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The unemployment rate in October 2008 reached a 14 year high at 6.5%. As of the end of 2008, the recession did not appear to be ending any time soon. Although unemployment tends to increase during a recession, as is evident by the October figures, how might the unemployment rate actually decline during a prolonged recession.
For a developing country to grow, it needs capital. The major source of capital in most countries is domestic saving, but the goal of stimulating domestic saving usually is in conflict with government policies aimed at reducing inequality
The primary difference in a change in supply and a change in the quantity supplied is,
There is no Constitutional needs which individual states must accept monies offered by federal government to support requires affecting their citizens.
Due to health concerns, a significant number of families move out of the city.Would there be a shift in the demand curve, the supply curve, or both.
Show how monetary policy effects GDP. You also need to use the money multiplier, MPC and the GDP multiplier on the GDP graph.
Assume your boss purchase out every single pizza store in the US. Your cost-demand conditions are as follows: profit maximizing quantity - 60 pizzas; price - 20$ per piece;
You are the manager of a racquet club and you want to determine the best price for local rentals. Assume that the marginal cost of providing lockers is zero and the monthly demand for lockers is estimated to be best described as fitting the equati..
Elucidate how policy would achieve economic growth, and at the same time engage in poverty reduction.
Suppose you have $7,000 in savings when the price level index is at 100.then what is the real value of your savings if the price level declines by 10 percent.
Atlantis is a small, isolated island in the South Atlantic. The inhabitants grow potatoes and catch fresh fish. The accompanying table shows the maximum annual output combinations of potatoes and fish that can be produced.
Use the information on U.S. real GDP below to calculate real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1987 to 2005.
The marginal external expenses associated with air pollution increases with the yearly output of a polluting industry.
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