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QUESTION
You are watching national news with your roommate. The news anchor says, "unemployment statistics release by Department of Labor today show an increase in unemployment from 6.1 percent to 6.2 percent. This is the third month in a row where the unemployment rate has increased." Your roommate says, "Every month there are fewer and fewer people with jobs. I don't know how much longer the country can continue like this."
a. Can your roommate's statement be deduced from the unemployment rate statistic? Why?
b. What information would you need to determine whether there are really fewer people with jobs?
Are union good or bad for the economy. Justify and explain your answer.
Is there a policy that can immediately reduce both inflation and unemployment? Explain your answer.
The company is also considering consulting an expert from a research institution to study the project for a fee of $30,000. The expert will develop a prototype solvent to determine if it would work at all temperatures. Based on previous experien..
Does a binding price ceiling cause a shortage or a surplus? Provide an example to support your answer.
Why do we buy less of a good when price rises and more when price falls "all things being equal"? What is the rationale behind it?
You are the manager of 3D Designs-a large company that does graphics work for Disney and other companies. You and your only competitor are contemplating the purchase of a new 3-D imaging device.
Explain why would you expect inflation rate to accelerate if actual unemployment rate declined to a level lower than the "full employment" unemployment rate & remained at that low level for a year or longer and creaste and AS/AD diagram
Use the Aggregate Demand and Supply Model and your own research to explain the movements in the Gross Domestic Product over this period.
Determine the cost of ending work in process inventory and of the units transferred out to the next department.Prepare a cost reconciliation schedule for the month.
Even though saving and investment in additional capital is a source of labor productivity growth, without the expansion of human capital and technological change, it would not bring sustained economic growth.
CAN GOVERNEMET INTERVENTIONS CONTROL OR CONTRIBUTE TO MARKET FAILURES? US government interventions (banking and financial institutions, housing market, auto industry) during 2008 / 2009 financial crisis.
What is the speed of light in miles per hour? Express your answer in scientific notation. The speed of light is 299,792,458 m/s.
The concept of Strategic fit describes the gap or fit between the environment and a firms strategy - Analysing an organisations strategic position
The inverse demand curve for widgets is P = 130-2Q. There are two firms, A and B, who produce wid- gets. Each firm has a constant marginal and average cost of producing the good that equals 10. Firms compete in quantities and they make their quant..
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