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Unemployment workers receive unemployment insurance payments from the government. Does the existence of unemployment insurance make it likely that consumption will fluctuate more or fluctuate less over the business cycle than it would in the absence of unemployment insurance? The existence of unemployment insurance makes it ---------which one (more likely, exactly as likely, or less likely)? that consumption will fluctuate over the business cycle. The primary explanation for this is because: A. with unemployment insurance, business investment fluctuate less over the business cycle. B. with unemployment insurance , current disposable income fluctuates less over the business cycle. C. with unemployment insurance, household wealth fluctuate less over the business cycle. D. with unemployment insurance, interest rates unlikely to change with the business cycle.
You have a gross income of $12029 in 2014. You filing status is single. You do not itemize deductions and you are allowed 1 exemption. What is your federal tax bill, assuming no phaseout of personal exemptions based on income?
Hardwood Cutters presents seasoned as well split fireplace logs to consumers in Toledo, Ohio. The low-cost provider company is of firewood in market with fixed costs.
By increasing the money supply, the Federal Reserve can lower interest rates. This has a broad impact on the economy as mortgages, business loans, etc. can be obtained less expensively. Evaluate this view of the cause of recessions. Do you agree or d..
What is the shadow price of labor when output is maximized subject to a labor constraint? In a perfectly competitive market, what curve can be drawn from the firm’s short run supply curve? When demand is perfectly elastic, what portion of costs from ..
The sub- prime loan disaster and the ensuring collapse of the US housing market have resulted in fewer mortgage loans and in significantly reduced residential construction. prices of lumber and wood building products to plummeted. explain how the res..
Consider a market with a demand curve of P=24-2Q and a supply curve of P=3+Q. Calculate Consumer Surplus. Consider a market with a demand curve of P=24-2Q and a supply curve of P=3+Q. Calculate Total Surplus. Consider a market with a demand curve of ..
Explain how total emissions can rise even though emissions per dollar of GDP substantially decline. Which of the two is more relevant for climate change? Why?
If a single bank faces a required reserve ratio of 20%, has total reserves of $500,000, and checkable deposit liabilities of $400,000, what is the MAXIMUM amount of money this bank could create (add to the money supply)?
We want to determine if the training program was effective. Compute the test statistic. At 95% confidence, test the hypotheses. That is, did the training program actually increase the production rates?
Clarke's workers are highly skilled artisans with a great deal of job mobility. What impact would the wage increase have upon the firm's employment.
According to the law of increasing opportunity costs,
Explain how the economy can adjust in the long run to restore full-employment equilibrium. Draw a graph to illustrate this adjustment process.
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