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In the readings for this chapter, you have learned a great deal about various types of judicial dispute resolution and various alternatives to them. Which types of dispute resolution lend themselves particularly well to specific types of cases? Which types are problematic for specific types of disputes? What are pros and cons of various types of dispute resolution? Have you had any personal experience with one or more types of dispute resolution, that gave you insight into its strengths and weaknesses? If so, please share this experience with the class, if you feel comfortable doing so.
Assume a technological advance leads to lower production costs. Show the effect this will have on national income, unemployment, inflation, and interest rates with the help of an ADAS diagram, assuming completely flexible wage rates.
In which of the scenarios listed here will the unemployment rate fall below the natural rate of unemployment? There could be more than one answer. Inflation is steady at 3% for two years but then decreases to 1% for a year. Inflation is steady at 5% ..
Economic expansion throughout the rest of the world raises the world interest rate. Use the Mundell–Fleming model to illustrate graphically the impact of an increase in the world interest rate on the exchange rate and level of output in a small open ..
Explain Whether or not each of the following is physical capital.
Use the Mundell-Fleming Model to predict what happens to aggregate income y, the exchange rate e, and the trade balance NX, under both floating and fixed exchange rates in response to each of the following shocks:
Knowledge should be a free commodity. Critically discuss this assertion and explain its consequence for the knowledge production and distribution (800 words)
The steel industry pollutes the atmosphere as a consequence of its production process. Is it possible that it would be better for society that steel is produced by a monopolist instead of a set of perfectly competitive firms?
Now looking at this scenario, would company rather increase wages slightly, not so much that it will decrease profits, but to a point where productivity may rise higher than what was originally given to employees.
q1. the demand for good x is estimated to be qxd 10 000 - 4px 5py 2m ax where px is the price of x py is the price
Calculate the currency-to-deposit ratio (cr), and the money multiplier (m) given the above values. Calculate total required reserves (RR), total actual reserves (AR) and the monetary base (MB). Now assume the FED lowers the required reserve ratio to ..
A paragraph or so, explain the differences between the public debt and the government budget deficit. Explain how deficit spending could be a burden to future generations.
When cyclical unemployment increases and other things remain the same, ______. The U.S. labor force participation rate ______.Withdrawals move from employed to not in the labor force. people who voluntarily quit their jobs are colled job leavers.
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