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1. Which costs are caused by unemployment?
2. Calculate the unemployment rate:
Number of inhabitants: 10 million
3. Which types of unemployment are there?
Which type is observed during a recession?
4. What are automatic stabilizers?
How do they work during the economic cycles?
5. GDP is increased by 120 due to an investment of 40. Calculate:
the multiplier;
the marginal propensity to consume (MPC);
the marginal propensity to save (MPS).
A trendy French restaurant is one of the first businesses to open in a small corner of a commercial building still under construction. The restuarant has received rave reviews and has lines of diners waiting for tables most nights.
Suppose that the State Bank announces an increase in the money supply. As a result, people start to expect higher prices. What will happen to the short-run aggregate supply curve?
Money must have material backing to have value. Justify your response. Take a stand on whether or not it would be easier for the Federal Reserve to expand the supply of money in a period of prosperity versus in a period of recession.
The Euro has had led to positive growth in income and trade to non-EU countries. Based on this statement, how did the other countries benefit from the introduction of the Euro?
what effect would a rise in the velocity of money have on output, employment and price level?
Problem - Income Elasticity of Demand, Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5
Given that this is a training manual to sensitize employees, how will this affect any practices at the company.
During the oil crisis in the 1970s, long lines at gas stations disappeared soon after price controls were removed and gas prices were permitted to rise. Should this even be interpreted as evidence that the oil companies have monopoly power Why or ..
A set of SQL Statements that returns all rows and all data for each table in your database. Two SQL Statements that return a subset of columns and a subset of rows using the WHERE clause.
monetary value of all final goods and services produced within a nation in a particular year.
The New York Times reports that Wal-Mart has decided to challenge Netflix and enter the online DVD by mail market. Because of economies of scale, Wal-Mart has a slight cost advantage relative to Netflix. Wal-Mart is considering the use of a limite..
Discuss how the state government is addressing the issue you selected. Provide at least two potential, realistic solutions to the public policy issues, current events, and challenges this government faces.
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