- Time Left 2 19 38 2 Suppose That Nominal Gdp Per Person Is 18 000 In 2014 The 2008 Gdp Defiator Is 100 And The 2014 1 (18.54 KiB) Viewed 17 times
- Time Left 2 19 38 2 Suppose That Nominal Gdp Per Person Is 18 000 In 2014 The 2008 Gdp Defiator Is 100 And The 2014 2 (20.87 KiB) Viewed 17 times
- Time Left 2 19 38 2 Suppose That Nominal Gdp Per Person Is 18 000 In 2014 The 2008 Gdp Defiator Is 100 And The 2014 3 (20.2 KiB) Viewed 17 times
- Time Left 2 19 38 2 Suppose That Nominal Gdp Per Person Is 18 000 In 2014 The 2008 Gdp Defiator Is 100 And The 2014 4 (19.37 KiB) Viewed 17 times
- Time Left 2 19 38 2 Suppose That Nominal Gdp Per Person Is 18 000 In 2014 The 2008 Gdp Defiator Is 100 And The 2014 5 (22.19 KiB) Viewed 17 times
Number of people Component Total population 2600 Working-age population 2000 Not in labor force 500 Employed 1300 3) Using the information in the table above, calculate the unemployment rate (2 points) O a. 53.3 percent O b. 7.7 percent Oc 13.3 percent O d. 30.8 percent Time left 2.1923 Next page
Time le 2:39:11 5) Suppose the MPC = 0.67 and there are no taxes or imports. Then a €100 increase in autonomous spending causes equilibrium expenditure to (2 points) O a decrease by €300. Ob. increase by €200. Oc. increase by €300. Od. decrease by €200. Next page 102
7) If the value of the multiplier is 3.33 and there are no imports or income taxes, then the value of the Oa MPS is 0.3. Ob. MPC is 0.7. Oc Both of the above answers are correct. Od. None of the above answers are correct. (2 points) Philh
9) Which of the following is true regarding the required reserve ratio? (2 points) a. The ratio determines the legally required amount of reserves a bank must hold. Ob. The ratio determines the amount of excess reserves a bank must hold. OC. The ratio is only enforced against banks that are operating in a risky manner. O d. None of the above answers are correct. Next page