When the equilibrium real GDP is below potential GDP, how does the unemployment rate comparewith the natural
Question:
When the equilibrium real GDP is below potential GDP, how does the unemployment rate comparewith the natural rate? What is the result of this state of affairs that restores the long-run equilibrium?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
GDP is less than potential GDP the unemployment rat...View the full answer
Answered By
Jonas Araujo
I have recently received the degree of PhD. In Physics by the Universidade Federal do Maranhão after spending a term in Durham University, as I have been awarded a scholarship from a Brazilian mobility program. During my PhD. I have performed research mainly in Theoretical Physics and published works in distinguished Journals (check my ORCID: https://orcid.org/0000-0002-4324-1184).
During my BSc. I have been awarded a scholarship to study for a year in the University of Evansville, where I have worked in detection-analysis of photon correlations in the the Photonics Laboratory. There I was a tutor in Electromagnetism, Classical Mechanics and Calculus for most of that year (2012).
I am very dedicated, honest and a fast learner, but most of all, I value a job well done.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
When the equilibrium real GDP is below potential GDP, how does the unemployment rate compare with the natural rate? What is the result of this state of affairs that restores the long-run equilibrium?
-
1. In the classical model, it is thought that the long-run: A. and short-run aggregate supply curves are both upward sloping. B. aggregate supply curve is vertical and the short-run aggregate supply...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
Two experienced managers at Wilson Boat, Inc. are resisting the introduction of a computerized exponential smoothing system, claiming that their judgmental forecasts are much better than any computer...
-
Many companies are now installing marketing and sales productivity (MSP) systems that automate routine tasks and gather, update, and interpret data that were either scattered or uncollected before....
-
With a group of four or five students, discuss the legal implications of penalizing employees for not adopting healthy habits within wellness programs, as explained in the case. For example, can...
-
16-11. Which trade promotion tool is used to encourage the local advertising efforts of resellers?
-
Goodeating Dog Chow Company produces a variety of brands of dog chow. One of their best values is the 50-pound bag of Goodeating Dog Chow. George Hamilton, president of Goodeating, uses a very old...
-
Advanced Corporate Finance ( a ) Determine the fair market value of Evergrande s equity today ( b ) Determine the fair market value of Evergrande s total liabilities today ( c ) What is the market...
-
Two investment projects which are mutually exclusive both require a $10,000,000 investment. Projected cash flows are provided in a table below. Given discount rate of 12 percent, calculate the net...
-
Explain why higher stock prices and higher real estate values are equivalent to saving. U.S. household wealth grew to \($136.9\) trillion in the first quarter of 2021. Rising stock prices added...
-
Explain for each event whether it changes short-run aggregate supply, long-run aggregate supply, aggregate demand, or some combination of them. The following events have occurred at times in the...
-
The board of directors of Newton Industries is contemplating a dividend of $ 500,000. The corporation had 60,000 shares of 10 percent, $ 40 par value cumulative preferred stock outstanding. There...
-
Carla Vista Corp. sponsors a defined benefit pension plan for its employees. On January 1, 2025, the following balances relate to this plan Plan assets $489,900 Projected benefit obligation 616,700...
-
Question 2 of 8 Shirts were purchased for $12.50 each and were marked up by $18.75. During Christmas, they were discounted by $6.85 per shirt. a. What was the rate of markdown? % Round to two decimal...
-
The cost versus quality decision is one that only few companies get right. What is the cost of quality? It is very high for some companies such as Ford and Bridgestone/Firestone, whose reputations...
-
Find the absolute maximum and absolute minimum values of the function f(x) (x-2)(x-5)+7 = on each of the indicated intervals. Enter 'NONE' for any absolute extrema that does not exist. (A) Interval =...
-
4. Roll one 10-sided die 12 times. The probability of getting exactly 4 eights in those 12 rolls is given by (a) 10 9 4 10 10 (b) HA 9 -HAA (c) 1 (d) 9 (c) 10 9 () 10
-
(a) What proportion is 5 out of 15? (b) What proportion of 50 is 10? (c) One in a thousand equals what proportion?
-
What are the before image (BFIM) and after image (AFIM) of a data item? What is the difference between in-place updating and shadowing, with respect to their handling of BFIM and AFIM?
-
Yard Professionals Incorporated experienced the following events in Year 1, its first year of operation: Performed services for $31,000 cash. Purchased $7,800 of supplies on account. A physical count...
-
This question is from case # 24 of book Gapenski's Cases in Healthcare Finance, Sixth Edition Select five financial and five operating Key Performance Indicators (KPIs) to be presented at future...
-
assume that we have only two following risk assets (stock 1&2) in the market. stock 1 - E(r) = 20%, std 20% stock 2- E(r) = 10%, std 20% the correlation coefficient between stock 1 and 2 is 0. and...
Study smarter with the SolutionInn App