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Magnitude of change in demand and supply
The Wall Street Journal reported that recent law school graduates were having a very difficult time obtaining jobs in the legal profession. Many law schools said that 10 to 20 percent of their graduates still had not found jobs. The historical average had been 6 to 8 percent. Many recent graduates were taking jobs outside law at much lower wages than were typically paid to beginning lawyers. Based on this information, what would be your prediction about lawyers' salaries for the future? Please explain your answers in terms of the market for lawyers fully explaining what changes will occur to demand, supply, quantity demanded, quantity supplied, and equilibrium price for lawyers (starting wages for lawyers).
explain alternatives to traditional monetarist devices be identified in modern economies.
Explain how each of the following would cause the yield curve to shift if between now and next year:
Explain the antitrust laws in the US stricter also more comprehensive compared to those of other industrialized country.
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Illustrtae what were the challenges that these policy makers perceived at the time in terms of both the Business Cycle and broader social policy.
Elucidate the factors which contribute to the elasticity of goods. Descriobe how these factors influence consumers to purchases goods or services.
If you assume that the forward rate is a predictor of the future spot rate, does it suggest that the Dollar should have appreciated or depreciated from 2001 to 2002? (round to nearest integer)
Lerner Index to compute your price mark-up. What is your optimal price if you produce 1000 units.
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Your company is considering expanding overseas. It is particulary interested in developing markets, and narrowed its choice down to two countries, A and B.
Explain how have US economic or fiscal policies affected employment rates
Illustrate what should it do in the short run. Restricting the issuance of Federal Reserve Notes because paper money is the largest portion of the money supply.
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