Suppose that nominal wages and prices are rigid in the short run, but flexible in the long run. also, consistent with the real world observation, we assume that wages are more rigid than prices. normally, 4% of labor force is naturally unemployed. currently, the nominal wage is w = 600 and the general price level is p = 200. economists have estimated the okun's alpha to be 2.00 and the potential gdp to be up = 500,000.
currently, cyclical rate of unemployment equals and the real gdp equals . therefore, the overall rate of unemployment is and there are unemployed (naturally and cyclically).

Which economic indicators are used to measure the global economy? check all that apply. a. purchasing power parity b. trade volumes c. spending power parity d. labor market data e. gross domestic product f. trade deficits and surpluses

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

The hartman family is saving $400 monthly for ronald's college education. the family anticipates they will need to contribute $20,000 towards his first year of college, which is in 4 years .which best explain s whether the family will have enough money in 4 years ?