ECO202Y1 Study Guide - Midterm Guide: A Natural Disaster, Fisher Equation, Alan Greenspan
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Explain how we can reconcile these two facts using a supply-and-demand graph: (6 points) use the bathtub model to calculate the natural unemployment rate in 2015 and. This year, however, heinz decides to purchase its tomatoes from mexico: (8 points) between 1995 and 2000, the u. s. economy experienced rapid growth. In light of the fact that the u. s. inflation rate fell during this period, would you agree or disagree with greenspan: (18 points) suppose the economy is initially in a steady-state where short-run output is. There are x sections each worth between xx and xx points. You may receive partial credit for incomplete or incorrect answers by showing your work and explaining your reasoning. Write all of your answers in your exam booklet. You have 100 minutes to complete the exam, you should spend approximately one minute per point on your answers; a section that is worth 30 points should take you slightly longer than half an hour.
