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Question - Go to the St. Louis Federal Reserve (FRED) database and find the most recent values of the national unemployment rate (UNRATE), the labor force participation rate (CIVPART), and the labor force (CLF160V), Using these values, calculate the following:
(a) The working age population, WAP (or the adult population, AP);
(b) The number of unemployed, U;
(c) The number of employed, E;
(d) The employment ratio, ER.
You are a division manager at Toyota. If your marketing department estimates that the semiannual demand for the Highlander is Q = 150,000 - 1.5P, what price should you charge in order to maximize revenues from sales of the Highlander?
Calculate the growth rates of real GDP per worker and capital per worker for each time period. What is the average growth rate and standard deviation for both?
Calculate a perpetual equivalent annual cost (year 1 through infinity) of $5 million in year 0, $2 million in year 10 and $100,000 in year 11 through infinity. Use an interest rate of 10% per year.
Suppose that in the simple Australian economy three goods are produced: beds, pillows and sheets. The quantities produced and their corresponding prices for 2011 and 2012 are shown in the following table. What is real GDP in 2012, using 2011 as a ..
Elucidate unequivocally why the foundation of trade has nothing to do with absolute advantage and only the law of comparative advantage is relevant.
What is consumer credit? Why is consumer credit important to our economy?
Can you find others that are illegitimate and that you would classify as spam, phishing, or possibly carriers of malware? What factors determine whether a company's use of e-mail should be considered legitimate or illegitimate?
The table below shows the demand and supply schedules for applesauce. Observe the data and answer the questions that follow.
consider the following data which applies to avataria and twilightia in the years 1990 and 2010. in both countries the
Using knowledge of aggregate demand and aggregate supply, can you explain what happened in these two time periods?
In the chapter on hetero scedasticity we discussed robust standard errors or White hetero scedasticity-corrected standard errors. For the wage determination.
What is the capital-abundant country? Could trade help reduce poverty in Brazil and other developing countries? What is the labor-intensive good?
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