Answer the following questions and explain briefly your answers using what you have learned in this...

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Answer the following questions and explain briefly your answers using what you have learned in this class. (a) Is it possible to have the growth rate of real GDP higher than that of nominal GDP? If so, when? (b) Is it possible that after an influx of immigrants, there is an increase in real GDP but a decrease in real GDP per capita? If so, when? (c) Online job application and online job interviews can speed up the matching process of employers and employees. How would this affect unemployment rate? (d) Is comparing unadjusted real GDP levels between Quarter 2 (April to June) and Quarter 1 (January to March) appropriate? What is a better measure usually used? Answer the following questions and explain briefly your answers using what you have learned in this class. (a) Is it possible to have the growth rate of real GDP higher than that of nominal GDP? If so, when? (b) Is it possible that after an influx of immigrants, there is an increase in real GDP but a decrease in real GDP per capita? If so, when? (c) Online job application and online job interviews can speed up the matching process of employers and employees. How would this affect unemployment rate? (d) Is comparing unadjusted real GDP levels between Quarter 2 (April to June) and Quarter 1 (January to March) appropriate? What is a better measure usually used?

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a Yes it is possible to have the growth rate of real GDP higher than that of nominal GDP This occurs when the inflation rate is negative or when the g... View the full answer