Economics Answers

Philips Curve.
I = 36 - 4U.
I = 12.
Determine the unemployment rate.?

Productivity/real values.
Percent change in wages = 8%.
Inflation = 3%.
What is the percent change in productivity?

The Grand Multiplier:
c = 0.6
t = 0.2
m = 0.1
AEo = 20,000.
Determine Y...

Unemployment Problem.
Data in millions. Total pop. = 350. Military = 1. Under 16 = 70.
NILF = 38. Discouraged = 42. Over 65 = 90. Out of the country = 2.
Institutional = 3. Unemployed = 12.
Determine the unemployment rate..

National Income Accounts.
IBT1 = 80. IBT2 = 60. SST = 420. Dep. = 150.
CRE = 90. GNP = 1,240. Transfers = 70. NPI = 20.
Determine Personal Income.

National Income Accounts.
GNP = 8,800. T = 2,000. C = 5,000. G = 2,200.
X = 500. M = 900. GDP = 8,600. Dep. = 500.
Determine Saving..

National Income Accounts.
GNP = 8,800. T = 2,000. C = 5,000. G = 2,200.
X = 500. M = 900. GDP = 8,600. Dep. = 500.
Determine Foreign Lending

National Income Accounts.
GNP = 8,800. T = 2,000. C = 5,000. G = 2,200.
X = 500. M = 900. GDP = 8,600. Dep. = 500.
Determine Government Savings..

National Income Accounts.
C = 800. NPI = 70. Profits = 300. Dep. = 100.
Rents = 200. IBT1 = 50. Wages = 900. CRE = 20.
SST = 90. Interest = 100. DPI = 700. NFFI = 40.
Determine National Income.

Gini Coefficient.
B = 0.28
Determine the Gini Coefficient.