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1) Go to the Bureau of Labor Statistics website (www.bls.gov/news.release/empsit.toc.htm), and click on Employment Situation Summary for the most up-to-date summary of unemployment in the United States, or the Employment Situation Summary Table A. Household data, seasonally adjusted. What interests or surprises you about the summary tables? How do the current rates compare with the rates in the previous month or quarter? Discuss the differences in unemployment rates by gender, age, education, and so forth.
2) What factors are considered in calculation of the CPI? Explain your answer. Where would you find data on CPI and PPI for the United States? What does the current level of inflation tell you about the state of the U.S. economy?
"The expansionary policies implemented in Australia in 2008/9 by the Rudd Government and the Reserve Bank of Australia were unnecessary and will result in a period of unwanted inflation".
Use the updated demand (QD) and marginal revenue (MR) functions below to complete this assignment.
1.If total costs are given by TC(Q) =17.Q+0.004Q2 then what is the total fixed cost?
ABC Technologies, Corporation, enjoys an exclusive patent on process to atomize gasoline in platinum in combustion engines, producing substantial gains in miles a gallon
Learners are to research the current value and the expected future changes in the following economic indicators:
it is estimated that a particular economy has a multiplier of 2. the marginal propensity to import of the economy is
In your opinion, do you feel education is important in getting a better job and earning more money. Why or why not? Do you believe there are opportunity costs to furthering your education? If so, what are they? If not, why?
To what extent were monetary factors responsible for the recession of 1981 and 1982? Provide a full analysis and be specific. Please site references where appropriate.
In the short-run, machinery is fixed also labor is variable for a business that uses only these two inputs. If, at the current level of output, marginal product of labor is declining
Mike suffered some injuries during the robbery and filed suit against Produce Market for not maintaining a secure environment for its customers. In an out-of-court settlement
In the early part of the past decade, there was an overproduction of coffee. The value dropped so low that manufacturer' costs were higher than the market value.
Illustrate what would you expect will to the price and quantity sold of Toyota sedans, if the price of Kia sedans fall.
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