July 2019 and ending January 2021. O b. First and seco

Q: true of false and explain ? An economy sees its long-run unemployment rate increase from 5% to 12%…

A: The following problem has been answered as follows:

Q: Bob is a lifeguard and it is winter. A. seasonal B. frictional C. structural D. cyclical

A: Unemployment refers to the un availability of a job opportunity to an individual belonging to the…

Q: Suppose points F and G on the right-hand graph represent two possible outcomes for an imaginary…

A: Points on the Right-Hand Graph:Point F: Inflation rate is 30%, and the unemployment rate is 6%.Point…

Q: After the reccesion of economy caused by Covid19, why do experts expect a ‘U’ shaped recovery rather…

A: The recession leads to a significant decline in the economic activity, real income, real GDP,…

Q: 2 The standard definition of a “recession” is Select one: a. two or more consecutive quarters of…

A: The term 'recession' is used in economics to describe a significant decline in economic activity…

Q: Price lev 340 360 380 400 420 440 460 480 500 520 Real GDP a. The size of its recessionary gap is $…

A: Unemployment is a situation where the people who want a job but are not getting the same.This means…

Q: Which of the following trends can be classified as the longest based on duration.

A: Since you have asked multiple questions, we will solve the first three for you. If you want any…

Q: what are four  key macroeconomic issues that arose due to the impact of the worldwide pandemic;…

A: The Covid-19 is a new type of pandemic disease which was originated in the province of Wuhan in the…

Q: 8. What term is used to describe the highest point of a business cycle? O a. expansion O b. peak O…

A: In the economic scenario, sometimes upswing and sometimes downswing takes place. The business cycle…

Q: What term describes the remaining level of unemployment that occurs even when the economy is…

A: Unemployment means people are actively looking for job but they are not able to find the job at…

Q: The CPI tracks the average change in prices of a basket of goods and services over time, whereas the…

A: In econometrics, cointegration alludes to a measurable property of time series factors that are…

Q: Economic variables are sometimes divided into “leading indicators” and “lagging indicators.” Leading…

A: Recession  A recession in the economy refers to the situation in which the aggregate demand in the…

Q: Falling inflation means O that the price level is falling at an increasing rate. O that the price…

A: “Inflation is the increase in price level over a period of time.” This has a direct impact on…

Q: Assume an economy operates in the intermediaterange of its aggregate supply curve. State…

A: The aggregate supply curve shows the positive relationship between price and the total quantity of…

Q: The current Px for U of M baseball caps is $25. At that price, 5,000 units are supplied each month,…

A: Hi. Since there are two questions, we will solve only the first one, It is given that price of…

Q: . Using the concept of measuring the macroeconomy, explain how GDP, GNP, unemployment, and inflation…

A: Gross Domestic Product (GDP): GDP is a measure of the total monetary value of all finished goods and…

Q: Consider the two-period real intertemporal model with investment from Chapter 11. (a)  What does the…

A: Consider the two-period real intertemporal model with investment from Chapter 11.(a)  What does the…

Q: A recession runs from the O A. peak of the business cycle to its trough. O B. expansion of a…

A: The fluctuations of gross domestic product (GDP) around its long-term growth pattern are known as…

Q: How can I connect unemployment during covid till 2022 using aggregate demand and supply concept

A: A person is said to be unemployed when person is unable to find the job at prevailing wage rate .…

Q: According to Real Business Cycle Theory, which of the following events could lead to a downturn in…

A: The real business cycle focuses on the real variable or changes in the technology and productivity.…

Q: Help please

A: Aggregate Demand: The Aggregate Demand (AD) can be defined as the total demand for all the final…

Q: Consider the two graphs below. Then answer the questions. Initially both economies on the Left and…

A: Steady-state is an economic concept that aims towards finding an equilibrium between output growth…

Q: Assume that an economy operates according to the sticky-wage model. The nominal wage was set to make…

A: In Macroeconomics, Sticky wage is a concept where nominal wage is resistant to change. Wages changes…

Q: If the base year is 2006, the real GDP will not be calculated for 2005. This statement is O a. Can…

A: Nominal GDP = Current Year Prices * Current Year Quantities Real GDP = Base Year Prices * Current…

Q: Which trend would you choose to forecast the 2013 value of Bob's beer can collection?

A: R-square (i.e., R2)measures the variation in the dependent variable explained by the independent…

Q: nacroeconomic aggregate that is shown in the graph below is (click here if rou cannot see this…

A: These Options Are Wrong, A-INCORRECT as norml pattern is descending inclining whenever seen on the…

Q: Given the unpopularity of inflation, why don’t elected leaders always support efforts to reduce…

A:

Q: Question 34 You earned $30,000 in 2009, and your salary rose to $80,000 in 2018. If the CPI rose…

A: We must analyse the purchasing power of your wage between 2009 and 2018, taking into account the…

Q: Which of these are examples of positive real shocks? a Technological booms b, Higher jumps in oil…

A: Positive real shock either increases the demand or supply in the economy.

Q: 2 The standard definition of a “recession” is Select one: a. two or more consecutive quarters of…

A: The objective of the question is to identify the correct definition of a 'recession' in the context…

Q: An impact lag happens because O a) it takes time for the effects of monetary and fiscal policy to…

A: Since one or more regulatory bodies in most countries must authorize government spending or new tax…

Q: The tendency of many economic variables to move together in a predictable way over the business…

A: The business cycle refers to the fluctuations in economic activity that an economy experiences over…

Q: . Calcul a te the annual real GDP for the period 2009 to 2014 2. Calculate the annual real growth…

A: what is given in this situation Year Nominal  GDP GDP Deflator Real GDP Real growth of…

Q: Which of the following will decrease potential real GDP? Select one: O a. A decrease in the natural…

A: Real gross domestic product (real GDP) is an inflation-adjusted measure that reflects the value of…

Q: In the Independent Reading's review of the Great Depression, we read that during the Great…

A: Tax is the amount charged on the income earned by the individual, business, or organization.

Q: 1. Consider the topic of convergence, how have Canadian provinces experienced this phenomenon?

A: So to the Concerning economic convergence among Canadian provinces, a prevailing trend toward…

Q: 2 The standard definition of a “recession” is Select one: a. two or more consecutive quarters of…

A: The term 'recession' is commonly used in the field of economics to describe a significant decline in…

Q: Is Covid-19 pandemic a supply shock or a demand shock? This discussion is an application of the…

A: Any change in fundamental macroeconomic variables or relationships that has a significant impact on…

Q: 15. For this question, assume that expectations of productivity are slow to adjust. Further assume…

A: Price setting relation: It refers to the price determination in the market. It refers to the…

Q: The term business cycle refers to the Select one: O a. short-tenm ups and downs in the price level O…

A: Answer is given below

Q: 1.2 Which of the following conditions would not be studied by the macroeconomist? a) The level of…

A: A subfield of economics known as macroeconomics studies how an economy as a whole performs, is…

Tax Deferred Retirement Benefits

It stands for Simplified Employee Pension Individual Retirement Account. This savings plan is for self-employed persons such as independent contractors, freelancers, entrepreneurs, etc. The tax rules of SEP IRA are the same as traditional IRA. Entrepreneurs can also open SEP IRA accounts for their employees and gain a tax advantage. The employees cannot make contributions to these accounts by themselves however they will be taxed upon withdrawal.