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1. Explain which type of unemployment is most directly related to the economic circumstances that led to the change in the manufacturing base in Toledo, Ohio. How did the change in manufacturing from auto parts to solar panel glass parts address this type of unemployment in Toledo?
2. What are some of the positive and negative aspects of technology growth?
3. What can businesses and governments do, as they tried to do in Ohio, to make “transition” as smooth as possible?
Select two or more news articles related to the current level of interest rates, and analyze the issue using the economic concepts and theory learned in this class. Develop a 4 to 5 page double-spaced paper that advocates a position on whether there ..
Increasingly, employees are being allowed to choose benefit packages from a menu of items. For instance, workers may be given a package of benefits that includes basic and optional items. How do you think flexible benefit packages would affect an emp..
I have noticed that politicians continue to advocate an increase in the minimum wage. Politics and political manoeuvring aside, is there an economic reason as to why a higher minimum wage would benefit the economy?
Illustrate what are marginal net profit when Q=1? Q=5. Illustrate what level of Q maximizes net profits, Illustrate what is value of marginal net profits.
Suppose Canada has 100 workers and 160 units of capital whereas Mexico has 100 workers and 70 units of capital. Also suppose that each unit of product A requires 4 workers and 1 unit of capital to produce, whereas each unit of product B requires 5 un..
Suppose every member of Congress genuinely believes that government expenditures are excessive and ought to be reduced by at least 10 percent. Why would this not be sufficient to assure a 10 percent reduction?
q.graphically prove or disprove the following statement. explain your reasoning. after last years strike baseball has
if thailand had a job finding rate of 4 and a steady-state natural rate of unemployment of 10 what would the job
Describe one weakness and one strength of the gold standard. Do you agree with Milton Friedman that any system of pegged exchange rates is not a satisfactory system for countries with independent political systems;
In the case of a deadweight loss, marginal cost exceeds marginal revenue. Deadweight loss would be eliminated if price and marginal cost are equal.
Solve for the change in consumer surplus, the change in producer surplus, the change in government revenue and change in total surplus (i.e. the deadweight loss) from the market without the tax.
The government wants to stimulate the economy. By how much will aggregate demand at current prices shift initially before multiplier effects.
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