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Discouraged Workers and the Economy
A "discouraged worker" is an individual without a job who has a desire to work; however, the worker has not actively searched for a job within the last six months, because the worker believes that there are no jobs available. Such a worker is not included in the official unemployment count.
Consider a scenario where discouraged workers are now included in the official unemployment rate during a recessionary period in the economy. Which of the three types of unemployment-frictional, structural, or cyclical-do you believe that these unemployed workers would most closely qualify for? How about during a period of economic expansion? Explain your answers and include examples.
Next, discuss and explain how including discouraged workers in the official unemployment rate would affect both the federal deficit and the national debt. Include examples to support your conclusions.
Because interest rates are lower in Japan than in Europe, the "carry trade" makes money by borrowing in Japan and lending in Euroland - as long as the yen does not strengthen against the Euro. Describe a scenario in which a positive feedback d..
What is the difference between symmetric and asymmetric multiprocessing?
Explain and discuss the mechanisms by which this has occurred, and contrast our experience with: a) the recent performance of many NICs (newly-industrializing-countries) in the last few decades
Suppose ha he money demand function is (M/P)d =1000-100r, where r is he interest rate in percent. the money supply M is 1000 and the price level P is N$2.
Describe what happens to price of a bond that pays a fixed percent of the face value every year when interest rates in the economy rise.
What strategy was Avon pursuing until the mid-2000s What were the advantages of this strategy What were the disadvantages What changes did Andrea Jung make in Avon's strategy after 2005 What were thebenefits of these changes? Can you see any drawbac..
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Economic policy recommendations for monetary policy, fiscal policy and growth policy - justify your chosen policies in an understandable manner, with the use of economic theory.
Alpha and Beta, two tiny islands off the east coast of Tricoli, produce pearls and pineapples. The production-possibilities schedules in the table below describe their potential output in tons per year. (a) What is the opportunity cost of pearls on..
Estimating the demand for money and plotting a demand curve for that estimation based on the equation: M1=a+b1(interest)+b2(time). Where a is the intercept value for the demand curve
Explain why the demand for dollars is inversely related to the real exchange rate
The price elasticity of demand for a good or service will be greater in absolute value if many close substitutes are available. In at least three well composed paragraphs, please explain this economic behavior and provide two examples.
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