What is the primary defining feature of business cycles

Assignment Help Econometrics
Reference no: EM131402893

1. What is the primary defining feature of business cycles?

2. Besides persistence, what are three important features of the deviations from trend in GDP?

3. Explain why forecasting GDP over the long term is difficult.

Reference no: EM131402893

Questions Cloud

What are the capabilities and limitations of intelligence : What are the capabilities and limitations of intelligence in supporting homeland security efforts? Critique the capability of the homeland security enterprise to adequately identify and address future challenges.
What is electoral college relevance in presidential election : What is the electoral college, and what is its relevance in presidential elections? How are the number of electors arrived at? What is the unit rule, and what effect does it have on election strategy?
Describe symptoms victims will experience and display : Explain symptoms victims will experience and display. Identify which government agencies (local, state, and federal) will need to be involved in the response to the terrorist attack.
Analyse the role of the media : Analyse the role of the media and its impact on our understanding of the crime/deviance in question. For example, how did the media present Uematsu and the case? Did media amplify the case
What is the primary defining feature of business cycles : Besides persistence, what are three important features of the deviations from trend in GDP?
Find effect of the subsidy on the firm''s demand for labor : Suppose that the government subsidizes employment. That is, the government pays the firm s units of consumption goods for each unit of labor that the firm hires. Determine the effect of the subsidy on the firm's demand for labor
What are the main ethics rules of the profession : What are the main ethics rules of the profession? What beliefs does the profession focus on as a whole? Values and Interest What are the core values of the profession? How does this support the attitudes and beliefs of the profession?
Construct the firm''s demand curve for labor : Otherwise, the firm produces output according to the same production function as specified in this chapter. Given these circumstances, determine the effects of an increase in the real wage on the firm's choice of labor input. Construct the firm's ..
Why is competitive equilibrium in this model pareto optimal : What is the economic significance of the slope of the production possibilities frontier?

Reviews

Write a Review

Econometrics Questions & Answers

  Discuss castro''s type of report decision for each situation

Each situation should be considered independently. In discussing each situation, ignore the other.

  Calculate marginal rate of technical substitution of labor

a. Graph the short run total product curves for each production function for 0  L  25 in the case where K is fixed at 4. b. Graph the marginal product of labor curves for each production function for 1  L  25. c. Do these production functions exh..

  Graph marginal product and average product

Label the areas of increasing marginal productivity, diminishing marginal productivity, and diminishing absolute productivity.

  Write a summary to discuss your data findings

Write a summary (500-750 words) to discuss your data findings and the proposed solutions generated based on applying econometrics and analyzing the data.

  What was the direct rate for the us dollar last year

On October 31, 2010 the USDMXN was 10.00. On the same date in 2011, the MXNUSD exchange rate was 0.07692 What was the DIRECT rate for the U.S. dollar last year and what was the INDIRECT rate on October 31, 2011

  What was the main objective of your interview

How can some of the concepts from the course help you explain what you found?

  What is the difference between liabilities and equity

What is the difference between long-term debt and notes payable?

  What annual net revenue must each jet produce

Southwest Airlines (SWA) is planning to expand its fleet of jets to replace some old planes and to expand its routes. It has received a proposal from Boeing to purchase some old planes and to expand its routes. It has received a proposal to purcha..

  How would you measure the value of work at home in gdp

Calculate measured employment and unemployment and the measured labor force for each economy. Calculate the measured unemployment rate and participation rate for each economy. In which economy is measured GDP higher?

  Explain how marie has fallen victim to the sunk cost bias

Why on earth don't you leave him?" To which Marie responds, "Silly, we've been together for 9 years! I can't just throw away those years!" Explain how Marie has fallen victim to the sunk cost bias.

  How management would implement the recommendations

Speculate how the price for that good or service may have been set and how well this price maximizes profit for the company and determine what shifts the company should made in its pricing strategy. Provide support for your recommendations.

  What would be the effect of a 500 increase in taxes once

Suppose that the economy starts at equilibrium and the mpc = 0.8. What would be the effect of a 500 increase intaxes once all the rounds of the multiplier process are complete

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