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Question: Okun's law: Suppose the economy has a natural rate of unemployment of 6%.
(a) Suppose short-run output over the next 4 years is +1%, 0%, -1%, and -2%. According to Okun's law, what unemployment rates would we expect to see in this economy?
(b) Consider another economy in which the unemployment rate over the next 3 years is 6%, 7%, and then 4%. According to Okun's law, what are the levels of short-run output Y in this economy?
Find the natural equilibrium fish population and the maximum sustainable yield
Due to a slow economy, business has been slow and you are losing money every month. The owners have asked you whether to continue operations or to shut down at least until the economy improves.
For Keynes, the speculative component of money demand was volatile. This made the demand for money and the money multiplier volatile, so that monetary policy became an unreliable tool for stabilization. What were Keynes's reasons for his assertion..
1. what is the explanation that has stood the test of time and analysis as the major cause of the great depression? a.
Analyze the externalities concerning optimal levels of pollution and make at least one recommendation for the most economically viable way to proceed over the next 20 years. Explain your rationale.
So I am wondering if any of you over achievers have any advice for me. Specifically I am wondering - what else can I be doing to make my resume' more attractive?
the u.s. has experienced large and growing current account deficits for more than 20 years whereas japan has
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stuck on these an open economys GDP is always given by. 1.Y=C+I+G+T 2.Y=C+1+G+S 3.Y=C+I+G 4.Y=C+I+G+NX other things the same, an increase in the U.S interest rate causes the quanity of loanable funds supplied to 1. rise bc net ccapital outflow and do..
The salvage value in 10 years from now is $ 30000. The minimum required rate of return by the company is 10 %. What is the best option?
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