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Plot the difference between the unemployment rate and the natural rate of unemployment (short term), and the inflation rate. Do you observe a Phillips curve relation in the data? What if you confine attention to particular sub-periods? Discuss.
What is the impact on the level of real GDP demanded, assuming the price level remains unchanged?
Suppose that the demand for high-skill workers lies everywhere above the demand for low-skill workers. Illustrate on a diagram the supply and demand functions for each type of labour, and the equilibrium for each type of worker.
you have $750,000 in an IRA (individual ritirement account) at the time you retire. You have the options of investing this money in two funds. Fund A pays 2.9% annually and fund B 7.9% annually. How should you divide your money between Fund A and ..
Find a 95% confidence interval for the difference in the proportions of units that meet the specification be- tween units with gold wire and those with aluminum wire.
Support your statements with evidence from the required studies and your research. Cite and reference your sources in APA style.
A monopolist faces the demand curve Q = 60-P/2. The cost function is C=Q2. Find theoutput that maximises this monopolist's profits. What are the prices at profits and thatoutput? Find the elasticity of demand at the profit maximising output
Compute the new equilibrium.
In Milky Way Galaxy, a class of 2,000 students took a course in Astronomy. The 1st exam scores and final exam percentage reached earth, but transmission broke off after only a dozen students' scores were received.
What effects will the increase in electricity price have on the manufacturing industry's output.
Compare the four types of markets-perfect competition, monopoly, monopolistic competition, and oligopoly-in relation to their profit-earning status in the long run.
At the same time, foreign residents acquire $200 billion of this country s assets. Ignoring minor items, what is the balance on the capital account for this country? What about its current account?
If consumer income decreases by 3.2%, what is the expected percent change in consumer demand (assuming there are no other changes that would affect demand for coffee - no price changes)
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