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What happens to the natural rate of unemployment and the inflation rate when the real price of oil increases? (Hint: Use WS-PS and also IS-LM-PC models).
Consider an asset that costs $140 today. You are going to hold it for 1 year and then sell it. Suppose that there is a 25 percent chance that it will be worth $90 in a year, a 25 percent chance that it will be worth $130 in a year, and a 50 percent c..
What would be you recommendation to the Canadian government? What has Canadian government done to fix this surge in house prices and is it working?
Suppose that a monopoly is producing at an output where its average total cost of production is minimized and equals $50 per unit. If marginal revenue equals $60, is the monopoly producing at the profit maximizing output level? Explain why or why ..
How income may change savings behavior
Singapore maintains very stringent requirements on the safety and hygiene standard of imported food from all over the world. Food which do not meet the safety requirements or are suspected of imposing risks to consumers are not allowed to enter th..
How would market forces affect the amount of time the proven oil reserves will last, assuming no new oil reserves are found and that the demand curve remains unchanged?
What kind of macroeconomic policy should this country follow, Is the real GDP growing and at what rate
Please give some data on unions from the employee's perspective. Discuss some advantages of a unionized organization
Explain the significance of fixed costs, overhead, variable costs, total cost, marginal cost, e-commerce, break-even point, total revenue, marginal revenue.
Next, consider the follwoing three scenarios and to describe the likely effects of an activist policy in both the short and long run.
The quantity theory of money states that changes in the money supply have predictable effects on the price level, or, in other words, that money growth determines inflation in the long run. Under what circumstances might this theory be incorrect? Bri..
Suppose the number of people who retire is greater than the number of people who enter the workforce and find jobs
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