Long and short run equilibrium

Assignment Help Chemistry
Reference no: EM132258352

Suppose the labour force in an economy is 100, its long run employment rate is 95% and its labour productivity (GDP/E) is 100. If current GDP is 8500, the economy is in long and short run equilibrium.

Reference no: EM132258352

Questions Cloud

Suppose you always use your credit card for purchases : Suppose you always use your credit card for purchases. Your credit card limit must then be thought of as part of your money holdings.
Discuss the sept eleven attack and its impact : Between 200 and2016, the US experienced remarkable changes internationally and domestically.
Potential for conversion to gold : Because it is no longer backed by the potential for conversion to gold, modern Canadian fiat currency is no longer able to serve as a form of money.
Average level of it production technologies : If an economy experiences an improvement in the average level of it production technologies, then, in the long run, both GDP and GDP per worker will increase.
Long and short run equilibrium : If current GDP is 8500, the economy is in long and short run equilibrium.
Describe in detail how this was resolved by the new power : Describe in detail how this was resolved by the new power balance of the 1787 Constitution.
What are the costs to the device company for manufacturing : Medical device company MedDevices, Inc. is a manufacturer of a combination insulin-pump and blood glucose monitoring device.
Use the money to buy two tickets : Should you ask your boss if you can use the money to buy two tickets? Why? in flying or lying in business class
Compute the total product per day and marginal product : The amount of labor to tend the machines, repair, adjust input flows, and remove completed pans, is variable, and output tends to follow the formula:

Reviews

Write a Review

Chemistry Questions & Answers

  Explain how the debt capacity of the governmental entity

Explain how the debt capacity of the governmental entity is determined and evaluate the effect of refunding or reorganizing existing debt obligations.

  Define the w per mole for a reversible isothermal expansion

What is w per mole for a reversible isothermal expansion of an ethane from 5-10 L/mol at 298k assuming a) ethane is an ideal gas and

  How to state the rate expression in terms of the appearance

How to write the rate expression in terms of the appearance of each product or disappearance of each reactant 2 HBr(g) _ H2(g) + Br2(g)

  Evaluate the mass of propylene glycol required

To obtain the same antifreeze protection requires 76 of propylene glycol to replace each 62 of ethylene glycol. Calculate the mass of propylene glycol required to replace 1.00 of ethylene glycol. The density of ethylene glycol is 1.12.

  What volume and mass of steam at 100 degress celsius and

what volume and mass of steam at 100 degress celsius and 1.00 atm would release the same amount of energy during

  Project management office-implementation recommendation

The purpose of the Portfolio Project is to synthesize current research about the project management office (PMO) and develop a recommendation.

  Explain what radioactive isotope emits a beta particle

What radioactive isotope emits a beta particle to give magnesium-24? a. sodium-24 b. silicon-28 c. aluminium-24 d. magnesium-25

  Define the solubility of organic compounds

A general statement concerning the solubility of organic compounds is: The smaller molecules dissolve best in a solvent with a low molecular weight.

  Calculate the number of moles of bicarbonate and acetic acid

Calculate the number of moles of bicarbonate and acetic acid in each test tube in the inquiry activity using the following information.assume the density of the vinegar is 1.0g/ml and that the solution is 5% acetic acid.

  Explain what is the ratio of the rate at deg celcius

With initial concenration of A and B of 0.04 mol/L, the rate of formation of AB is measured at 0.005 mmol/(Ls). When the initial concentration of A is raised to 0.07 mol/L, with that of B the same as before, the rate of formation of AB increases t..

  Compute the vapor pressure lowering

Explain a quantity of 0.1g of this enzyme is dissolved in 150g of water at 25 degrees Celsius. Compute the vapor pressure lowering, the depression in freeing point the elevation of boiling point, and the osmotic pressure of this solution.

  How many grams of ethyl acetate are formed

The equilibrium constant for this reaction at 55 °C is 6.68. A pharmaceutical chemist makes up 15.0 L of a solution that is initially 0.275 M in acetic acid and 3.85 M in ethanol. At equilibrium, how many grams of ethyl acetate are formed?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd