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The long run natural rate of unemployment is 5%. The current rate of unemployment is 3% what do we expect to happen if no policy is used.
If no policy is used in the long run we would expect unemployment to [increase, decrease, stay the same]
If no policy is used in the long run we would expect the CPI to [increase, decrease, stay the same]
A. Both unemployment and CPI increase
B. Unemployment increases and CPI decreases
C. Unemployment decreases and CPI decreases
D. Unemployment decreases and CPI increase
The bureaucratic form of government is so prevalent in public agencies and tends to result in a slower paced, less consumer oriented management
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How would I plot a marginal product curve, say, given the number of workers on the x-axis and and the number of a certain product produced on the y-axis.
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Define and identify the market for each of the following products in terms of (1) market scope (local, regional, national, international( state your reasons why you classify them as local, regional, national or global in scope),
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Suppose that "0" coupon US treasuries due to mature in one year were yielding .39%, while "0" coupon US treasuries maturing in 2 years were yielding .83%. If you were a risk neutral investor who wanted to choose between these bonds the one that offer..
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