Macroeconomics Principles

Suppose your bank account has a balance today of $100. Consider the following time periods: t = 0, t = […]

Consider the data in the table below. (You may find it easier to answer these questions using a spreadsheet program.)

Use the snapshots.pdf file, together with its hyperlinks to the underlying spreadsheet data. Use a spreadsheet program of your choice

Compute inflation rates in the following cases. (a) Suppose the consumer price index in the future takes the following values: P2020

Suppose there are two goods in the world, beer and chips. The world consists of four economies: Elbonia, Genovia, Kinakuta,

This exercise allows you to use the government budget constraint to study how the debt-GDP ratio changes over time. Suppose

An important feature of DSGE models is that they explicitly incorporate the fact that people’s expectations about the future affect

The “Roaring Twenties” led to an enormous run-up in stock prices. By 1928–1929, policymakers at the Federal Reserve had become

The Japanese economy at the end of the 1990s and into the 2000s experienced several years of deflation (see Figure

Using the IS-MP diagram and the Phillips curve, explain how the productivity slowdown of the 1970s may have contributed to