The unemployment rate is 6 percent and the natural rate of unemployment is 3 percent. If potential output is $100, what is actual output according to Okun’s law? Assume the parameter in the Okun’s law is −1/2, as we studied in class.
If the natural rate of unemployment is 6 percent, what is the actual unemployment rate for this economy (use Okun’s law given Y* = 29,000). Actual unemployment rate: ?? % Conslder the economy described by the following equations: C 1,500 + 8.9 (Y- T) P1808 T1,580 a. Complete the table shown below to find short-run equilibrium output. Conslder possible values for short-run equilibrlum output as they are given In the table below. Instructions: If you are entering any negative...
a. Suppose the natural rate of unemployment is 4 percent. What is the actual rate of unemployment if actual output is 2 percent below potential output? (Please express your answer in percent terms) b. In Macroland, potential output equals $100 trillion and the natural rate of unemployment is 4 percent. If the actual unemployment rate is 3 percent, then real GDP equals:
Suppose potential output grows 2 percent per year and the natural rate of unemployment is constant at 6 percent. In 2020, the unemployment rate is 7 percent. a) Assuming Okun's law, what is the output gap in 2020? b) If output grows 5 percent from 2020 to 2021, what is the unemployment rate in 2021?
a) If a country's natural unemployment rate is 5 percent and its actual unemployment rate is 3.5 percent, what is its cyclical unemployment rate? percent Instructions: Enter the value for the output gap as an absolute number. b) According to Okun's law, this country would have (Click to select) an expansionary a recessionary output gap of percent.
Unemployment rate: natural rate of unemployment-0.5 x (output gap) 1. Use Okun's Law to estimate the following: a) The current US unemployment rate is around 10%, and level of inflation is close to 0%. If the natural rate of unemployment is 6%, what can we say about the output gap (or at what production capacity is the economy is operating relative to the potential capacity is the économy is operating relative to the potential output?)? The current US unemployment rate...
So let's say that this European Central Bank, the European Central Bank expects the natural unemployment rate to be 6 percent, and the actual unemployment rate is 5.5 percent.A.) Use the Phillips curve illustration to determine what happens to inflation and unemployment over a long period of time.B.) Assuming the expectation is the actual natural unemployment rate (5.5%), then if the government decides to increase government spending, please briefly explain and use the Phillips curve to illustrate.
answer 1-6 please 1. What creates magnetic fields? in class, we studied three cases of currents producing magnetic fields, which were they? We have three equations for B 2. What is magnetic flux? How can it change in time? 3. what is a generator? 4. What is the purpose of a transformer? What does the secondary voltage depend on? 5. What is a capacitor? why do we use them? 6. What is the mass of an electron, a proton and...
Problem 3: 1. 2. What kind of amplifier (given what you have studied in class) is the circuit on Figure P3? Why? Draw the small-signal equivalent circuit of the amplifier circuit on Figure P3 operating at mid- band frequencies. V1 C2 V2 Vout Q2 R3 R1 C1 Rsig Q1 Vsig R2 Figure P3 Problem 3: 1. 2. What kind of amplifier (given what you have studied in class) is the circuit on Figure P3? Why? Draw the small-signal equivalent circuit...
Suppose we observe the 3-year Treasury security rate (1R3) to be 6 percent, the expected 1-year rate next year—E(2r1)—to be 4 percent, and the expected 1-year rate the following year—E(3r1)—to be 5 percent. If the unbiased expectations theory of the term structure of interest rates holds, what is the 1-year Treasury security rate, 1R1? (Round your answer to 2 decimal places.)
What is rate law? exp# [A](M) [B](M) (M/min)Initial Rate 1 1. 2.50 20. 2 3. 5. 360. 3 1. 5. 40. 3