Management arm of the eu

Assignment Help Macroeconomics
Reference no: EM132181420

The European Commission, which is the management arm of the EU and with which the government of Italy must negotiate, argues that the increase in Italy's natural unemployment rate as well as the narrowing of the gap between potential and actual GDP does not support Italy's proposed increased government spending. Explain. (By the way, a "structural budget deficit" is what the government's budget deficit would be if the economy's actual real GDP = potential real GDP.)

Reference no: EM132181420

Questions Cloud

Worldwide governance indicators for central africa : Examine the Worldwide Governance Indicators for Central Africa, 2007 - 17, 2012 - 15, 2017 - 19, and for Poland 2007 - 73, 2012 - 83, 2017 - 78.
Discuss about the us cuba relation : Prepare outline and annotated bibliography for Issue Paper - Topic: US Cuba relations; Issue: Impact of end of Castro era (1976 - 2018).
Government spending and taxation policies : Remembering that "fiscal policy" refers to a government's spending and taxation policies, what do the authors suggest that Germany (and Holland)
Use Yates algorithm to estimate the factor effects : Use Yates' algorithm to estimate the factor effects. This process can be simplified into a single run by using the sum of the three replicates as the data
Management arm of the eu : The European Commission, which is the management arm of the EU and with which the government of Italy must negotiate, argues that the increase in Italy
Output growth and inflation are lower than expected : You hear a news report that output growth and inflation are lower than expected. How do you expect that report to affect interest rates? Explain why.
Opening a bank account and depositing : Suppose the target reserve ratio is 0.15. By opening a bank account and depositing $1,000 you will increase deposit $5,000.
What is the overall effect on equilibrium price : The market for gasoline has changed in a couple significant ways over the last few years: new technologies have decreased the costs associated with producing.
What is the minimum cost output for the bagel producer : What is the minimum cost output for this bagel producer? Justify your answer by discussing average total cost and marginal cost.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Clearly state one agro oriented vulnerability

Do YOU agree? Why or why not? Clearly state one such agro oriented vulnerability along with your recommendation for mitigation through vulnerability reduction.

  What is the inflation rate in the long run

The quantity of money grows at a rate of 20 percent a year, real GDP grows at 8 percent a year in the long run, and the velocity of circulation is constant. What is the inflation rate in the long run

  When does a recession begin and when does it endthe dating

when does a recession begin and when does it end?the dating of a business cycle is done by the business cycle dating

  Explain intuitively why the case increases or decreases

Suppose that normal workers increase a rm's revenue by $6, while smart workers increase revenue by $A, where A > 6. Firms cannot tell smart workers from normal workers ex ante, but can observe a worker's educational level.

  Illustrate what is the equilibrium output of such knives.

What is the equilibrium output of such knives. Illustrate what is the equilibrium output of such knives.

  Prepare a reformulated balance sheet

Of the total liabilities, $190 million were deemed to be financing liabilities. Make a reformulated balance sheet that distinguishes items involved in operations those involved in financing activities.

  Explain why the overall gains from trade are still positive

In the gains from trade diagram in Figure, suppose that instead of having a rise in the relative price of manufactures, there is instead a fall.

  Explain what happened in these two time periods

Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience.

  Explain imf world economic outlook reports

What do these numbers tell you about the phase of the business cycle in the United States, Euro area, and Japan in 2008? What do these numbers tell us about the relative size of the natural unemployment rates in the United States, the Euro Area, an..

  What is the endowment effect

A consumer is given the chance to buy a baseball card for $1, but he declines the trade. If the consumer is now given the baseball card, will he be willing to sell it for $1?

  What is the price at which he sells his fishes

Consider the following situation: a person sells fishes by the seashore, assuming that he is a monopolist, and that there is no cost of production of output. The inverse demand curve for his fishes s is given by: p( s ) = 10 -s. Plus, assume th..

  What is the unemployment rate

Suppose that the adult population is 4 million, the number of unemployed is 0.25 million, and the labor-force participation rate is 75%. What is the unemployment rate and which contract should the player accept, based on the concept of present valu..

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