Questions from Macroeconomics


Q: With about 1.3 million Canadians looking for work, some

With about 1.3 million Canadians looking for work, some employers are swamped with job applicants, but many employers can’t hire enough workers. The job market has changed. During the recession, milli...

See Answer

Q: The IMF World Economic Outlook reports the following unemployment rates:

The IMF World Economic Outlook reports the following unemployment rates: What do these numbers tell us about the phase of the business cycle in the three regions in 2011?

See Answer

Q: The IMF World Economic Outlook reports the following unemployment rates:

The IMF World Economic Outlook reports the following unemployment rates: What do these numbers tell us about the relative size of their natural unemployment rates?

See Answer

Q: The IMF World Economic Outlook reports the following unemployment rates:

The IMF World Economic Outlook reports the following unemployment rates: Do these numbers tell us anything about the relative size of their labour force participation rates and employment-to-populati...

See Answer

Q: Economic Conditions at the Cycle Bottom Employment rebounded by 0.1

Economic Conditions at the Cycle Bottom Employment rebounded by 0.1 percent in August 2008, its first gain in four months. All of the increase was in full-time jobs. The unemployment rate in August 20...

See Answer

Q: Economic Conditions at the Cycle Bottom Employment rebounded by 0.1

Economic Conditions at the Cycle Bottom Employment rebounded by 0.1 percent in August 2008, its first gain in four months. All of the increase was in full-time jobs. The unemployment rate in August 20...

See Answer

Q: If a large increase in investment increases labour productivity, explain what

If a large increase in investment increases labour productivity, explain what happens to: a. Potential GDP. b. Employment. c. The real wage rate.

See Answer

Q: The first table describes an economy’s labour market in 2014 and the

The first table describes an economy’s labour market in 2014 and the second table describes its production function in 2014. What are the equilibrium real wage rate and the quantity...

See Answer

Q: The first table describes an economy’s labour market in 2014 and the

The first table describes an economy’s labour market in 2014 and the second table describes its production function in 2014. What are labour productivity and potential GDP in 2014?...

See Answer

Q: According to former Federal Reserve chairman Alan Greenspan, IT investments in

According to former Federal Reserve chairman Alan Greenspan, IT investments in the 1990s boosted productivity, which boosted corporate profits, which led to more IT investments, and so on, leading to...

See Answer