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UK unemployment rates and levels of unemployment have an effect on the CurrentAccount of the UK Balance of Payments.
(a) Explain the difference between the rate of unemployment and the level of unemployment.
(b) Explain 4 reasons why there may be an increase in the level of unemployment.
(c) Explain one reason for the UK Trade in Services being in surplus and onereason for the UK Trade in Goods being in deficit.
(d) Other than the Trade in Goods and Trade in Services, describe thecomponents of the UK Current Account.
Assume the Federal Reserve sells government securities from its existing holdings to the financial sector and the non-bank public.
1. Describe the process by which the market for capital and the market for labor reach equilibrium. What happens to each if demand for the final product were to increase Why 2. Do consumers play a role in perpetuating discrimination in labor market..
Consider the 2-period environment from class.The economy is populated by two types of agents A and B. There is an equalnumber (N) of each type. The agents have preferences which incorporate impatience.
A. Depict the situation of this two countries using solow diagrams and state clearly what the likely differences of growth rate are? Discuss both the savings rate and growth rates. The diagram must depict this differences. B. What is the ratio of ..
Determine the conditions of perfect competition. Name each and describe with an example how the real markets can violate one of more of these conditions.
develop a regression equation using any data. Use the regression equation to focus the demand for the product you chose for the next three periods. Assess what the results of the regression equation tells managers and how it is likely to impact de..
Find the market price and total output level. How does the monopolist allocate its production between plant 1 and plant 2
If deficit spending -crowds out some private investment, could future generations become worse off? If external financing eliminates crowding out, are future generations thereby protected?
Discuss ways the Fed's objective function can be used with an economic model to evaluate alternative monetary policies. Discuss ways that economists could use the Phillip's curve to create better economic policy than we currently have.
Discuss the political values central to "liberal democracy." In your judgment, which elements stand out as most important? Why? Has the constitutional principle of limited government been lost? Why or why not?
Suppose that an industry has six firms with market shares. % MARKET SHARES Firm ADerive the HHI. Suppose firms C and D propose a merger. Derive post-merger HHI. Might this merger be challenged under the horizontal merger guidelines?
when comparing a competitive market to a monopolistic market, A) the monopolistic supply curve is equal to the competitive supply curve B) the monopolistic marginal cost curve is equal to the competitive supply curve C)the monopolistic supply curve i..
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