Questions from Macroeconomics


Q: What basic relationship does the short-run Phillips curve describe?

What basic relationship does the short-run Phillips curve describe? What trade-offs does this relationship seem to offer policy makers?

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Q: What causes the short-run aggregate supply curve to shift?

What causes the short-run aggregate supply curve to shift?

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Q: What is cyclical unemployment?

What is cyclical unemployment?

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Q: What is the employment ratio? What notable trends in this ratio

What is the employment ratio? What notable trends in this ratio have occurred over the past fifty years?

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Q: How does an increase in financial frictions affect planned investment spending?

How does an increase in financial frictions affect planned investment spending?

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Q: What is the policy trilemma?

What is the policy trilemma?

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Q: What government policies can be used to promote productivity growth?

What government policies can be used to promote productivity growth?

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Q: Classify the following economic variables as pro cyclical or countercyclical and as

Classify the following economic variables as pro cyclical or countercyclical and as leading, lagging, or coincident: real consumer spending, real investment spending, unemployment, inflation, S&P 500...

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Q: Identify three factors that might cause the exchange rate for a currency

Identify three factors that might cause the exchange rate for a currency to rise.

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Q: Based on the Solow model’s conclusions about population growth, comment on

Based on the Solow model’s conclusions about population growth, comment on the effects of immigration on a country’s a) aggregate output level. b) capital-labor ratio.

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