Macroeconomics
Explore questions in the Macroeconomics category that you can ask Spark.E!
- If M = $5,000, P = $20, and Q = 2,000, then V is
- Refer to Exhibit 6-2. The unemployment rate in year 1 is
- Refer to Exhibit 6-2. How many persons are not in the labor force in year 2?
- Good X sold for $40 in 1957. The CPI in 1957 was 27.6 and the CPI in 2014 was 244.537. What was the price of good X in 2014 dollars?
- Look at the following data: The frictional unemployment rate is 2 percent, the structural unemployment rate is 3.5 percent, and the actual unemployment rate is 9.5 percent. The natural unemployment rate is ____________ percent and the cyclical unemployment rate is __________ percent.
- Refer to Exhibit 6-2. The employment rate in year 2 is
- Jones lost his job in industry A, but he has skills that can be transferred to industry B (which is currently hiring). Smith lost a job in industry C, but his skills cannot be transferred to industry B or to any other industry. Jones is __________ unemployed and Smith is __________ unemployed.
- If we subtract the number of persons not in the labor force from the civilian noninstitutional population, we get the number of people in the
- If the CPI was 196.5 in 2005 and 172.2 in 2000, by what percentage did prices rise during the period 2000-2005?
- Look at the following data: Employed persons = 110 million; civilian labor force = 135 million persons; civilian noninstitutional population = 190 million. The unemployment rate is __________ percent and the employment rate is __________ percent.
- Look at the following data: The structural unemployment rate is 4 percent, the natural unemployment rate is 5 percent, and the cyclical unemployment rate is 3 percent. The frictional unemployment rate is ____________ percent and the actual unemployment rate is __________ percent.
- Suppose there are 65 million employed persons, 5 million unemployed persons, and 35 million persons not in the labor force. What does the civilian noninstitutional population equal?
- "Full employment" is said to exist when the unemployment rate equals
- Refer to Exhibit 6-2. How many persons are not in the labor force in year 1?
- In year 1 the CPI is 140, and in year 2 the CPI is 160. From year 1 to year 2, Chiang's salary rises from $42,000 to $49,000, and Marta's salary rises from $55,000 to $60,000. Who is "more than keeping up with inflation"?
- Assume that Ms. Sawyer's salary is $42,000, up from $40,000 last year, while the CPI is 157.5 this year, up from 150 last year. This means that Ms. Sawyer's real income has
- Suppose that 1983 is the base year for the Consumer Price Index (CPI) and in 2014 the CPI was 220. What does this "220" mean?
- On the PPC, where are we when actual output is equal to potential output?
- How long is the term of office for members appointed to serve on the Board of Governors of the Federal Reserve System?
- The slope of the immediate-short-run aggregate supply curve is based on the assumption that: