Reference no: EM13175224
Describe the short term effect in terms of the mix of production inputs and the overall level of output in detail of the following:
i) A drought in the Midwest which cuts the production of corn.
ii) A business failure in the area where your factory is that results in a large increase in the unemployment of unskilled workers but does not affect your overall demand.
iii) The completion of a major housing development with no accompanying increase in electrical generation capacity in the area.
iv) A technological advance in the technology of the of your production that requires an increase in the technical skills of the operators but cuts overall costs by 20%
Describe the long term effect in terms of the mix of production inputs and the overall level of output in detail of the following:
i) A drought in the Midwest which cuts the production of corn.
ii) A major breakthrough that allows for on-site generation of electricity for an investment in the generating capacity but after that essentially a zero variable cost of electricity.
iii) A technological advance in the technology of your production that requires an increase in the technical skills of the operators but cuts overall costs by 20%.
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Describe inflation, unemployment rate, production
: You have been hired as a consultant by your mayor to evaluate the increase in aggregate demand in the city where you live. Describe to the mayor one (1) aggregate demand and supply factor that would have the greatest impact on the economy of your ..
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Legal implications for the employer vs the employee
: Should the firm be legally allowed to fire her based on the employment-at-will doctrine?. Why or why not? What are the legal implications for the employer vs the employee in this particular instance?
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Explain the short term and long term effects
: A major breakthrough that allows for on-site generation of electricity for an investment in the generating capacity but after that essentially a zero variable cost of electricity.
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Use of encouragers-paraphrasing
: Describe your use of encouragers, paraphrasing, and/or questioning to elicit meaning from the client. Finally, comment on the difference between the interviewer naming or giving meaning to something a client says versus the interviewer eliciting a st..
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Explain the short term and long term effects
: A major breakthrough that allows for on-site generation of electricity for an investment in the generating capacity but after that essentially a zero variable cost of electricity.
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World war ii-korean conflict-vietnam conflict and cold war
: Analyze two to three (2-3) major consequences the conflict had on United States' society. How did this war affect American sensibilities, including the way Americans viewed the war and themselves?
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Identify sources of risk-including any issues
: Identify sources of risk, including any issues that may impede or impair the completion of the project. Given the sources of risk in the point above, offer details regarding the systems that the contractor should have in place in order to avoid the i..
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Major social movement born in the 1960''s
: The one major social movement born in the 1960's that retained and gathered momentum in the 1970's and after was:
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Spending of discretionary income
: Consider the decision-making process used by consumers as they budget their money to maximize use of their resources.What steps do rational consumers take in order to optimize their spending of discretionary income?
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