Macroeconomics Questions
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Refer to the previous graphs , as the economy moves from A to C real GDP _________unemployment generally ___________and the price level___________
An increase in the money supply will cause an (increase or decrease) in the interest rate?
What key spending component is a chief determinant of economic growth?
Using a correctly labeled graph of the foreign exchange market for the dollar in terms of the yen , demonstrate the effect of relatively higher real , Japanese interest rates on the exchange rate .
Use a correctly labeled graph of supply and demand to illustrate the combined lower real estate prices on the market for real estate ( double shift ) .
If the government imposes a tax on widgets , where demand for the product is inelastic , who will bear most of the tax burden?
When the SRAS intersects the AD to the left of the LRAS, then the economies current equilibrium is (recessionary or inflationary)
What would considered unemplyed?A. stay home momB. Recent college graduate applying jobsC. a homeless man asking money on the street cornerD. A 40-year-old who sleeps on his parents couch and hasnt shown up for work in 2 months
If banks paid 2.5 % on a 1 year certificate of deposit and deflation was 0.5 % , then the real interest rate earned by savers was?!
Assuming economy operating above full employment. Further, assume that the input prices are completely flexible. In the absence of any policy changes, what would cause the economy to return to a full unemployment equilibrium?
If the nominal GFP is 15 trillion, and the price index is 150 then the real GDP is?
Assume an economy in a recession. Ceteris paribus, an increase in labor productivity will have what effect on the output and price level.
What condition exists in the level of consumption and investment is on the PPC ?
When many Americans live paycheck to paycheck, spend more than they earn, and buy what they cannot afford they are in effect ignoring the basic economic concept of...
Ignoring economic growth, how could the economy achieve a point of consumption and investment in excess of its current PPC?
What's sacrificed when a person spends their entire paycheck ?
Assume increasing opportunity cost . Draw a correctly labeled PPC graph for an economy that can either engage in consumption or investment .
The ________ GDP includes the total value of all final goods and services expressed in the prices of a base year.
What would be the real domestic output if demand pushed the equilibrium point to 135?
The absence of unemployment due to layoffs and similar causes is _______________________ employment.