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Outline three government policies that could have been used to deal with the unemployment problem experienced by the United States between 2006 and 2010.
Recently, there has been a spate of instability throughout the world. The immigration crisis in the EU, and the political instability in parts of the Middle East. Explain intuitively why the NCO curve slopes downward. Begin your explanation, by consi..
What are equilibrium price and quantity? Suppose actual prie is $92, What is quantity and supply demanded at this price? At price of $92, wil there be a shortage or surplus? What is the amount of this shortage or surplus?
How to determine the slope of this budget constraint? and how to solve the optimal desired hours of leisure and work? Thanks.
What is the PRA's new regulation "Ring-fencing"? What is the background? Why does central bank implement such regulation?
Why is it impossible for a profit-maximizing monopolist to choose any price and any quantity it wishes?
Assume that the company’s production function is Q=0.5L2K2. The current wage rate is $30 a day and the daily rental rate for one machine is $30 as well. Determine the capital and labor requirements that will allow the company to produce a quantit..
What was his total return for this investment?
How does the employer mandate help eliminate the problem of adverse selection? Would a single-payer plan, in which everybody is insured through the government, further reduce the problem of adverse selection?
Suppose that the market for alcohol in a large metropolitan area, the local government is concerned about the number of DUI’s and has decided to impose a sin tax on alcohol sales. If demand in this market is inelastic and supply is elastic, what woul..
Given a map of indifference curves and a budget constraint, show how a demand curve for a particular good can be obtained. Given a map of indifference curves and a budget constraint, show how an income-consumption curve for a particular good is obtai..
The oil price shock embodied an inflation rise of 3 percentage points and inflation turned out to be 1.5%. What effect did the financial crisis have on the unemployment rate?
What stage of the Product Life Cycle (PLC) is a pair of True Religion brand jeans in? Briefly explain your answer.
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