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Explain using the concepts of employment, rent reservation wage and efficiency wage: What are the advantages and disadvantages of giving unemployment benefits to the unemployed? Do you support this or not?
What if any difficulties do you think may be encountered in implementing the current policy being pursued by Fed Chairman Ben Bernanke to cope with one of the worst financial crises in the US since the Great depression?
Assuming that the perpetual inventory record is kept in dollars and costs are computed at the time of each withdrawal, what is the value of the ending inventory at LIFO?
As a result of the American workers' ability to sell their labor though a union, profit-making firms must pay wages:
Suppose the initially, real GDP is $14 trillion. The government wishes to increase real GDP to $15 trillion. The marginal propensity to consume (MPC) is 0.8 and every $1.00 increase in real government spending crowds out $0.50 in real plan investment..
Besides raising taxes and issuing debt, the U.S. government (Treasury Department) can also secure funds by borrowing directly from the FED. What is the potential danger of this route? What are the implications for investors and for public policy of e..
suppose that the government is debating whether to spend 100 billion today to address climate change. it is estimated
Assume that the market for salad dressing is in equilibrium. What will happen to the price of lettuce rises.
In a production run of 1000 parts, how many defects would be found (to the nearest whole number)? What is the advantage of reducing process variation?
AMS recently instituted an in-house recycling program. Profits of this program include not only profits to environment of recycling. Illustrate what level of Q maximizes profit of recycling.
Anjelkovic-148 is a new fragrance, guaranteed to attract the opposite sex and is the proud new invention of Bombastic Lova Lova Corporation.
If taxes were cut by 1 trillion adn the mpc was .8 how much would total spending. Increase in the first year with two spending cycles? Increase over an infinite time perios?
Banks can create money through lending from excess reserves. The National Bank of the Undemocratic Republic of Swagnervania receives $1.5 million. The Federal Reserve of the Undemocratic Republic of Swagnervania stipulates all commercial banks use a ..
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