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a) Suppose that the matching function is given by: M = em(Q, A) = eQ^(0.7)A^(0.3) Express pc and pf as functions of e and labor market tightness j.
b) Suppose that z = 1, b = 0.4, e = 0.9 and k = 0.24. Suppose that w = 0.75 Find the unemployment rate in the economy.
c) Suppose that e falls to 0.8. Suppose that w is unchanged. What happened to the unemployment rate, the labor force participation rate and output?
d) Suppose that by law the wage is increased (while keeping all the parameters from part (c) unchanged). What is your prediction about the unemployment and participation rate?
A percentage of chronic heart conditions
for the following set of scores compute the range the unbiased and the biased standard deviations and the variance. do
Use a diagram to show consumer surplus price of 8.00and production of 6 million meals per day. If price remain at 8.00but production were cut to 3 million meals per day.
some states are required to balance their budgets. is this measure stabilizing or destabilizing? suppose all states
Price discrimination occurs when a.the supply of the product is elastic b.a product's average cost is greater than its average revenue c.a product's average cost is less than its average revenue d.differences in a product's price reflect differences ..
Someone claim that immigration must always be good for economy because the raised supply of labor will result in a higher GDP. Estimate this statement.
After a holiday stores begin to offer temporary discounts for many goods. Can you explain why they offer the discounts What can we say is happening to the Demand or Supply curve for prices to come down What can we say about how consumers react t..
briefly explain whether you agree with the following statementsa. a bank that expects interest rates to increase in
analyze the impact on the consumer's demand of the following three policies under the assumption that the market price does not change.
Government is lobbied to institute price controls because:
Calculate the change in deadweight loss if the U.S. replaces a prohibitive tariff per unit on imported wine by an equal production subsidy per unit of wine sold by U.S. producers.
What appears to be the major constraint that the central banks used to determine the limits of the monetary injections into the economy? Did the United States use the same or different criteria?
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