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GDP is 1,829,325 (up 0.9% from last quarter), Unemployment Rate is at 6.6 % (up .1% from the previous month), and Inflation is 1.6% in a 12 month change.
How does the current GDP, Unemployment rate and Inflation compare to both the short-run and long-run averages in Canada. Are we currently in a recessionary or expansionary gap and why?
Global outsourcing has cost the U.S. economy far more than one million jobs since 2001, or somewhere between 15 and 35 percent of the total decline in employment since the onset of the 2001 recession. What will it likely do to the overall level of U...
Using the Mundell-Fleming diagram, explain what is meant by effective policy instrument choice, being careful to identify clearly the critical elements of the diagram. Why is the EB curve postulated to be more interest-elastic than the IB curve? In w..
Maintenance costs on a certain piece of equipment are estimated to be $500, $600, $700, $800, and $900 at the ends of years 1, 2, 3, 4, and 5, respectively. The time value of money rate is 8 percent compounded annually.
How would you go about estimating the different probabilities of three alternatives occuring if you have little empirical data on which to base your estimates?
Transactions between the US and the rest of the world are shown below. What would be the initial impact that the US balance trade would have on the value of the dollar?
q. assume the united states exports 2000 computers at a cost of 3000 each and imports 200 uk autos at a cost of
Suppose the demand curve for corn is QD =20−1/5P. Suppose that one firm owns the production of corn all over the world and has marginal cost of 10. Does the monopoly sell less output than would be sold in a competitive market with 72 equal-sized firm..
Show that if this is true (ie that both factors of production are 'rewarded' according to their marginal products) and we add together the total value of real income to all units of labour and the total value of real income to all units of capital..
CB Electronix needs to expand its capacity. It has two feasible alternatives under consideration. Both alternatives will have essentially infinite lives. Construct a new building of 20 000 square metres now. The first cost will be $ 2 000 000. Annual..
The FRS was established as an independent agency, removed from partisan politics by virtue of its ability to act without seeking presidential or legislative consent. Some argue this independence has the potential to result in rogue actions that may o..
M-Pesa in Kenya has significant network effects (it becomes more valuable to participate as the number of people grows that use it) across several sides or dimensions. Select the side/dimension that is least dependent on the network effects of the M-..
Can Economic Analysis be used as a tool to discover truth and to assist in solution of concrete/major problems in an organization. How.
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