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1. Might a job retraining program be a more useful policy to address structural unemployment than to address frictional unemployment?
2. A. Explain with the help of a graph how the minimum wage might cause unemployment;
B. Explain with the help of a graph how the efficiency wage might cause unemployment.
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
Esen consumes only two goods, meat and potatoes. When the price of meat rises, he buys less meat and less potatoes. Based on this information, we can say that
Analytical essay about "Why bother with theory in IPE? The essay should deal with a brief description and critical assessment of the four major theoretical perspectives discussed in class. What are "liberal" (also related to Keynesianism", "neolibera..
Find out statistics on the web from 2004 to present on the fillowing indicators of the macroeconomic conditions of U.S. economy:
How does it affect level of investment and interest rates. How does it affect individual consumer. Give at least three examples in your response.
If county government offices required that all employees must live within the county limits, what impact would this have on the elasticity of demand for employees of the county government offices?
The suggestion that a seller will try to set price based on “what the market will bear” is explicit recognition of the constraint imposed by:
If the threat effect is larger than the spillover effect, then the difference between the wages earned by union members and those earned by comparable non-union workers is greater than the amount by which unionization increases the wages of union mem..
Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 45,000 bottles of wine were sold every week at a price of $4 per bottle. After the tax, 39,000 bottles of wine are sold every week; consumers pay $5 per bottle (..
Bill expects the inflation rate to be 4% per year over the next 5 years and Bill just borrowed $25,000 on a fixed interest rate loan over 5 years at an interest rate of 7.5% to buy a car. It turns out, however, that the inflation rate each year is no..
When aggregate demand shifts left along the short run aggregate supply curve, then unemployment?
q. for two weeks record the price and quantity of your purchases of a gasoline and b one other item you buy regularly
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