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建立人际资源圈When the unemployment rate increases
2015-07-16 来源: 51due教员组 类别: 更多范文
本文通过3个计算题，从侧面告诉我们因通货膨胀等因素，劳动力在个体经济中所达到的自然失业率。
1.
As we know, , ,
So the equation for labor demand is .
At equilibrium level , so =1.5, which is real wage.
The employment is .
2.
i=(1+r)/(1+p)-1, r stands for nominal interest rate, i stands for real interest rate, p stands for inflation rate.
As we know, x100%=23.6%, p=5%,
Then we can get the result i= x100%=17.7%, which is the real rate of return (real interest rate) on this investment.
3.
The natural rate of unemployment in this economy = , l stands for the job separation rate, which is 1.5%, f stands for the job finding rate, which is 25%. Then we can get the result of natural rate of unemployment, which is 5%.
According to Okun's law, 2% increase in output corresponds to a 1% decline in the rate of cyclical unemployment.
In year 1, the decline in the rate of cyclical unemployment is 8%-5%=3%, so there is 6% increase in output, so potential output for year 1 is 950x(1+6%)=1007
In year 2, the decline in the rate of cyclical unemployment is 6%-5%=1%, so there is 2% increase in output, so potential output for year 2 is 1030x(1+2%)=1050.6
In year 3, the decline in the rate of cyclical unemployment is 7%-5%=2%, so there is 4% increase in output, so potential output for year 3 is 1033.5x(1+4%)=1074.84
In year 4, the decline in the rate of cyclical unemployment is 5%-5%=0%, so there is 0% increase in output, so potential output for year 4 is 1127.5
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