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Ellen is downloading labor market data for the most recent month, but her connection is slow and so far this is all she has been able to get:
Unemployment rate: 5.0%
Participation rate: 62.5%
Not in the Labor Force: 60 million
Find the labor force, the working-age population, the number of employed workers, and the number of unemployed workers.
Explain, using the IS-LM diagram(s), the likelihood of restoring the economy through an expansionary monetary policy - Compare the effectiveness of fiscal policy relative to monetary policy in the above context.
If the US dollar depreciates dramatically relative to the Chinese yuan.what effect would this have on consumers and businesses in each country.
Give two examples of policies from recent history that can be considered as keynesian intervention to economy by us government. Briefly explain how the changed role that keynesian theory ascribed to government has affecte the overall performance of t..
How is interest rate described? Why is there a lower present value of goods to be delivered in future? What are their respective interest rates? Illustrate the adjustments which you think will ensue.
1. What is product differentiation. 2. List all the advantages and the disadvantages of product differentiation.
For the fall for washington mutual in the financial crisis of 2008, What is the probable future of the institution? Is (or was) government intervention necessary to save this institution?
What are the possible effects from making these types of changes to either government spending or taxes?
(a) If the family own no other assets than this house, what is the expected value of their asset? (b) If the family had $25,000 sitting in a FDIC insured savings account, what would the expected value of their assets be?
Suppose in 2015 the economy of Expo is described as follows: C = 20 + 0.8 Yd
On a scale diagram, with the percentage of households on the vertical axis and the percentage of aggregate income on the horizontal axis, plot the Lorenz curve for fantasyland?
Describe one major structure from above that is the most fascinating and explain why. In your explanation makes sure to describe the structure and explain why the Romans built it or anything else that is descriptive about the structure.
What is the effect of increasing the federal minimum wage gradually to $15-per-hour by 2020 ? would it substantially increase aggregate output in the US economy?
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