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In the May 1 issue of the Wall Street Journal an article notes that private pay rose in the United States at the fastest pace in the first quarter of 2015 since 2008. Wages are expected to increase more during 2015 even while inflation remains low. Why do you think wages are increasing - explain using macroeconomics models. The Federal Reserve Chair, previously stated that the Fed is unlikely to increase interest rates until wage rates are showing consistent growth and inflation is at least 2%. Why do you think she combined wage rate growth and inflation as requirements for higher interest rates? Explain.
Describe "modern economic growth" and describe the institutional structures needed for an economy to experience it. Identify the general demand, supply, and efficiency forces that give rise to economic growth.
what is the federal reserve system and how is it structured identify the key elements. explain in detail. who are the
Determine the two equal deposits, the first deposit required now and the second deposit at the end of year 6, so that you can withdraw $2,000 at the end of each year for the next 12 years. Assume that money earns 4% interest, compounded monthly. T..
When Wal-Mart locates in a smaller town, often the local retailers (e.g., hardware, clothing, and appliance stores) are unable to successfully compete and are driven out of business.
the sisyphean corporation is considering investing in a new cane manufacturing machine that has an estimated life of
in neoclassical growth models the sources of growth is exogenous usually technology. such theoretical models hence are
The prices of petroleum products in the world market are constantly in the news and associated with them is the falling gasoline prices in the United States. In an essay, discuss the factors that are affecting the market for gasoline.
A company is considering constructing a plant to manufacture a proposed new product. The land costs $300,000, the building costs $600,000, the equipment costs $250,000, and $100,000 additional working capital is required.
1 a bank can lend out its excess reserves but not its required reserves.a trueb false2 a bank creates money when ita
Compute the marginal profit function and what is the profit maximizing price, what is the market demand function and what is each firm's supply function?
The IT industry is full of patents. There are some companies, referred to as patent trolls, whom purchase these patents in hopes of making money by enforcing patents against alleged infringers. Determine the impact of government regulation
Explain why quality became the most important issue facing American business in the 1980s. In addition to economic competition from Japan, what other factors may have contributed to the importance that quality has assumed?
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