Questions from Managerial Economics


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 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: 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: 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: What are property rights and how do they influence economic growth?

What are property rights and how do they influence economic growth?

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Q: How do macroeconomists distinguish between flexible and sticky prices and wages?

How do macroeconomists distinguish between flexible and sticky prices and wages?

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

Go to the St. Louis Federal Reserve FRED database, and find data on real private domestic investment (GPDIC96), real residential investment (PRFIC96), and real non-residential (business) fixed investm...

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Q: In the Romer model, what three factors determine an economy’s growth

In the Romer model, what three factors determine an economy’s growth rate?

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