Homework Answers
According to the diagram, we can see that inflation rate and unemployment rate have negative relationship.
For 5% unemployment rate, we can see that corresponding to the PC1 the inflation is 4% on the vertical axis measuring inflation.
Similarily, for 5% unemployment rate, corresponding to PC2 curve, inflation rate is 1.5% on the vertical axis measuring inflation.
Inflation rate :
PC1 = 4%
PC2 = 1.5%
Add Answer to:
What inflation rate would occur if the unemployment rate were 5 percent, with
In September 2015, the unemployment rate was 7.0 percent, the inflation rate was 0.1 percent, and...
In September 2015, the unemployment rate was 7.0 percent, the inflation rate was 0.1 percent, and the overnight loans rate target was 0.5 percent. In September 2017, the unemployment rate was 6.2 percent, the inflation rate was 1.4 percent, and the overnight loans rate target was 1.0 percent. Why might the Bank of Canada decide to keep the overnight loans rate at 1 percent in 2018? The Bank of might decide to keep the overnight rate at 1 percent in...
What happened to the inflation rate between the year when the unemployment rate was 5.5% and...
What happened to the inflation rate between the year when the
unemployment rate was 5.5% and the year when it was 4.5%?
The inflation rate decreased by 2 percentage points.
The inflation rate decreased from 1.9% to 1.5%.
The inflation rate increased by 0.5 percentage points.
The inflation rate increased from 4% to 5%.
The points on the graph represent observations along the U.S.
economy’s Phillips curve during the 1960s. If the inflation rate
had been 4% during the 1960s,...
If the Bank of Canada were to miscalculate the NAIRU (non-accelerating inflation rate of unemployment) as...
If the Bank of Canada were to miscalculate the NAIRU (non-accelerating inflation rate of unemployment) as being 10% when in fact it was 12%, it might cause O A. consumers to spend more than they intended, because the Bank of Canada misled them about the unemployment rate. O B. a reduction in the natural rate of unemployment, because it would be allowing inflation to occur. O c. a one-time reduction in unemployment, because of a one-time increase in the money...
Macroeconomic What is sweet spot unemployment rate" in the short run that seems to balance inflation...
Macroeconomic What is sweet spot unemployment rate" in the short run that seems to balance inflation and unemployment? what percent would that likely be?
a) If a country's natural unemployment rate is 5 percent and its actual unemployment rate is 3.5 percent, what is its cy...
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.
The following table shows the inflation rate and unemployment rate, both in percent, for the years...
The following table shows the inflation rate and unemployment rate, both in percent, for the years 1981-2008. We will investigate some methods for predicting unemployment. 4.4 X (L1) y (L2) Year Inflation Unemployment 1981 8.9 7.6 1982 3.8 9.7 1983 3.8 9.6 1984 3.9 7.5 1985 3.8 7.2 1986 1.1 7 1987 6.2 1988 4.4 5.5 1989 4.6 5.3 1990 6.1 5.6 1991 3.1 6.8 1992 2.9 7.5 1993 2.7 6.9 1994 2.7 6.1 1995 2.5 5.6 1996 5.4 1997...
12 ay if a country's natural unemployment rate is 5 percent and its actual unemployment rate...
12 ay if a country's natural unemployment rate is 5 percent and its actual unemployment rate is 6.5 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 a recessionary output gap of percent. 0123:17
Consider an economy in which the unemployment rate is at the natural level and the inflation...
Consider an economy in which the unemployment rate is at the natural level and the inflation rate is 10%. Suppose that the domestic central bank wants to reduce inflation to 5%. Starting from year t the central bank reduces the money supply in such a way that unemployment remains above the natural level by one percent each year. After 5 years the inflation reaches the new target of 5%. Compute the sacrifice ratio of this policy. What is the slope...
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
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.
Assume that the current annual inflation rate in our country is 2.0% and the unemployment rate...
Assume that the current annual inflation rate in our country is 2.0% and the unemployment rate is 4.4%. If you were an advisor of President Trump and Treasury Secretary Steven Mnuchin, and today you were asked to recommend only ONE of the following objectives: lower inflation OR lower unemployment, which would you choose? Explain why you selected one over the other.
In September 2015, the unemployment rate was 7.0 percent, the inflation rate was 0.1 percent, and the overnight loans rate target was 0.5 percent. In September 2017, the unemployment rate was 6.2 percent, the inflation rate was 1.4 percent, and the overnight loans rate target was 1.0 percent. Why might the Bank of Canada decide to keep the overnight loans rate at 1 percent in 2018? The Bank of might decide to keep the overnight rate at 1 percent in...
What happened to the inflation rate between the year when the
unemployment rate was 5.5% and the year when it was 4.5%?
The inflation rate decreased by 2 percentage points.
The inflation rate decreased from 1.9% to 1.5%.
The inflation rate increased by 0.5 percentage points.
The inflation rate increased from 4% to 5%.
The points on the graph represent observations along the U.S.
economy’s Phillips curve during the 1960s. If the inflation rate
had been 4% during the 1960s,...
If the Bank of Canada were to miscalculate the NAIRU (non-accelerating inflation rate of unemployment) as being 10% when in fact it was 12%, it might cause O A. consumers to spend more than they intended, because the Bank of Canada misled them about the unemployment rate. O B. a reduction in the natural rate of unemployment, because it would be allowing inflation to occur. O c. a one-time reduction in unemployment, because of a one-time increase in the money...
The following table shows the inflation rate and unemployment rate, both in percent, for the years 1981-2008. We will investigate some methods for predicting unemployment. 4.4 X (L1) y (L2) Year Inflation Unemployment 1981 8.9 7.6 1982 3.8 9.7 1983 3.8 9.6 1984 3.9 7.5 1985 3.8 7.2 1986 1.1 7 1987 6.2 1988 4.4 5.5 1989 4.6 5.3 1990 6.1 5.6 1991 3.1 6.8 1992 2.9 7.5 1993 2.7 6.9 1994 2.7 6.1 1995 2.5 5.6 1996 5.4 1997...
12 ay if a country's natural unemployment rate is 5 percent and its actual unemployment rate is 6.5 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 a recessionary output gap of percent. 0123:17
Most questions answered within 3 hours.
-
In this exercise, we will be refactoring a working program. Code
refactoring is a process to...
asked 1 hour ago -
3
researchers at Cambrige looked at 5,000 firms in Englans and found
that, in terms of...
asked 1 hour ago -
why it is important and how it integrates within ERP? And what
the core challenges of...
asked 3 hours ago -
A strawberry farmer determines that the average weight of
individual strawberries produced by plants in his...
asked 3 hours ago -
Chargaff's results yielded a molar ratio of 0.400 for A to G in
avian tubercle bacillus...
asked 5 hours ago -
Which of the following binds ATP/ADP?
a. microfilaments
b. microtubules
c. intermediate filaments
d. microfilaments and...
asked 5 hours ago -
Assume that the situation can be expressed as a linear cost
function. Find the cost function....
asked 7 hours ago -
(Sort ArrayList) Write the following method that sorts an
ArrayList: public static > void sort(ArrayList list)...
asked 8 hours ago -
2) A 9 volt battery is connected to a parallel plate capacitor
with an initial capacitance...
asked 7 hours ago -
Prince Equipment has to decide whether to obtain $1,000,000 of
financing by: (1) selling common stock...
asked 8 hours ago -
The terms electrical and electronic have similar but
different meanings which of the following statement is...
asked 8 hours ago -
You wish to test the claim that the mean GPA of night students
is than 2.5...
asked 9 hours ago