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Questiosn: (a) COVID-19 pandemics has caused disruptions in economic activities in most affected countries. One of the worst effects is the increase in unemployment.
(i) Explain one recovery measure that can help ease the unemployed workers.
(ii) Using the Beveridge curve and WS-PS model, explain the impact of the recovery measure during the downturn on economy's vacancy and unemployment rate.
(b) Discuss why a firm pays higher wages to its workers relative to the other similar firms in the market.
article: Fed Holds Interest Rates Steady but Voices Confidence in Economy By BINYAMIN APPELBAUM. Explain the main points of the article.
In spite of the greater emphasis on a planned economy in France than in Germany, the growth rate in France has averaged more than 1% higher than Germany.
If marginal cost is below average total cost, average total cost will. A firm's marginal cost curve above its AVC is also its short-run supply curve.
An energy management system that can save 7,500 per year for four years, expenses are 2,000 per year, installed at a cost of 20,000. At the end of 4 years it is expected to be sold for 1,250. using the end of year convention, the rate of retur..
Some managers in the firm are worried, however, about a shortage of resources (i.e., available consultants) to complete these jobs. Is yours a "good" bidding record? Describe carefully how you would make this assessment.
describe the economic issue, discuss the arguments made by the plaintiff(s) and defendant(s), explain the Supreme Court's decision and rationale.
What are the lessons a company gearing up to supply chips computer chips for the US using government subsidies could learn from the "Mask Makers"
How might sellers use shortages and surpluses to arrive at equilibrium? How often do you think they have to readjust their prices?
Discuss how the concepts of supply and demand can be used to analyze market conditions in which management decisions about price and allocations of resources.
J&E Fine Wines recently purchased a new grape press for $150,000. The annual operating and maintenance costs for the press are estimated to be $7500.
During the 1990s, capital spending grew faster than consumption. As a result of this, total capacity also grew faster than usual, so the rate of capacity.
What is the mechanism in the Solow model that generates growth? Why is this an appealing mechanism? Why does it fail to deliver economic growth in the long run?
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