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Problem: What are the three types of unemployment? Unemployment is seen by some as undesirable. Are all three types of unemployment undesirable? Could the advent of the Internet completely eliminate frictional unemployment? Are all three types of unemployment undesirable? Explain.
You have been asked to assist your organization's marketing department to better understand how consumers make economic decisions. The role asymmetric information has in many economic transactions.
The movement in the direction of a market-based system with freely determined prices, competition, profits, private ownership, and other features of capitalism is not simple. Discuss some of the challenges associated with an economy transitioning ..
What is company culture? Why should a company build up a strong cultures for their business? How to build it up successfully?
Two ways in which sectionalism caused conflict or tension in the United States during the early 1800s.and explain how sectionalism affects economics and politics in the United States today.
How does the liquidity premium theory of the term structure of interest rates differ from the unbiased expectations theory? In a normal economic environment
How would better health outcomes cause higher income? How might the relative importance of two hypotheses be relevant for public policy?
Explain the alternative adjustment path that would result from the stimulus and compare it to the adjustment that would have occurred if the government had not responded to the recession.
tuition is s= 60,000; he can earn w= $10K as a part-time waiter in college; the interest rate is r= 10%; and he anticipates earning w= $144K after he graduates. If, instead, he does not enroll in college, then he will earn wn= $45K per annum duri..
Steady state in a calibration of the US economy in 2000. In this problem, suppose that rate of growth of the work force is n = 0.017 and there is no exogenous technological progress.
What is the Coca-Cola executive assuming about the price elasticity of demand for Coke? Briefly explain.
The first step in comprising the value of this stock today, is to compute the value of the stock when it reaches constant growth in year.
exchange economy with two goods x,y. Person A has 16 units of x and no y; B has 4 x and 40 y, Ua(x,y)= x(^1/3)Y(^1/9) Ub(X,Y)= X^(2/3)Y(^1/9) 1) the demands for goods x and y for both persons. 2)state the conditions for market equilibriumeral.
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