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Suppose Covid-19 permanently closes thousands of restaurants and bars across the country and in so doing, permanently eliminates 500,000 jobs. Suppose Covid 19 also creates 500,000 new job openings at Amazon doing highly technical, computer-based supply-chain logistics and robotics. Focusing only on the hospitality workers who lost their job because of COVID-19 and the job openings at Amazon, which type of unemployment would increase? Explain.
Gary and Diane must prepare a presentation for their marketing class. As part of their presentation, they must do a series of calculations and prepare 50 PowerPoint slides. It would take Gary 10 hours to do the required calculation and 10 hours to..
Examine the major effects that government policies have on production and employment. Predict the potential effects that government policies could have on your company.
If financial intermediation breaks down, what category of GDP will probably fall the most: consumption, investment, government purchases, or net exports?
Additionally, several other configurations were also estimated. The results are shown on the following pages. Based on this data, answer the following questions. Comment on the significance of time trend and seasonality.
The problem is belongs to economics and it is explains If a government pegs the value of its currency to another currency, the government must stand ready to i. _____________ the "hard" currency to defend the pegged value of its own currency.
What is the opportunity cost of mowing a lawn for Fred? What is the opportunity cost of trimming a hedge for Fred? Who has a comparative advantage in mowing lawns? How can you tell?
It was observed that overall employment in the country did not increase during the next year.- Foreign firms displaced lesser number of jobs than they created in the country during the year.
The theory of the short run "Phillips Curve"--that is, the tradeoff between inflation and unemployment--is widely understood.
Find the future value one year from now of a $7,000 investment at a 3% annual compound interest rate.if the investment is made for 2 yeaars also calculate the future value.
A bakery produces bread. Its variable factor of production is labor and its fixed factor of production is the rent it pays on a building. The following table gives the amount of output that the company produces with a given number of employees.
Why would economists argue that automatic stabilizers are an excellent tool that instituted by government that can quickly fight a newly developing recession
What is the difference between Gross Domestic Product and Gross National Product - how inflation can have redistributive effects in the economy
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