Macroeconomic information for the economy of Nauru is given below: 2000 2001 Output
Fantastic news! We've Found the answer you've been seeking!
Question:
- Macroeconomic information for the economy of Nauru is given below:
2000 2001
Output (pizzas) 7200 9200
Employment (workers) 720 820
Unemployed (workers) 75 100
Price per pizza $8.20 $9.00
- What was the growth rate (in %) of average labour productivity in Nauru between 2000 and 2001?
- What was the inflation rate (in %) in Nauru between 2000 and 2001?
- What was the unemployment rate (in %) in 2001?
Related Book For
Macroeconomics
ISBN: 978-1319120054
3rd Canadian edition
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
Posted Date: