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Consider an economy that is at potential output. Suppose that the government de- cides to increase the minimum wage. Assuming that labor demand is very inelastic and that this policy does not change potential output, show that it increases aggre- gate prices in the short run. Argue also that the effect of this policy on real GDP is ambiguous.
How can being a member of a nutrition organization/association that promotes the organic food movement, on a professional level enhance the career of a practitioner in the nutrition field?
Why is the most common type of discrimination (which is effectively between the "haves" and the "have-nots") the most common? Where have you seen such discrimin
Of all the research designs discussed in this course, which design is best suited to address your problem statement and research questions? Explain. Why are the
Based on what you have studied so far in this course, discuss and describe some aspects of macroeconomics that an be useful in your future (...yes, it can be aything we discussed in this course - Macroeconomics). Your discussion should be more than h..
q.your lecturer used to work at a nationwide chain of retail swimming pool stores which pays its sales force a bonus
Consider a Cournot duopoly model with inverse market demand function p = 60 - q1 - q2. Firm i's cost function is (qi)^2+10qi for i = 1 and 2. Find the Nash equilibrium outcome ( firms' outputs). Find the collusive outcome ( firms' outputs), and show ..
Generally speaking, higher income countries tend to have less income inequality than low-income countries
Find at least one scholarly article that criticizes the goal of shareholder wealth maximization. Briefly summarize the criticism(s) offered and discuss whether you believe the criticism is valid. In particular, does the article make you question t..
Discuss which economic theories or relationships you have studied up until now (not just in this class – in all your economics classes) that could be estimated using the multiple linear regression model. Explain your rationale.
The president of the Fed announces in a press conference that he will fight the higher inflation rate with a new anti-inflation program. Using the supply-demand framework in bonds market, predict what will happen to interest rates?
Suppose the market for a good is in equilibrium, and then the demand in that market increases significantly. In this case, producer surplus will
The environmental protectionist argument holds that US corporations overseas must abide by the environmental protection laws of the host nation. Income inequality in the United States has dropped in the last half century. Mergers can be an opportunit..
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