Questions from Macroeconomics


Q: : Go to the St. Louis Federal Reserve FRED database,

Go to the St. Louis Federal Reserve FRED database, and find data on the personal consumption expenditure price index (PCECTPI), real GDP (GDPC1), an estimate of potential GDP (GDPPOT), and the federa...

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Q: As an input to production, how does technology differ from labor

As an input to production, how does technology differ from labor and capital inputs?

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Q: In the Romer model, how does an increase in the fraction

In the Romer model, how does an increase in the fraction of the population engaged in R&D affect the growth rate of per-capita output over time?

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Q: Using the accompanying graph, measure the following: a)

Using the accompanying graph, measure the following: a) Expansions (in months from trough to peak) b) Contractions (in months from peak to trough)

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Q: In the Romer model, how does an increase in total population

In the Romer model, how does an increase in total population affect the growth rate of per capita output over time?

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Q: What is the impact of an increase in saving in the Romer

What is the impact of an increase in saving in the Romer model?

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Q: What are the advantages and disadvantages of exchange-rate pegging?

What are the advantages and disadvantages of exchange-rate pegging?

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Q: How is the theory of purchasing power parity related to the law

How is the theory of purchasing power parity related to the law of one price? Why doesn’t PPP hold in the short run?

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Q: Why does the foreign exchange market move toward equilibrium when the foreign

Why does the foreign exchange market move toward equilibrium when the foreign exchange rate for the dollar is either above or below its equilibrium value?

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Q: What are the short-run effects on aggregate output and the

What are the short-run effects on aggregate output and the inflation rate when the domestic currency appreciates or depreciates?

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