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How do inflation and unemployment affect the economy in terms of growth (use U.S. as an example)?
Conduct research from viable and credible sources such as, and not limited to, economic journals, periodicals, books, databases, and websites. This assignment should be submitted/uploaded via BC Online on the date the assignment is due. Any late assignment will be subject to a letter grade reduction unless an extension has been negotiated with the professor prior to the due date.
In this written assignment, the quality of your writing and the application of APA format will be evaluated in addition to your content. Evaluation based on these criteria is designed to help you prepare your college projects, which must be well-written and follow APA guidelines. Each written assignment should contain a minimum of 300 words, but no more than 400 words. Make sure that you use correct spelling, grammar, and punctuation.
In the specific-factors model, an increase in the price of the manufactured good will cause:
In the late 1990s, the U.S. economy consistently saw increasing wages and increasing worker productivity. If wages rise, how does aggregate supply change? If productivity rises, how does aggregate supply change?
Suppose worker productivity increased at the rate of 1.9% per year. If the labor force grew by 1.5% per year, what rate of increase in RGDP would be sustainable without increasing inflation pressures?
She put her savings into mutual fund that paid a nominal interest rate of 7 percent a year. CPI was 165 at beginning of year and 177 at end of year. Illustrate what was real interest rate that Sally earned.
The language of price controls Suppose that, in a competitive market without government regulations, the equilibrium price of hamburgers is $7 each. Complete the following table by indicating whether each of the statements is an example of a price ce..
You are a member of Congress in 2007-2009 when the economy is in a recessionary gap. If your goal is to achieve full employment, you should vote for. One of the objectives of supply-side policies is to
Let the inverse demand curve be p(Q) = a − bQ. There are two firms with constant marginal costs of c and fixed costs of F1 and F2 which are incurred only if a positive quantity is produced. Show the condition that checks that the first firm would act..
q1. in long-run equilibrium assume the economy. in a short duration of time there is a pessimistic revision of
Elucidate what would be the immediate and long run effects on c, k, and y. Explain by drawing the path of these variables. Consider that you impose the new saving rate.
Jose rents office space for $20,000 per year. He uses the office to fill out tax returns for 1
What are the opportunities presented to individuals and firms that result from technological innovation and changes in real-world competition
They are all highly populated areas with target markets suitable for your products. One factor is which there several formidable competitors in all of the areas
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