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Suppose that no one enters or leaves the labor force. The fraction of the unemployed that gets a job in a given week is 0.20. The fraction of the employed that lose their job in a given week and become unemployed is 0.02. What is the approximate unemployment rate when flows into and out of the unemployment pool are in balance? Please diagram the flow, how the work and explain.
You live in a world with two time periods. Your income is $100 in time period 1 and $150 in period 2. If the interest rate is 0.03 (3%), draw your inter temporal budget constraint. If you value current consumption 1.5 as much as future consumption at..
q.consider a mutual fund with 720 million in assets at the start of the year and with 10 million shares outstanding.
Find Q*, P*, consumer surplus, producer surplus, and total variable costs. Make a graph and label it. What is the elasticity of supply at the solution point? What is the elasticity of demand?
If regulators want to ensure that LWE doesn't lose money, what is the lowest price they can impose? Calculate output, consumer surplus
Explain how to encourage people to spend more to increase aggregate demand and create employment possibilities.
Steve was spending all of his income by purchasing 12 units of gasoline and 36 unit of potato chips. The price of gasoline increased from $32 to $94. The price of potato chips remained the same at $23. How much would Steve's income have to rise so th..
Do you think this will be delayed as was ICD-10? Do you think we should move to ICD-11 next year?
q1. some restaurants offer all you can eat meals. how is this practice related to diminishing marginal utility? what
People did reduce their demand for electricity and ended up paying higher prices for it! How could such a thing happen?
The head of the accounting department at a major software manufacturer has asked you to put together a pro forma statement of the company's value under several possible growth scenarios and the assumption that the company’s many divisions will remain..
What will be the demand for labor if the nominal wage is $18?
What is the probability of selecting a red marble assuming that the first one is not replaced?
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