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A politician makes the following argument: 'The economy would operate more efficiently if frictional unemployment were eliminated. Therefore, a goal of government policy should be to reduce the frictional rate of unemployment to the lowest possible level.' Briefly explain whether you agree with this argument.
Differentiate between Monetary policies and Fiscal policies. give elaborate explanations.
Elucidate recommendation should be provided to each state to maximize revenue. Which state was most likely to be following a political unsupportable policy.
The World Bank is currently advising newly industrialized nations on how to increase growth and they have asked for your help.
Discussion of the F-Statistic, R-square and conclusion on the validity of the model (i.e. are your conclusions consistent with your expectations
Discuss the evolution and responsibilities of the Federal Reserve System. What circumstances promulgated both the development and composition of the system.
Create three optimal decision rules for Katrina's Candies (e.g., whether to hire more staff or hire temporary workers to meet production schedules).
suppose that you are an intern for a state legislature that is considering how to vote on a bill that would legalize marijuana. An economist has testified that legalization would decrease the price of marijuana by 80% in his estimation.
Rita has well-behaved preferences over steak and fries. at her current consumption bundle of 3 steaks and 10 fries, her marginal rate of substitution between steak and fries is 1/2 (in absolute value). if you offered to take away one fry and give ..
The Wall Street Journal reported that businesses are aggressively pushing customers to pay their bills electronically. Numerous banks dropped their monthly fee for online bill paying,
the Cobb-Douglas production function given in equation 4-1 applies to a developing country. Instead of thinking of immigration from a developing to a developed country, suppose a developed country invests large amounts of capital (foreign direct i..
I've read elsewhere this should just be g if all else remains constant, but it would seem to me the answer should be g/5. If g is 10, and all other values are equal, would the demand for real balances not be 10Y/5i=2y/i --- making demand for real ..
What's the difference between an Oligarchy and a Monopoly?
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