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1. The Australian Bureau of Statistics (ABS) reported in May 2017 that the civilian population in Australia over 15 years of age was 20.8 million.
Of this population of 20.8 million Australians, 13.5 million were employed and 0.7 million were unemployed.
Calculate Australia's labor force and the number of people in the civilian population who were not in the labor force? Also, with examples examine the causes of structural unemployment in Australia
"Scarcity implies that some way of rationing goods and services must be found." Explain what this statement means. In what ways can the rationing be done?
Identify the key features of the Affordable Care Act in the United States as well as the key features of healthcare proposals or systems in one other country.
Dilomatic tensions over the war with Iraq also patriotic fervor led the state legislature in South Carolina to initiate a resolution boycotting French products.
How does technological advance enter into the definition of the very long run? Which of the following are examples of technological advance, and which are not: an improved production process; entry of a firm into a profitable purely competitive in..
Compare and contrast strategic controls and financial controls. Provide specific examples of how each may be used to best serve a corporation.
Describe the following statement: "In competitive market the least-cost production methods are revealed by entry and exit, while in public utility regulation they're revealed by commission rate hearings. It is easier to fool commissi..
Discuss the differences between unemployment and underemployment and give examples of each. Include in your contribution the differences between fiscal and monetary policy and how each would be used to reduce high levels of unemployment.
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases
Explain how it affected the components of GDP and why. What happened to other macroeconomic variables? Eg interest rates.
Explain How both monetary and fiscal policies have been used during the so-called Great Recession, which began in December 2007 and ended in June 2009.
Suppose15 percent increase in the price of airlines causes a 10 percent decline in the quantity demanded then what is the elasticity of demand for airlines.
decisions how indusrtry make important decision with so much economical unrest.
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