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1)Explain what we mean when we say that there are "diminishing marginal returns with one factor fixed." How can this phenomenon be resolved with he continually grow levels of productivity in the U.S economy?
2) The economy has 100,000 adults , 10,000 are full time students and 20,000 are retired, the rest are either working or looking for work,and of those 7,000 are looking for work. How big is the labor farce/ what is the labor forc participation rate? What is the unemployment rate? Suppose 2,000 of those students only chose to go to school because the economy was in a recession and theit labor market options were very poor. Under those circumstances , how dose the unemployment rate misrepresent the situation in the macro economy?
3) What is the natural rate of unemployment? what are some people unemployed when the economy is factioning well and there are plenty of firms hiring? Prove one reason why the natural unemployment rate might be very high sometimes and very low at other times.
4)Prove three explanations for why wages don't fall when unemployment gets high and there are large numbers of people looking for work.
As an international economist you have been tasked to make a short speech which answers the given questions:
Proponents of trade liberalization which freer trade might actually improve the quality of the environment.
Quantity of pizzas demanded soared he following week from 1 pie an hour to 100 pies an hour. Illustrate what was the price elasticity of demand for Domino's pizza.
Illustrate what factors have contributed to increased income inequality an economy along with an equitable income distribution may be efficient as well.
How does an active fiscal policy helps or hinder long-run growth in the economy.
The public's preference is to hold their money as half cash, half demand deposit. Reserve requirement is 25%. Determine monetary multiplier.
Use the following information to answer the questions. Compute real GDP for 2004 and 2005 using 2004 prices. By what percent did real GDP grow?
Great Dane, a Danish firm, has systematic risk of 0.9 when measured against the MSCI World Market Index. Its systematic risk is 1.25 when measured against the Danish stock index. The expected returns on the MSCI world index.
Rent Payment, Food, Utilities, and All Other. Your program should add the amounts, display the total, and compute and display the percentage for each category. Dollar amounts should be displayed with two decimal places and percentages should be di..
Devise a program to increase the level of organizational learning. 2. In what specific ways can you promote the level of learning at all levels? Making the Connection # 12 Find an example of an organization that has been using information technolo..
Which one of the following events could not have caused a shift from isoprofit line 1 to line 2? a. The employers share of the payroll tax rate has increased and the limits expanded. b. Firms structured fringe benefits so as to increase worker produc..
Describe three problems of using fiscal policy to achieve a precise level of GDP and why is frictional unemployment inevitable in an economy characterised by imperfect job information and non-zero job-search time?
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