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Q1. If the economy currently has a frictional unemployment rate of 2 percent, structural unemployment of 2 % seasonal unemployment of 0.5 % as well as cyclical unemployment of 2 %. Illustrate what is the natural rate of joblessness? Where is the economy operating relative to its potential GDP?
Q2. Why do you think politicians in Indonesia tried to block Cemex's attempt to gain majority control over Semen Gresik? What do you think Indonesia's best interests were served by limiting Cemex's FDI in the country?
You are asked whether current antipoverty policy meets three generally accepted goals of helping, minimizing cost, preserving work incentives also what changes you would favor and why.
Pharmaceutical drugs have an inelastic demand, as well as computers have an elastic demand.
Explain whether or not you believe modern media is an effective check on government action.
The factory operation creates smoke that affects nearby homeowners, causing respiratory ailments and similar problems.
If the market price of the product is 270, how much output should the firm produce in order to maximize profit. How much profit will this firm make.
Assuming no other changes, if balances in money market deposit accounts increase by $50 billion and small-denominated time deposits decrease by $50 billion.
What data the organization needs in order to make good decisions and how the use of macroeconomic indicators enables organizations to improve their forecasts of the key decision-making data.
The two economies are so far apart that they don't share ideas and each evolves as a separate roomer economy.
Explain the relationship among the bowed out shape of the production possibilities frontier and the increasing opportunity cost of a good as more of it is produced.
How do your previous answers change in the special case where cash demand does not depend on the expected rate of inflation
There are three types of plant: coal, natural gas, and hydroelectric. The three types of plants face the costs appearing in the table above.
Illustrate what is the difference among a command economy also a market economy.
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