Reference no: EM13733537
True or false:
1. Most economists want a 0% target for unemployment.
2. The current natural rate of unemployment is thought to be somewhere around 5%.
3. If the economy is above full employment it causes higher than normal unemployment.
4. Inflation can be increased by either an increase in AD or AS.
5. Cyclical unemployment can be caused by a drop in AD or AS.
6. The natural rate of unemployment is associated with high inflation.
7. The core PPI is often used to predict where we are relative to full employment.
8. In a closed economy, inflation represents a decline in average real income.
9. Frictional unemployment is permanent for the labor force, temporary for individuals.
10. It is possible, although unusual, for cyclical unemployment to be negative.
|
Full employment and the exchange rate increases
: If the U.S. economy is operating near full employment and the exchange rate increases (the dollar appreciates), explain why the Federal Reserve will be less inclined to raise interest rates.
|
|
How selected category manifested in your social environment
: Select one category from the completed World View Chart. Provide a rationale for choosing this category. Provide one specific example of how the selected category is manifested in your social environment.
|
|
Find net exports and solve for the level of aggregate demand
: Consumption is $6 trillion, investment is $2 trillion and government purchases are $2.5 trillion. The country exports $1 trillion and imports $1.5 trillion. Find net exports and solve for the level of aggregate demand.
|
|
Research paper-impact on an organization marketing ovrerseas
: As with any company, Cochlear must take into account the varied macro and micro factors when deciding on their target market and then developing the appropriate marketing mix.
|
|
Inflation represents a decline in average real income
: Most economists want a 0% target for unemployment. The current natural rate of unemployment is thought to be somewhere around 5%. If the economy is above full employment it causes higher than normal unemployment. In a closed economy, inflation repres..
|
|
Describe the ethical decision-making framework
: In reflecting on the limited international laws and regulations and the differences between the US and other countries, briefly discuss some guidelines (principles and concepts) that you would have in your code of conduct (ethical/social responsib..
|
|
Start with population-kick out all those not in labor forces
: The following information is for the US economy in 1998: Find the US labor force, the number unemployed and the unemployment rate for 1998. Numbers are in millions. Hint: start with population and kick out all those not in the labor forces.
|
|
Investment is more stable than consumption
: When you buy 100 shares of IBM it is an investment according to economists. If consumers have few durable goods, this will lower the C line, all other things equal. A corporation is a legal person separate from the owners. Investment is more stable t..
|
|
Using the concept of diminishing marginal utility
: Pretend that you have just been surprised with a genuine e-mail that says you have just been selected by your favorite pizza delivery company that every day for the next month you will receive your favorite pizza for lunch and another of that same fa..
|