In the Candyland nation, 18,000 are employed, 2,000 are unemployed, and 5,000 are not in the labor force.   What is the unemployment rate?

In terms of calculating GDP, which of the following is a final good, and which is an intermediate good? A            is a final good and            is an intermediate good.    

Sunflowers Inc. paid its workers $8 an hour in 2018 and $9 an hour in 2019. The GDP price index was 252 in 2018 and 257 in 2019. Calculate the real wage rate in each year. Round to two decimals.   The real wage rate in 2018 was $ The real wage rate in 2019 was $

Which one of the following is NOT one of the monetary policy goals of the Fed?

The top table describes an economy’s labor market and the bottom table describes its production function. What is potential GDP?  

How would a higher desired reserve ratio impact money creation? A higher desired reserve ratio _______, which _______ the quantity of loans that banks can make and the quantity of money created. 

Assuming that inflation has occurred over​ time, what is the relationship between nominal GDP and real GDP in years after the base​ year?  

Assuming that inflation has occurred over​ time, what is the relationship between nominal GDP and real GDP in years after the base​ year?  

Consider the figures below. Determine which combination of fiscal policies shifted AD1 to AD2 in each figure and returned the economy to​ long-run macroeconomic equilibrium.  

A simple economy produces two​ goods, Corn Bread and Computer Games. Price and quantity data are as​ follows:     In Year 2, real GDP is equal to: