How is inflation measured - Study guides, Class notes & Summaries

How does the hypothesis of inflation account for the existence of the "seeds" of density from which galaxies and other large structures formed? Ans- Inflation would have caused random, microscopic quantum fluctuations to grow so large in size that they became the seeds of structure. Why do virtually all the galaxies in the universe appear to be moving away from our own? Ans- Expansion causes all galaxies to move away from nearly all others. Suppose we observe a Cepheid variable in a ...

Sport Finance Exam 1 Questions And Answers (Verified And Updated) what is economics? - answer- the study of how people choose to allocate their scare resources - what and how choices are made - how the market system functions inflation - answerall costs of goods and services increase demand-pull inflation - answerincomes increase but supply remains constant cost-push inflation - answerproduction costs increase therefore costs increase recession - answer- slowdown in economic activity -...

Sport Finance Exam 1 Questions And Answers (Verified And Updated) what is economics? - answer- the study of how people choose to allocate their scare resources - what and how choices are made - how the market system functions inflation - answerall costs of goods and services increase demand-pull inflation - answerincomes increase but supply remains constant cost-push inflation - answerproduction costs increase therefore costs increase recession - answer- slowdown in economic activity -...

Microeconomics correct answers The study of how households and firms make choices, how they interact in markets and how the government attempts to influence their choices Macroeconomics correct answers The study of the economy as a whole including topics such as inflation, unemployment and economic growth Economic growth correct answers The expansion of society's productive potential, usually measured by the rate of growth in real GDP Unemployment rate correct answers The percentage of...

What are the 3 Macroeconomic Goals? correct answers 1. Economic Growth 2. Price Stability 3. Full Employment Long run trend or "Potential GDP" associated (3%) Remember-more stuff per person means a higher standard of living GDP= another name for aggregated supply C+G+I+(Xg-M)= another name for aggregated demand correct answers Economic Growth Why the continued growth of the economy? correct answers US is very (x10) good at producing stuff and has continued to get even better Wh...

Reporters are fond of the phrase, "Consumers are more than two-thirds of the economy." They mean that correct answers household consumption spending is more than two-thirds of total gross domestic product. Gross Domestic Product accountants measure the contribution of government to GDP by correct answers adding up the value of inputs that governments buy. The percentage change in a price index from 2014 to 2015 is correct answers the inflation rate for 2015. Cyclical unemployment ...

Econometrics Midterm & Final Exam Questions and answers Econometrics -Answer-The science of testing economic theories. Also it works as a set of tools used for forecasting future values of economic variables as well as being the process of fitting mathematical economic models to real world data. Econometrics uses historical data to make numerical, or quantitative, policy recommendations in government and business. Y-bar -Answer-The sampling average. It is an unbiased estimator for miuY, ...

Absolute Level - ANSWER The reward can be defined. Paying an employee $50,000 salary per year is an example. Administrative - ANSWER Pertaining to the activities of running an organization or a business. Anchored Rating Scale - ANSWER Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy - ANSWER Giving employees discretion in choosing what to do and how to do it. Bad Data Challenge - ANSWER Exists because the data a company obtains about ma...

AP Macroeconomics Exam Questions All Solved New Update (Verified A+ Pass) Circular flow - Answers - A model that shows how households and firms circulate resources, good, and incomes through the economy. This basic model is expanded to include the government and the foreign sector. Closed economy - Answers - A model that assumes there is no foreign sector (imports and exports) Aggregation - Answers - The process of summing the microeconomic activity of households and firms into a more m...

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Centra...