These questions should provide some practice in computing growth rates and other measures. Population is growing...
These questions should provide some practice in computing growth rates and other measures.
Population is growing at 1.6% p.a. Real GDP is rising at 4.1% p.a. How quickly is real GDP/capita growing? Growth rate of Real GDP PC = 4.1% – 1.6%
Growth rate of Real GDP PC = 2.5%:
The nominal interest rate is now 2.6% and inflation is expected to be 3.0%. Compute the real interest rate (to two decimal places).
What is the expected inflation rate for the coming year in the US? [Look this up.] What is the interest rate on a one-year treasury bond (i.e. the interest the US government will pay you if you lend money to it for a year)? [Look it up.] Based on your answers, how high is the real interest rate in the US currently?
In a small island economy, 4,000 people are actively looking for work but not currently employed; a further 2,500 have given up looking for work (out of despair), 82,000 people are employed, 43,000 people are retired, and 21,000 adults (i.e. aged over 16) are full-time students. Calculate the unemployment rate.
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These questions should provide some practice in computing growth
rates and other measures.
Population is growing...
Use the rules for computing growth rates of ratios, products, and exponentials to calculate the following:...
Use the rules for computing growth rates of ratios, products, and exponentials to calculate the following: (a) A country’s real GDP is growing at the rate of 8% a year, while its population is growing at the rate of 2.5% a year. How fast is its real per capita GDP growing? (b) A country’s real GDP is growing at 4%, but it is also experiencing a high rate of inflation (price level increase) of 10%. How fast is it’s nominal...
When real GDP grows more slowly than potential GDP, a. nominal GDP rises. b. the unemployment...
When real GDP grows more slowly than potential GDP, a. nominal GDP rises. b. the unemployment rate falls. c. labor productivity falls. d. the unemployment rate rises. 8. The unemployment rate is the number of unemployed people, expressed as a. a ratio of total employed to the population. b. a ratio of unemployed to the total employed. c. a percentage of the labor force. d. a percentage of the population. 9. If part of the labor force is unemployed, the...
When calculating a growing perpetuity, the growth rate is expected to continue forever. Therefore it should...
When calculating a growing perpetuity, the growth rate is expected to continue forever. Therefore it should not exceed... a. the growth rate of the population in the economy. b. the growth rate of productivity in the economy. c. the growth rate of the general economy (growth in real GDP). d. the return on a large portfolio of stocks from the economy. What is the present value of a growing perpetuity with an expected cash flow of 1,000 next year, a...
uestion Completion Status: QUESTION 2 Look at the table 1 and question 1. If the labor...
uestion Completion Status: QUESTION 2 Look at the table 1 and question 1. If the labor force participation rate is 70%, the unemployment rate is TOTAL POPULATION POPULATION AGE 16 AND OLDER 200 Million 150 Million 97 Million EMPLOYED 7.696 5% 4% 396 QUESTION 3 If the actual unemployment rate is 7% and the cyclical unemployment rate is 2%, then the natural rate of unemployment is: 2% 396 596 996 Save All Answers and submit. Click Save All Answers to...
need it as soon as posible today please. thanks it is Macroeconomics 20) As per capita...
need it as soon as posible today please. thanks
it is Macroeconomics
20) As per capita GDP has increased a) life expectancy has decreased b) rate of illiteracy has increased c) rate of infant mortality has increased d) amount of leisure time has increased in the US and other O countries, the 21) Which of the following will most likely occur during the a) real GDP rises, unemployment rate falls b) real GDP declines, inflation rate rises c) le of...
macroeconomic please solve it all i need help 8. If the price of coffee decreases, all...
macroeconomic
please solve it all
i need help
8. If the price of coffee decreases, all else held coestant, the Law of Demand states that a firms will produce more coffee b. people will buy more coffee 9. If the price of coffee decreases, all else held constant, the Law of Supply states that a firms will produce more coffee b. people will buy more coffee e. firms will produce less coffee d people will buy more milk shakes c....
1. All of the following groups can be hurt by unanticipated inflation, except: a- Lenders b-...
1. All of the following groups can be hurt by unanticipated inflation, except: a- Lenders b- Borrowers c- Retired People on Fixed Incomes d- Savers 2. The type of inflation that occurs because input prices (costs of production) have risen rapidly is: a- Deflation b- Demand-Pull Inflation c- Cost-Push Inflation d- Hyperinflation 3. Suppose that the CPI in 2000 was 176 and the CPI in 2001 was 178.4. Calculate the rate of inflation from 2000 to 2001. a- 2.4% b-...
Please provide instructions In late 1980, the U.S. Commerce Department released new data showing inflation was...
Please provide
instructions
In late 1980, the U.S. Commerce Department released new data showing inflation was 15%. At the time, the prime rate of interest was 21%, a record high. However, many investors expected the new Reagan administration to be more effective in controlling inflation than the Carter administration had been. Moreover, many observers believed that the extremely high interest rates and generally tight credit, which resulted from the Federal Reserve System's attempts to curb the inflation rate, would lead...
Section B B22 Expansionary demand management policy measures tend to… [1] raise the real GDP and...
Section B
B22 Expansionary demand management policy measures tend
to…
[1] raise the real GDP and inflation.
[2] increase price level and decrease real output.
[3] increase both inflation and the level of unemployment.
[4] Increase the production cost, which will decrease total
production.
B24 Which of the following is NOT the cause of
demand-pull inflation?
[1] increase in consumption spending.
[2] a decrease in interest rates.
[3] increase in net exports.
[4] rising commodity (e.g. oil) price.
B25 Cost-push...
macoroeconomics 1. Society as a whole faces opportunity costs because a. there is not enough money to go around...
macoroeconomics
1. Society as a whole faces opportunity costs because a. there is not enough money to go around b. politicians are greedy c. resources are scarce d. our needs are unlimited 2. Mary decides to spend 3 hours working overtime rather than watching a video with her friends. She earns $9 an hour. Her opportunity cost of working is: a. the enjoyment she would have received had she watched the video with friends. b. $27 she earns working c....
uestion Completion Status: QUESTION 2 Look at the table 1 and question 1. If the labor force participation rate is 70%, the unemployment rate is TOTAL POPULATION POPULATION AGE 16 AND OLDER 200 Million 150 Million 97 Million EMPLOYED 7.696 5% 4% 396 QUESTION 3 If the actual unemployment rate is 7% and the cyclical unemployment rate is 2%, then the natural rate of unemployment is: 2% 396 596 996 Save All Answers and submit. Click Save All Answers to...
need it as soon as posible today please. thanks
it is Macroeconomics
20) As per capita GDP has increased a) life expectancy has decreased b) rate of illiteracy has increased c) rate of infant mortality has increased d) amount of leisure time has increased in the US and other O countries, the 21) Which of the following will most likely occur during the a) real GDP rises, unemployment rate falls b) real GDP declines, inflation rate rises c) le of...
macroeconomic
please solve it all
i need help
8. If the price of coffee decreases, all else held coestant, the Law of Demand states that a firms will produce more coffee b. people will buy more coffee 9. If the price of coffee decreases, all else held constant, the Law of Supply states that a firms will produce more coffee b. people will buy more coffee e. firms will produce less coffee d people will buy more milk shakes c....
Please provide
instructions
In late 1980, the U.S. Commerce Department released new data showing inflation was 15%. At the time, the prime rate of interest was 21%, a record high. However, many investors expected the new Reagan administration to be more effective in controlling inflation than the Carter administration had been. Moreover, many observers believed that the extremely high interest rates and generally tight credit, which resulted from the Federal Reserve System's attempts to curb the inflation rate, would lead...
Section B
B22 Expansionary demand management policy measures tend
to…
[1] raise the real GDP and inflation.
[2] increase price level and decrease real output.
[3] increase both inflation and the level of unemployment.
[4] Increase the production cost, which will decrease total
production.
B24 Which of the following is NOT the cause of
demand-pull inflation?
[1] increase in consumption spending.
[2] a decrease in interest rates.
[3] increase in net exports.
[4] rising commodity (e.g. oil) price.
B25 Cost-push...
macoroeconomics
1. Society as a whole faces opportunity costs because a. there is not enough money to go around b. politicians are greedy c. resources are scarce d. our needs are unlimited 2. Mary decides to spend 3 hours working overtime rather than watching a video with her friends. She earns $9 an hour. Her opportunity cost of working is: a. the enjoyment she would have received had she watched the video with friends. b. $27 she earns working c....
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