Suppose that work hours in new zombie are 300 in year 1 and

Assignment Help Macroeconomics
Reference no: EM13378305

Suppose that work hours in New Zombie are 300 in year 1 and productivity is $14 per hour worked. What is New Zombie's real GDP? _____$

If work hours increase to 320 in year 2 and productivity rises to $16 per hour, what is New Zombie's rate of economic growth?

Rate of growth =_____ %

Reference no: EM13378305

Questions Cloud

Some friends of yours have just had a child thinking ahead : some friends of yours have just had a child. thinking ahead and realizing the power of compound interest they are
Wiiand corporation has 50000 shares of 10 par value common : wiiand corporation has 50000 shares of 10 par value common stock outstanding. it declares a 10 stock dividend on
Warner company started business on january 1 2011 the : warner company started business on january 1 2011. the following transactions and events occurred in 2011 and 2012. for
You are considering going to graduate school for a one-year : you are considering going to graduate school for a one-year masters program. you have done some research and believe
Suppose that work hours in new zombie are 300 in year 1 and : suppose that work hours in new zombie are 300 in year 1 and productivity is 14 per hour worked. what is new zombies
Suzie purchases two goods- food and clothing she has a : suzie purchases two goods- food and clothing. she has a utility function u9xy0 xy where x denotes the amount of food
Investments in bonds and stock swartz inc enters into the : investments in bonds and stock swartz inc. enters into the following transactions during 2010 july 1 paid 10000 to
Choose either 1350000 or 1750000 to be the more appropriate : choose either 1350000 or 1750000 to be the more appropriate fixed cost for a product layout and consider the other
Calculate the annual worth years 1 through 7 of merchant : calculate the annual worth years 1 through 7 of merchant truckingcompanys cash flow. use an interest rate of 10

Reviews

Write a Review

Macroeconomics Questions & Answers

  Explain the macro economic implications

Take a look at the Productivity Growth Rate over the past twenty years and over last five years, and describe the macro economic implications such as Potential GDP, GDP growth and inflation,

  Local public agencies were capital constrained

Suppose you are Chief Economist of the FCC. The Chairman has called you in to discuss a thorny issue. Two wireless broadcasters operate on adjacent frequencies.

  Define supplier-induced demand

Define Supplier-Induced Demand and propose a research study to identify the presence of SID and its effect on the utilization of physician services.

  Describe the production function for campaign votes

A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters (mail outs) to potential voters in an election campaign. Describe the "production function" for campaign votes.

  Will resources flow toward or away from the bakery good

With current technology, suppose a firm is producing 400 loaves of banana bread daily. Also assume that the least-cost combination of resources in producing those loaves is 5 units of labor, 7 units of land, 2 units of capital, and 1 unit of entre..

  Illustrate when banks would be willing to maintain services

From California to New York, legislative bodies acrosso the United States are considering eliminating or reducing the surcharges that banks imppse on non customers who make $10million in qirhseQloa deo orhwe banks' ATM machines.

  Discuss why a firm might be reluctant to use oso options

Level 3 rewards its senior executives with OSO options, whose value is based on Level 3's stock market performance relative to the performance of the S&P index. The option only has value if Level 3's stock outperforms the S&P 500.

  How is that possible in the short run and in the long run

Suppose the stock of capital and the workforce are both increasing at 3 percent annually in the country of Wholand. At the same time, real output is growing at 6 percent. How is that possible in the short run and in the long run?

  Explain in detail how your choice of tool would help the

Why should the govt monitor money supply? If we are in recession today, which one of the three tools of monetary policy would you suggest and why? And explain in detail how your choice of tool would help the economy?

  State what effect either action would have on the economy

In 2001, the U.S. government mailed rebate checks in the amount of $300 or $600 to many households. Discuss what would happen if the U.S. government did the same thing today. Would households spend the extra income or use it to pay down debts

  To have some success in immunizing the balance sheet

What is a maturity gap? How can the maturity model be used to immunize an FI"s portfolio? What is the critical requirement that allows maturity matching? to have some success in immunizing the balance sheet of an FI?

  Explain the price output relation

The Portland Sea Dogs, AA affiliate of the Boston Red Sox major league baseball team, have enjoyed a surge in popularity.

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