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Q. Compute the unemploymet rate and the labor forceparticipation rate,and compare thse raes wth those in the United States in 2009
Q. Suppose a commercial banking system has $100,000 of outstanding checkable deposits and actual reserves of $35,000. If the reserve ratio is 20 percent, the banking system can expand the supply of money by the maximum amount of
Why a favorable shock to the production function tends to reduce the price level, P. How could the monetary authority prevent this fall in P.
If labor productivity grew at the rate of 1.4% per year Illustrate what would average hourly compensation be in the year.
Illustrate diagrammatically the set of allocations that are Pareto preferred to the initial allocation.
A country that has never had its own currency has formed a central bank and put you in charge of developing money.
Elucidate causes for shifts in supply and demand for the chosen product. Explain how these shifts in supply and demand influence price, quantity and market equilibrium.
Elucidate why it is often claimed that hospitals compete for doctors rather than patients. What are some of the implications of this phenomenon.
Illustrate wow would the existence of such insurance affect the amount of clothing that people buy. How would you evaluate this change in behavior from the standpoint of economic efficiency.
Explain how does capital help human productivity in relation to farm labor, office help, teaching, or government administration.
Elucidate how the equilibrium quantity for the representative firm on the same graph.
Illustrate what do your previous answers imply for the price of haircuts relative to the price of food.
hire many more employee than were available on the island. As a result, prices for goods and services rose dramatically across the board.
Why do monopolistic competitors have a tendency to advertise much more than perfectly competitive firms?
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