answersLogoWhite

0

Economics

User Avatar

Emery Sporer

Lvl 10
2y ago
No Reviews
Leave the first rating

Rate this Study Guide:

Cards in this guide (16)
How do you calculate the GDP gap if unemployment rate in the economy is 9.9 and the marginal propensity to consume is 0.75 with a potential GDP of 9000 billion

Look up Okun's law.

Do you have 401 k

Do u know 401 k ???

Over the pass 50 years has the Illinois population decreased or increased

It has increased by about four million.

What is the source of income of municipal corporation

income source

Unemployment involving a mismatch of the skills of unemployed workers and the skills required for available jobs is called

structural unemployment

Tina works 7 hours a day 7 days a week she earns 56 per day how much did she earn per hour

If Tina works 7 hours and earns 56, she earns 8 per hour.

Why does the World Bank charge little or no interest on the loans it makes

Its main purpose is to promote development, not make profits.

When does country X have a comparative advantage in the production of coffee

When they can produce it at a lower opportunity cost than other countries.

What type of unemployment occurs when people take time to find a job

frictional unemployment

What is the highest and lowest degree in Thailand

the highest is up to 40 degrees and the lowest is about 20 degrees.

If the Gross Domestic Product shrinks by 2 percent then according to OKuns rule what will be the change in the unemployment rate

According to the Okun's Rule of Thumb (Law) the unemployment rate will change by approximately 1/2 of the change in the Gross Domestic Product's rate of change, but in the opposite direction. If GDP shrinks by 2%, then unemployment would increase by 1%.

Assuming the total population is 200 million the labor force is 100 million and 92 million workers are employed the unemployment rate is

8%.

What is this chart that is a column chart that turn on its side and bar length is based on its value

It is a [horizontal] bar chart.

It is a [horizontal] bar chart.

It is a [horizontal] bar chart.

It is a [horizontal] bar chart.

What is a 401(k) plan

A 401(k) is a retirement savings plan that is sponsored by an employer.

If a company has 5 employees with annual salaries of 30000 50000 30000 80000 and 70000 respectively what is the mean annual salary at the company

answer is 52,000

What's one difference between a checking account and a savings account

savings account earns interest.

Related study guides

Economics

9 cards

How do you calculate the GDP gap if unemployment rate in the economy is 9.9 and the marginal propensity to consume is 0.75 with a potential GDP of 9000 billion

Why does globalization lead to a reduction in wages in developed countries

Why has globalization led to an increasing income gap between rich and poor countries

In order for a country to specialize its production what must there be

➡️
See all cards
5.0
1 Review

Gross profit and net profit

Does law require that employers offer health benefits to any of its employees

What is the purpose of a union

How much should you invest in stocks

➡️
See all cards
No Reviews

Are Morgan Stanley money market checking accounts FDIC insured

What institution insures individual banking accounts

Sonya wants to know how much her annual take-home pay will be after she pays FICA taxes totaling 7.65 percent on an annual salary of 36590

Calculate the simple interest you would receive in five years on a savings account that earns 7.5 percent annual interest What if your beginning balance is 1236.59

➡️
See all cards
No Reviews

Income Taxes

22 cards

How many hours do you spend at work in a year

FICA tax is the same as federal income tax

What percentage of gross income is withheld as an employee's contribution to Medicare

What institution insures individual banking accounts

➡️
See all cards
5.0
1 Review

What are the steps necessary to reconcile a bank statement

How long will negative information concerning your use of credit be kept in your credit report

Joel's car has depreciated by 39 percent over the past few years How much is his car worth today if he originally bought it for 2568946

What is done with the finance charge assessed by a credit card company

➡️
See all cards
1.0
1 Review