What is the relationship between real income, nominal income and inflation? What is the relationship between CPI and the rate of inflation? What is the relationship between interest rates and inflation rates? What is the relationship between the movement...
True or false: Nominal GDP may increase even if real GDP falls. Nominal gdp can rise as a result of a rise in what, while real gdp rises as a result of what? Which of the following situations is likely to determine an increase in r...
If real GDP falls and the nominal interest rate rises, then the equilibrium price level A. must fall. B. must rise. C. will fall if the effect of the decline in real GDP dominates. D. will fall if the effect of the increase in the nominal interest rate dominates....
If a country's real GDP grows at 10% per year, it's real GDP will double about every a. 5 years b. 7 years c. 10 years d. 14 years If the growth rate of real GDP rises from 3% to 4% per year, then the number of years required to...
If the rate of inflation is 5%, the prime rate of interest is 6%, and the unemployment rate is 7%, how much is the misery index?The misery index is equal to: a) Interest rates + Inflation rate b) Inflation rate + Real GDP c) Une...
the hottest events. In 1977 Fred Hirsch, an economist, argued in “The Social Limits to Growth” that, as wealth increases, a greater fraction of human desire consists of positional goods. Time spent competing goes up, ...
Time spent competing goes up, the price of such goods increases and so their share of GDP rises. This pattern may continue in an AI utopia.竞争所花费的时间增加，“地位商品”的价格上涨，因此它们在GDP中的占比也会上升。这种模式在人工智能乌托邦中可能仍将继续存在。[Paragraph 6]Mr Bostrom notes ...
So where are the headlines warning of gloom and doom this time B. The oil price was given another push up this week when Iraq suspended oil exports. Strengthening economic growth, at the same time as winter grips the northern hemisphere, could push the price higher still in the short ...
back in the real GDP growth path as I expected. Hence, I have to start asking whether I was wrong about potential real GDP being higher for many years, or is it some combination of the pandemic having damaged the economy more than expected and/or the recovery taking longer than expected....
When the Fed raised its target range for the federal funds rate by 75 basis points in June 2022 it undertook the biggest rate hike since 1994. The 1994 increase was part of monetary policy tightening that doubled the fed funds rate to 6% in a year. Yet U.S. GDP growth sped up from...