A country has $50 million of domestic investment and net capital outflow of $15 million. What is saving?

Suppose the natural unemployment rate equals 6 percent and the current unemployment rate is 8 percent. We can conclude that

A) there is no structural unemployment. B) there is no frictional unemployment. C) there is no cyclical unemployment. D) full employment is not occurring.

For each of the following changes, show the effect on the demand curve and state what will happen to market equilibrium price and quantity in the short run

a. Consumers expect that the price of the good will be higher in the future. b. The price of a substitute good rises. c. Consumer incomes fall, and the good is normal. d. Consumer incomes fall, and the good is inferior. e. A medical report is published showing that this good is hazardous to your health. f. The price of the good rises.