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What are some ways in which the U.S government tries to reduce the unemployment.
Please elaborate . What would be the advantages or disadvantages. Monopolies are often regulated, should we also regulate oligopolies in the United States?
Suppose you are in charge of monetary policy. Assume your goals are a full employment level of production with price stability. Assume further the economy has excess capacity with unemployment at 7.8% (the natural rate is 5.2%), but you are concerned..
A firm uses two inputs, X and Y and its production function is Q = √(xy). Assume that the demand for the firm’s product is QD = 24 - 4P, where P is measured in dollars. Calculate the solution to the firm’s problem. What are its profit-maximizing pric..
What is Wirelesses' producer surplus from sales for each low-demand as well as consumer.
The equilibrium price of coffee mugs rose sharply last month, but the equilibrium quantity was the same as ever. Three people tried to explain this situation. Which explanations could be right? Explain your logic.
What happens if the FOMC members DISAGREE on what to do with Monetary Policy? How is a compromise or resolution reached?
What constant yearly rate of inflation would lead to the price rise observed over those two years.
Discuss and explain the following questions using knowledge about the dynamics of Aggregate Demand and Aggregate Supply Model. What is the cause of the 2007-09 Great recession? What happened to aggregate demand and aggregate supply model during this ..
Suppose that there are freezing temperatures in Florida. At the same time the press reports that drinking orange juice significantly reduces the risk of stomach cancer. Predict the effect on equilibrium price and quantity.
A decrease in labor productivity and the real wage could be caused by:
Was Carly Fiorina treated fairly by the Board? Why or why not? Did gender play any role in the outcome?
Suppose there are two types of Scottish beer, Skullsplitter and Dragonhead Scout. Draw indifference curve for the following consumer (put Skullsplitter on the x-axis and Dragonhead Stout on the y-axis. Angus likes variety and prefers to drink Skullsp..
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