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The unemployment rate is the US fluctuated around 6% in 2002-2003 . Assume the full- unemployment rate is 5% . What could the Fed do in 2002-2003 in order to bring the economy back to full-unemployment ? What did the Fed actually do?
Suppose Congress cuts spending for the military, and then unemployment rises in the U.S. defense industry. Is there causation in this situation, or are we observing an association between events
If the demand for a domestic currency reduces in a country using a fixed exchange rate system, determine what must the central bank do to keep the currency value steady?
During field calculation, it is shown that the calculated number of trips is actually 128. What is the value of the adjustment factor?
Describe the overall trends in crime rates in the US over the last 50 years. Discuss some of the possible causes of any major increases or decreases in the crime rate, and discuss for which of your causes there is strong evidence for or against.
Suppose that in Canada opportunity cost of manufacturing 2 television sets is 3 bushels of wheat. Suppose that in the United States the opportunity cost of manufacturing 2 bushels of wheat is 3 television sets.
Determine the quota induced price increase and the resulting decrease in consumer surplus and what is the overall welfare loss to Venezuela as a result of the quota?
Define NAFTA using the internet to gather some information about NAFTA and why and when it was started?
Calculate the forward discount or Premium for the Mexican peso whose 90-day forward rate is $.102 and spot rate is $.10. State whether your answer is a discount or premium.
In the 2012 fiscal year, $74.6 billion in food assistance was distributed to 47.7 million Americans through the Supplemental Nutrition Assistance Program (SNAP). This represents about 12.5% of the U.S. population and about $135 per person per mont..
JetSet Travel, has been hugely successful in the distribution of stylish, comfortable shoes for travel. JTI sells its items to approximately 4000 retail accounts in the U.S. and a mix of independent distributors,
Kellogg's, breakfast food people, comprises one of four corporations that control about 92% of its market for breakfast food. Kellogg's would be considered;
Its the spring of 2002. You are an economist on President Bush's council of economic advisors. Congress is considering legislation, called the "2002 Farm Bill," that would increase subsidies to US farmers.
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