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Assignment:
During the end of 2021 the number of individuals quitting their jobs (the Bureau of Labor Statistics refers to this as the "Quit Rate" )was at an all-time high. After reviewing the article and data links, answer the following - Is this phenomenon as large as the article insinuates or is it a bit hyperbolic? According to the article, why is this uptick occurring? Do you believe the article is accurate or do you have an alternate perspective.
How do Keynesians and classicals differ in their beliefs about how long it takes the economy to reach long-run equilibrium?
Economic growth is driven by household savings being made available for capital investment. Describe the key aspects of the globalization of financial markets since 1980 that have helped drive growth in the world economy.
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
Explain why trade liberalisation has the same effect on an economy as an increase in the aggregate productivity of an economy (i.e. that the average output per worker increases).
A firm has offices in London and New York. Fractional units of labor can be employed in each location (as part-timers can be hired) and the headquarters could be in either city.
A monopolist currently charges $50 a unit for the 100,000 units of product it produces and sells every month. An economic analysis has shown that,
Drugs that are still under patent protection are a good example of monopolies. When you combine that monopoly with health insurance, which tends to produce inelastic demand, you can get very high profit-maximizing prices. Can you think of any rece..
Examine present global economic and political policies and their impact on business decisions.
What so we call a graph showing the various quantities supplied at each and every price that might prevail in the market.
Explain why is it that for sellers in a purely competitive marketplace, the price received for each item equals the marginal revenue.
In a speech in late 2011, President Obama argued that: "Probably the single greatest cause of the financial crisis and this brutal recession has been the housing bubble that burst four years ago". What did President Obama mean by the "housing bub..
discrimination scheme is more profitable than a single monopoly price
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