Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

The unemployment rate in the U.S is currently 5.6%

a) If the unemployment rate in March 2016 is 5.0%, what will be the rate of GDP growth according to Okun's law?

 

b) Suppose GDP growth this year is 2%, what will be the rate of unemployment next year?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91407016

Have any Question?


Related Questions in Business Economics

Consider a machine with exponential reliability model

Consider a machine with exponential reliability model. Assume that the breakdown rate is 1 and the repair rate is 2. Calculate the probability that the machine is up for more than 10 units of time. Calculate the probabil ...

The elasticity of demand for daves famous is pizza is 26

The elasticity of demand for Dave's Famous is Pizza is 2.6. Dave is considering raising pizza prices by 20%. Is this a good idea? What will happen to his sales? His total revenue? Explain.

While reconciling your check register to your bank

While reconciling your check register to your bank statement you notice that your check register balance is 1250.00 while your bank statement balance is 1205.00. Describe what might account for the difference between the ...

Assume that a salesman learned the price elasticity of

Assume that a salesman learned the price elasticity of demand for his products is -2.0. How many percent will increase in the total sales (revenue) if he cuts the price by 10%? Show your calculation process.

Americans purchase a lot of coffee grown in brazil and

Americans purchase a lot of coffee grown in Brazil and elsewhere in Latin America. It would seem that in order to avoid the huge transportation costs of bringing coffee here and to provide jobs for Americans, we should g ...

What changes would you propose if you were on the central

What changes would you propose if you were on the central planning committee that made decisions for your city?

In your opinion if the government imposes unit sales tax ie

In your opinion, if the government imposes unit sales tax (i.e. $ tax per unit sold) on a product, will the market equilibrium change? Which one, demand or supply will shift? Increase or decrease? Will new tax cause "dis ...

Adult male heights x have n70 33a what percent of adult

Adult male heights X have N(70", 3.3") a.) What percent of adult males are shorter than 63"? b.) What percent of males are taller than 70"? c.) What's the 80th percentile of male heights? Show work

What is the supply curve how do you apply the law of supply

What is the supply curve, how do you apply the law of supply in economics?

Loan applicants whose credit score is less than 600 default

Loan applicants, whose credit score is less than 600, default on a loan, either in a minor or major way, about 10% of the time in a certain regional market. A random sample of 8 applicants in this market with credit scor ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As