In the country of Ausmaila the working age population is 20 million, the participation rate is 80 percent, and employment is 14 million. The Bureau of Statistics for Ausmaila estimates that cyclical unemployment is 1,200,000 and frictional unemployment is 250,000. What is the natural rate of unemployment in Ausmaila?

If planned aggregate expenditure in an economy is PAE = 10,000 + 0.8Y and the current level of output is 60,000, firms will experience: 

In 2020 the Mabbott household had gross income of $160,000, paid income taxes of $50,000 and had consumption of $100,000. During 2020 the market value of the Mabbott’s house increased from $500,000 to $550,000. Which of the following figures is the change in wealth of the Mabbott household during the year?

The following are National Accounts data for a particular year. 

The changes in the inventory investment must equal?

Emil's Kitchen shop installed 325 kitchen cabinets in the

year 2020 and 350 in the year 2021. The price of one kitchen cabinet was $2000

in 2020 and $2200 in 2021. If the year 2020 is the base year, what was Emil's

contribution to real GDP in the year 2021?

In a two-sector economy the aggregate household saving function is given by S=-80+0.5Y and planned investment is 240. If autonomous saving by households increases by 40, what is the effect on household saving in equilibrium?

The substitution bias in calculating CPI can be explained by the fact that CPI:

Consider the following graph that depicts an economy modelled using a short-run Keynesian model where Y is real GDP. 

The economy is currently at point Y3 in the above graph. From this information and the graph you conclude that: 

An economy produces only 1000 000 computers valued at $4,000 each. Of these, 200 000 are sold to consumers, 300 000 are sold to businesses, 300 000 are sold to the government, and 100 000 are sold abroad. No computers are imported. The unsold computers at the end of the year are held in inventory by the computer manufacturers. What is the value of GDP?

Payments by the government to the public for which the government receives no current goods or services in return are called: