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Suppose a resident of Canada buys some machine tools from a company in Japan. Explain why and in what directions this changes Canada net exports and Canada net capital outflow.

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1.A country has 150,000 people. Of these 25,000 are children under the age of 16. 92000 people have jobs and 8000 don’t have job and are looking for work and 25,000 people are retired. a.Calculate the labour force participation rate . b.Calculate the unemployment rate. 2.What is the inflation tax, and how might it explain […]

Suppose a resident of Canada buys some machine tools from a company in Japan. Explain why and in what directions this changes Canada net exports and Canada net capital outflow.

Posted on by Assessments

Assignment 2 Questions: Chapter 15, 17 & 18 1.A country has 150,000 people. Of these 25,000 are children under the age of 16. 92000 people have jobs and 8000 don’t have job and are looking for work and 25,000 people are retired. a.Calculate the labour force participation rate . b.Calculate the unemployment rate . 2.What […]

Complete a research paper over a current economic topic. • Relate the current topic to economic principles covered in this course.

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Description: • Complete a research paper over a current economic topic. The topics can be about anything as long as you can relate it to economics somehow. o Minimum of 2 sources o Include a title page and work cited page o 2-4 pages in length (this does not include title page and work cited) […]

Discuss the impact of monetary policy tightening with regards to both unemployment and inflation with respect to both the short run and long run?

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1. When the economy is at the recovery stage, both output gap and growth rate are positive? True/ False? Please Explain. 2. Assume that input prices decrease and the government decides to cut spending. In this scenario, what would happen to output (Y), the overall price (P), and unemployment (U)? Illustrate these changes on a […]

Suppose spending on the market basket in the base year (2005) is $7 trillion and spending in 2021 is $14 trillion. Calculate the inflation rate.

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Show and explain your work 1. (20 points) Nominal GDP GDP Deflator Year (tlillions 5) (base year 2005) 2020 $15 2002 $10 92 a. Calculate the growth rate of nominal GDP between 2002 and 2020. You may use the formula 100 x over an N-year period and then a calculator on the web, but make […]

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