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Introduction To Macro_FIN-3AB_20251
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The unsold inventory are not calculated in GDP calculations because customer do not yet pay value added tax.
LG.1. and LO.1.1. All before mid exam
Economic convergence theory that did not mention the method to becoming a developed country is
LG.1. and LO.1.1. All before mid exam
In a world where there are no inflation rates, nominal gross domestic products always have the same value with real gross domestic products.
LG.1. and LO.1.1. All before mid exam
Frictional unemployment that results from an industry that loses its competitiveness should be compensated with an industry that growing its competitiveness.
The number of population in year 2100 were projected to be decreasing from current number. What is the expected value of nominal GDP in 2100? If we maintain the base year in 2024.
LG.1. and LO.1.1. All before mid exam
Crowding out effect results in lower supply of money. The money supply curve shift to
LG.1. and LO.1.1. All before mid exam
A Population 400,000
B Employed 250,000
C Unemployed 30,000
Calculate
LG.1. and LO.1.1. All before mid exam
In the short term, higher inflation rates will results in
LG.1. and LO.1.1. All before mid exam
Cobb Douglas production were a function of total factor productivity, capital, and labour. Increasing capital could be done by
LG.1. and LO.1.1. All before mid exam
Cobb Douglas production function suggest that capital and labor always have its own total factor productivity.