Got a tricky question? Receive an answer from students like you! Try us!

Macroeconomic Questions - Essay Example

Only on StudentShare
Pages 2 (502 words)


Extract of sample
Macroeconomic Questions

31. Kimberly voluntarily quit her job as an insurance agent to return to school full-time to earn an MBA degree. With degree in hand she is now searching for a position in management, Kimberley presently is: C) frictionally unemployed.
Download paper
Not exactly what you need?

Related Essays

Therefore each individual may have unique personalities due to unique life experiences and their interpretations. These are products of the concept of self leading to individual perceptions and feelings which ultimately strive to maintain and enhance the person.…
5 pages (1255 words)
Macroeconomic theory Essay
1.2 One goal of many policy makers is economic growth. Rather than try to make policy without help, the policymaker would be wise to use models of economic growth that are available. The choice of models greatly depends on the circumstances at hand. For example, creating policy for a third world country based upon an economic growth model better suited to a technologically developed country would be a big mistake. Research of classical economic models would be needed. Also, these models can (and are) be expressed mathematically. Economic growth can be measured and predicted by changing…
6 pages (1506 words)
Macroeconomics (Principal macroeconomic variables)
And, gross national products exported should be increased in order to fill the export markets' needs. Also, most wages increase when business profits and prices of basic necessities like food, clothing and shelter increase. Furthermore, Increases in foreign currency exchange rates favor the exporter in times of increase but favor the buyer when prices of goods and commodities decrease. Furthermore, inflation increases every year forcing business to increase the prices of its products. The unemployment rate decreases when there is an increase in company profits.…
6 pages (1506 words)
If the decrease in demand is smaller than the increase in supply, the product will find equilibrium at a higher price. If farmers produce more corn, the market will continue to use the increased yield, but the small decrease in demand will assure that prices will still remain high. In this example, with less decrease in demand, the price reaches $4.75 a bushel instead of $4.50. Demand rises above 300 million bushel.
2 pages (502 words)
Macroeconomic theory
One consistent theme that emerges from current research is that the growth of real income and the overall macroeconomic stability - both internal and external - are mutually interdependent and both form an integral part of an adequate, consistently sustained process of economic development. The simple policy rules that follow are:…
3 pages (753 words)
Macroeconomic Policy Essay
Productivity shocks are the haphazard vacillations that affect productivity level and subsequently influence growth in appositive or negative way. Productivity shocks consist of those factors that affect the effectiveness of utilizing capital and labour resources (Hansen, Gary D. 1985). Positive shocks increase the effectiveness of capital and labour resources in the economy. Productivity shocks can be as a result of several factors that include innovation, price of capital goods, rates of interest, adverse weather and change in oil prices. These have been noted to be consistent with the…
2 pages (502 words)