Reference no: EM13982634
1) Which of the following would describe someone who would tend to benefit more from Social Security? (ALL THAT APPLY)
high income, married, young, female, old, low income, single, male
Use the following information for the next 9 questions. You should draw a graph that depicts the situation below and use your picture to answer the questions.
Assume that wages and prices are sticky and that we start at a long-run equilibrium. Assume that at this initial point, the growth rate of the money supply is 6%, the growth rate of the velocity of money is 2% and that the real economic growth rate is 4%.
Now assume that oil prices increase. After the increase in oil prices, the inflation rate in the economy is 9%.
Now assume that the federal government decides to increase government spending in order to combat the rise in oil prices. After the increase in government spending the total spending growth is now 14%.
2. After the increase in government spending (point 3), what is the growth rate of the velocity of money?
3. After the increase in government spending (point 3), what is the inflation rate in your graph?
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Should the firm continue to operate
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Increase in capital affect the graph of demand for labor
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Who would tend to benefit more from social security
: Which of the following would describe someone who would tend to benefit more from Social Security? After the increase in government spending (point 3), what is the growth rate of the velocity of money? After the increase in government spending (point..
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Deposit in a mutual fund account
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: Suppose that the equilibrium wage in industry A is $39,000. Industry B is riskier with workers having a 6% greater chance of dying on the job; the wage in industry B is $59,000. What is the implied valuation of a life year?
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Unambiguously cause an increase in the equilibrium price
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Prepare journal entries to record quark transaction
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