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Whats the study of all country's overall economic issues, such as the employment rate, the gross domestic product, and taxation policies?
new keynesian model with technology shocks consider a new keynesian economy with equilibrium conditions given bywhere
Consider that an entrant's ability to enter a market is fought, with the possibility of withdrawing from the industry (at a loss of 1 for the entrant and a gain of 8 for the incumbent), or staying (at a loss of 5 for each player).
In meeting the high demand with limited resources consumers have to practice the opportunity cost. What do you understand by the term opportunity cost?
Sheldon Corporation loans $80,000 interest-free for one year to Lynn, an employee. Assume that the applicable federal rate of interest is 5 percent. Lynn uses the loan to pay for personal debts.
Other episodes which tested the leadership ethics of some of our well known companies were: Perier Water- contanminated bottled water; Pepsi- a cigarette butt in a can of soft drink; Fred Mayers Dairy (Cincinnati, OH)- contaminated ice cream.
If a dealer of rare artifacts purchases a 2nd Century Roman Vase for $250,000 and sells it to a wealthy collector for $320,000 during a given year, how much has been added to GDP for that year? A. Nothing, because the vase was produced centuries ago...
Suppose that the equilibrium quantity in the market for widgets has been 200 per month. Then a tax of $5 per widget is imposed on widgets.
You are manager of College Computers, a manufacture of customized computers that meet the specifications required by the local university. College computer is not the only firm that builds the computer to meet the university's specification.
Analyse the Argentinian crisis and its roots in the fixing of the exchange rate of the Argentinian Peso to the US dollar through the perspective of the ‘trilemma' proposed by Obstfeld and Taylor (2004).
Research and briefly explain 2-3 methods currently being used to encourage economic growth for the typical firm in Hong Kong and for the typical firm in Singapore.
Suppose we have a working age population is equal to 100 million. If the number of employed is equal to 60 million and the number of unemployed is equal to 3 million, what is the labor force participation rate?
Why do the economists use real GDP rather than nominal GDP to gauge economic well-being and discuss critically GDP as a measure of economic welfare and how each of the following events is likely to affect GDP?
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