Reference no: EM1369002
1. The manuscript for this text was typed by a friend. Had I hired a secretary to do the same job, GDP would have been higher, even though the amount of output would have been identical. Why is this? Does this make sense?
2. GDP in 1981 was $2.96 trillion. It grew to $3.07 trillion in 1982, yet the quantity of output actually decreased.
How is this possible?
3. If gross investment is not large enough to replace the capital that depreciates in a particular year, is net investment greater or less than zero? What happens to our production possibilities?
Chapter 6 - page 131
1. Is it possible for unemployment rates to increase at the same time the number of employed persons is increasing?
How?
7. Why is frictional unemployment deemed desirable?
Chapter 7 - page 151
6. Would it be advantageous to borrow money if you expected prices to rise? Would you want a fixed-rate loan or one with an adjustable interest rate?
8. Identify two groups that benefit from deflation and two that lose.
Chapter 11
5. Will consumers always spend the same percentage of any tax cut? Why might they spend more or less than usual?
Chapter 12
6. A constitutional amendment has been proposed that would require Congress to balance the budget eachyear. Is it possible to balance the budget every year? Is it desirable?
10. Which of the following options do you favor in resolving future social security deficits?
What are the advantages and disadvantages of each option?
(a) cutting Social Security benefits,
(b) raising payroll taxes,
(c) cutting non-Social Security programs,
(d) raising income taxes.
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Determine nation frictional unemployment rate
: Assume that nation has a labor force of 100 people. In January, Amy, Barbara, Carine, and Denise are unemployed, in February, those four find jobs, but Evan, Francesco, George, and Horatio become unemployed.
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What would be the speed at the top of its trajectory
: A projectile is fired straight upward at 141 m/a. how fast is it moving at the instant it reaches the top of its trajectory? Assume in its place that it was fired upward at 45. What would be its speed at the top of its trajectory.
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Write down pseudo code to find sentinel value
: The total of both types have to be printed at end. Suppose 50 as sentinel value. Write down Pseudo Code to perform this function.
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Explain what type of research is involved in putting
: Explain What type of research is involved in putting together this type of PR campaign and What strategies could one use to get a policy like this adopted and implemented
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Production possibilities
: If gross investment is not large enough to replace capital that depreciates in particular year, is net investment greater or less than zero? What happens to our production possibilities?
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What is the size of gravitational force that the moon exerts
: The mass of the Moon is 7.35 × 10^22 kg, whereas that of Earth is 5.98 × 10^24 kg. The average distance from the center of the Moon to the center of Earth is 384,400 km.
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Explain average velocity for the entire trip
: A horse canters away from its trainer in a straight line, moving 150m away in 14 sec. It then turns abruptly and gallops halfway back in 4.5 sec.
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Determine the visual resolution of resulting image
: Drawing in 8.5 by 11 inch sheet is digitized by means of 300 dpi (dots per inch) scanner. Determine the visual resolution of resulting image (number of dots in each dimension)?
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Scenario - human resource management
: You are a recent University graduate hired to make a Human Resource section and serve as the HR Director for the SMC Company, which manufactures ergonomic office equipment.
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