Discuss the following statements.
The Phillips curve implies that when unemployment is high, inflation is low, and vice versa. Therefore,
we may experience either high inflation or high unemployment, but we will nev
WRITTEN RESPONSE TO INSIDE JOB
Inside Job is An English documentary film, released in 2010 and was directed by Charles H. Ferguson,
and it is about the late-2000s financial crisis. Ferguson says the film is about "the systematic corruption
Question # 3) Consider a bond that promises to pay $100 in one year.
a) What is the interest rate on the bond if its price today is $75? $85? $95?
Ans) As the formula to calculate interest rate is;
When the p
The natural rate of unemployment
Suppose that the markup of goods prices over marginal
Cost is 5%, and that the wage-setting equation is
W = P (1 u).
Where u is the unemployment rate.
a. What is the real wage, as determined
William H. Greene
New York University
Prentice Hall, Upper Saddle River, New Jersey 07458
Contents and Notation
Chapter 1 Introduction 1
Chapter 2 The Classical Multiple Linear Regression Model 2