes to impact the economy?

Q2. How macroeconomic equilibrium does an economy achieve? Elucidate what affect does a high level of inflation have on macroeconomic equilibrium?

Q3. Joe Producer makes a product that sells for $1,000. In the production process, he pays $750 for wages, $125 for materials, as well as $ 75 for rent. Three-fourths of Joe's output is consumed as well as the rest is invested. Clarify how both the flow-of-product approach as well as the earnings approach can be used to measure GDP as well as the role profit plays in these calculations. Estimate GDP for Joe by means of both the product as well as income approaches as well as show how they must agree.

Reference no: EM137625

Questions Cloud

Clarifying resource demand : Clarifying resource demand as well as differs from those determinant product demand.

What is the range of body fat : If the ideal percent body fat for an acceptable male is 18-24 percent. If a male student weighs 190 pounds, what is the range of body fat (in pounds) needed to match the ideal.

What tax revenue will be generated. : Illustrate that the tax be acceptable in spite of the deadweight loss. What tax revenue will be generated.

Discuss and list the three discounted cash flow methods : An alternative to traditional equity and debt financing is leasing. Leasing is undertaken primarily for what purposes.Examine two major types of leases.

Elucidate what affect does a high level of inflation : How macroeconomic equilibrium does an economy achieve. Elucidate what affect does a high level of inflation have on macroeconomic equilibrium.

Illustrate the new budget constraint : If you calculated correctly, you found that a decrease in the price of books caused Alexandr to purchase more movies as well as more books. How can this be.

Consider a wide range of careers : Assume that society changed as well as encouraged both young women as well as young men to consider a wide range of careers.

Fema creates several mechanisms for communicating : The Federal Emergency Management Agency (FEMA) creates several mechanisms for communicating with the public. Read Are You Ready? An In-depth Guide to Citizens Preparedness on the FEMA website, and watch the series of videos on preparedness that are i..

Number of boat makers in the long run : What happens to the profits of boat makers in the short run. What happens to the number of boat makers in the long run.

User Account

All Pages