Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

Which of these will be included in US GDP for 2005?
a) A car produced in Japan in 2005 and sold in the US in 2005
b) A car produced in the US in 2004 and sold in Japan in 2005
c) A car produced in the US in 2004 and sold in the US in 2005
d) A car produced in the US in 2005 and sold in Japan in 2006
e) A car produced in Japan in 2004 and sold in the US in 2005
Ans. d
Which of the following scenarios best illustrates the concept of cyclical unemployment?
a) Grace loses her job because of new automated machinery
b) Sean quits his job to look for work that is more fun
c) Ellen is unqualified for most jobs because she dropped out of high school
d) Marian loses her job because of a recession
Ans. b

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9627998

Have any Question?


Related Questions in Microeconomics

Question this question is about the baumol-tobin model for

Question: This question is about the Baumol-Tobin model. For this question, state your answers in terms of income (Y), money holdings (M), interest (i), Number of trips to the bank (N), and cost of trips to the bank (F) ...

Question in the movie the day of the jackal the 1973

Question: In the movie "The Day of the Jackal" (the 1973 version, not the remake with Bruce Willis), an assassin who was looking to perform a killing that also would signal his "retirement" as a contract killer hires som ...

Question what could the government do to try and keep the

Question: What could the government do to try and keep the economy from entering a recession because of the adverse supply shock? Depict this graphically. (Alternatively - what has to shift in response to a negative supp ...

Question assume real gdp is 9000 billion and disposable

Question: Assume real GDP is $9,000 billion, and disposable income is $6,000 billion. The government cuts personal income taxes by 1% of DI (i.e., $60 billion). As a result, interest rates rise by 2/3%. Assume transfer p ...

Question if it is properly adjusted a machine used to

Question: If it is properly adjusted, a machine used to produce Good X produces 5 percent defective units of output. If improperly adjusted it produces 20 percent. You randomly pick a freshly produced unit of Good X and ...

Question traders in asset markets suddenly learn that the

Question: Traders in asset markets suddenly learn that the interest rate on dollars will decline in the future. Use a diagram to show the new equilibrium, assuming current interest rates on dollar and euro deposits do no ...

Question why does the assumption of independence of risks

Question: Why does the assumption of independence of risks matter in the examples of insurance? What would happen to premiums if the probabilities of houses burning were positively correlated? Can you think of a situatio ...

Question risk management covers many areas of an

Question: Risk management covers many areas of an organization's operations. Describe a minimum of two elements of risk management and (1) evaluate if those elements are present in your organization's risk management pro ...

Question consider an increase in the demand for petroleum

Question: Consider an increase in the demand for petroleum engineers in the United States. How would the supply of these engineers respond in the short run and in the long run? Conversely, consider a decrease in demand f ...

Question assume that you are an economic advisor and your

Question: Assume that you are an economic advisor and your focus is on understanding the different types of exchange rate systems. You have been hired to understand the shifts in monetary policy and their influence on mo ...

  • 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

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved