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Suppose the probability of a worker losing his or her job in a year is 2%. The probabil- ity of someone unemployed ?nding a job within a year is 40%. What is the equilibrium un- employment rate? What happens if the government takes measures to free up the labor market that will double the chances the unemployed have of ?nding a job and also double the chances of those with jobs becoming unemployed?
Diagrammatically identify the quantity of output a monopolistic competitor that is incurring losses. Separately, diagrammatically identify a monopolistic competitor that is incurring losses.
What effect does increasing autocorrelation have on the sampling distribution of the percentage of made free throws? Describe your procedure in answering this question.
assume firm ys production function is given by the following cobb douglas equationq 0.5 x l0.6 x k0.5where l denotes
Find Timothy's demand curve for good x, and plot on a graph Show on a graph the effect of an increase in income on consumption of both x and y using the income consumption curve. Is x an inferior good or a normal good?.
What is the short-run profit-maximizing policy of a monopolistically competitive firm and how is the long-run equilibrium of monopolistic competition like that of perfect competition? also give example.
A consumption function is given by the following relationship C=100+.70(Yd) What is the multiplier in this model?
1. what is a mutual fund? explain in detail noting any differences in practice between saudi arabia and the united
1.If you take $100 out of your piggy bank and deposit it in your checking account, how did M1 change? Did M2 change? If the deposit will be loaned under 20 per cent reserve ratio, what is the change in M1 and M2 as a result of $100 into the banking s..
Describe the innovation life cycle proposed by Abernathy and Utter back. Does the model provide a useful tool to guide and manage the innovation process? Do you see any weak points in the model?
What is the difference between fixed costs in the short run and in the long run? Why does it make sense for unprofitable firms to stay in business?Why do perfectly competitive firms make zero economic profit in the long run?
There is a constant allocation and re-allocation of resources. How does this happen? What economic mechanism helps allocate resources to the preferences of hundreds of millions of people? (Hint: Consumer's sovereignty).
Determine how velocity is affected by an increase in real income (Y), an increase in the nominal interest rate, and an increase in the price level.
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