Reference no: EM13892088
Fill in the blanks with the following words: size, discourage, supply, opportunity cost, duration, encourage, demand
If a government provides substantial benefits to the unemployed while they look for work, it reduces the _______ of being unemployed.
For unemployed workers, the length of unemployment will be determined by many factors, including the _______ of period of time the benefits are provided, and the ______ of their benefits, including the amount of insurance, food stamps, and medical benefits.
Government rules and regulations often ______ businesses from hiring new workers due to the additional cost of managing and navigating the bureaucratic regulatory environment, as well as the difficulty of hiring or firing workers quickly due to government oversight and involvement in the process.
In the market for labor, individuals who are willing to work are represented by the _____ curve while employers, looking for workers to hire, represented on the ____ curve.
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Enacts tax policy that discourages investment
: Suppose a country enacts a tax policy that discourages investment. As a result, the value of the parameter ¯s now goes to a smaller value ¯s ′. Assuming that the economy starts at its initial steady state, use the Solow model to explain what happens ..
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Economy is on balanced growth path
: Suppose the economy is on a balanced growth path in the Romer model, and then, in the year 2030, research productivity rises permanently to ¯ z ′ > ¯ z . Why might the parameter ¯ z increase in an economy?
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Suppose disposable income increases
: Suppose disposable income increases by $2,000. As a result, consumption increases by $1,500. Answer the following questions based on this information. Where appropriate, enter your answer as a decimal rather than as a percentage. The increase in savi..
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Detail with a valid good explanation
: U.S. policy to increase the miles per gallon (mpg) of new cars is to mandate an average mpg for cars sold by U.S. manufacturers. In many countries within the European Union, the policy is to tax gasoline so that the price per gallon at the pump is st..
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Government provides substantial benefits to the unemployed
: Fill in the blanks with the following words: size, discourage, supply, opportunity cost, duration, encourage, demand. If a government provides substantial benefits to the unemployed while they look for work, it reduces the _______ of being unemployed..
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Consider the election game with nine possible regions
: Consider the election game with nine possible regions at which vendors may locate. Suppose that rather than the players moving simultaneously and independently, they move sequentially. First candidate 1 selects a location.
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Why does the aggregate demand curve slope
: Why does the aggregate demand (AD) curve slope downward to the right? What can cause the curve to shift? Why does the short run aggregate supply (SAS) curve slope upward to the right? What can cause the curve to shift?
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Different elasticity of demand between these two groups
: As you know, airlines practice price discrimination by charging leisure and business travelers with different prices. They could do so because of the different elasticity of demand between these two groups of travelers. Different customers pay varyin..
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What is fiscal policy
: What is fiscal policy? If there were a recession, how could fiscal policy be utilized in an attempt to recreate full employment? What would be appropriate fiscal policy if there were inflation?
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