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How do you define community? What geographic communities are you part of? What virtual communities? What are some of the reasons you are part of these communities?
The intersection between labor supply and labor demand determines the equilibrium wage and the equilibrium level of employment. Why might some firms pay workers a wage above the market equilibrium, even when there is surplus labor?
Describe the effect of this loss on the loanable funds market. What will happen to the demand for loanable funds? Why? What will happen to the supply of loanable funds? Why? What will happen to interest rates?
Consider the impact of an increase in thriftiness in the Keynesian cross. Suppose the consumption function is where is a parameter
Assuming no change in hours of work, if real output per hour of work increases by 10 percent, what will be the new levels of real GDP in the right column of A Does the new data reflect an increase in aggregate supply or does it indicate a decrease..
Indicate whether every of the following statements is true or false, and explain why. If a statement is false or true, please give a full explanation as to why that statement is correct or not.
Discuss ways the Fed's objective function can be used with an economic model to evaluate alternative monetary policies. Discuss ways that economists could use the Phillip's curve to create better economic policy than we currently have.
Identify the economic incentives that motivate private firms to engage in pollution prevention activities. How might the government devise policy initiatives to exploit these natural incentives?
The table below reports some labor market figures for a hypothetical country, Blefuscu in 2005. Assume that there are only two types of employment: full time and part time. Everyone who is not employed is unemployed. Calculate the Labor force part..
Distinguish between explicit and implicit costs, giving examples of each. What are the explicit and implicit costs of attending college Why does the economist classify normal profit as a cost Is economic profit a cost of production
On October 31, 2010 the USDMXN was 10.00. On the same date in 2011, the MXNUSD exchange rate was $0.07692
For any given demand curve for the right to pollute, the government can achieve the same outcome either by setting a price with a corrective tax or by setting a quantity with pollution permits. Suppose there is a sharp improvement in the technolog..
What are the determinants of exports and clearly explain how each of the determinants affects the level of exports.
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