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Which of the following defines an effect time lag?
A. the time between recognizing a problem and implementing policy to solve it.
B. the time that elapses between the implementation of a policy and results of a policy.
C. The time required for prices to between fully flexible.
In a particular industry, labor supply is ES=20+w and labor demand is E D=60-4w , where E is the employment level and w is the hourly wage. What are the equilibrium wage and employment if the labor market is competitive?
Illustrate what are some examples of goods which the U.S. has comparative advantage in producing.
The company you work for asks you to recommend whether their Mercedes truck should be replaced now or kept in service for an additional 10 years.
According to comparative advantage, in which industries would you recommend the country to specialize. Has the country specialized in your suggested industries.
which revealed that the buyers were, on average, willing to pay a premium of $295 for an IBM computer.
Which of the following is NOT a shortcoming of the civilian unemployment rate reported by Statistics Canada every month.
In an investment set up as a perpetual trust, the annual disbursement for the first 10 years is $10,000. If the trust is set up initially with $100,000, determine the disbursement that can be made from year 11 through infinity if the interest earned ..
What laws or regulations may affect your new career? Will these affect your ability to work in certain areas, etc.? What opportunities & threats could potential changes in the government represent?
Bob makes hand-sewn sweaters, 250 of them per year, sold for $200 each. His annual costs are: fabric for $300, thread for $50, a sewing machine that is leased annually for $40, and needles that are leased annually for $5. T
Consumption per worker is 72, depreciation is 12.5%, and capital per worker is 64. Given the production function y = 20 , show that this economy is in a steady state.
When you retire, you will combine your money into an account with a 9 percent return. How much can you withdraw each month from your account assuming a 25-year withdrawal period.
The multiplier effect comes together with crowding effect. A recession results in decrease of welfare program. A recession results in decrease of tax revenue. The unemployment and inflation are in inverse relation. The unemployment and inflation rela..
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