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Other Fields Homework Help Economics Topic started by: Cuba on Jun 18, 2015



Title: Suppose the measured unemployment rate is 7.5% and the true natural rate of unemployment is 5.1%. If
Post by: Cuba on Jun 18, 2015
Suppose the measured unemployment rate is 7.5% and the true natural rate of unemployment is 5.1%. If the chair of the Fed believes the natural rate of unemployment to be 6.7%, then the chair will
A) stimulate the economy when it should be slowed.
B) slow the economy when it should be stimulated.
C) stimulate the economy, exactly as called for.
D) slow the economy, exactly as called for.


Title: Re: Suppose the measured unemployment rate is 7.5% and the true natural rate of unemployment is 5.1%
Post by: IloveChi on Aug 26, 2015
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Title: Re: Suppose the measured unemployment rate is 7.5% and the true natural rate of unemployment is 5.1%. If
Post by: Cuba on Aug 31, 2015
I have a major exam next week. Thank you for taking the time to answer. Problem solved.


Title: Re: Suppose the measured unemployment rate is 7.5% and the true natural rate of unemployment is 5.1%. If
Post by: IloveChi on Aug 31, 2015
You're welcome.

Feels nice to be right :p