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Group Project-
Using the consumer price index data (CPI) data on Saudi Arabia, what is the impact of the extra two months' salary for every Saudi citizen on the inflation rate? Compare the inflation rate in the last quarter of 2014 to the first quarter of 2015.
Explain how can this be sustained if people switch over to high priced goods which causes employees and companies in the lower priced goods market to go out of business.
when does a recession begin and when does it end?the dating of a business cycle is done by the business cycle dating
Assume that the demand for autoworkers declines significantly due to a decrease in demand for new automobiles. Explain what will happen to unemployment using both classical and Keynesian reasoning.
Estimate your firm's short-run production function. Do the parameter estimates have the appropriate algebraic signs Are they statistically significant at the 5 percent level b. At what point do you estimate marginal product (MP) begins to fall
Explain how does the availability of substitutes affect purchasing decisions.
What are the prospects for profitable investments in financialmarkets? Do markets follow a random walk so that profits are mostlya matter of chance? Is it possible to outguess the market? What arethe best investment strategies?
Critically examine the basic formulations of the harrod- domar model of economic growth. how does the harrod model explain the occurrence of trade cycles?
How does a minimum wage imposed under monopsony differ in results as compared with a minimum wage imposed under perfect competition (assuming the minimum wage is above the market-determined wage)
This problem uses Okun's law to study how the unemployment and inflation rates change when there are demand shocks. Assume that the relationship between the output ratio and the unemployment rate, U is given by the equation U = 6.0 - 0.5 (output ..
the fed and the money supplyinstructions please show all work or points will be taken off. good luck1. in this problem
Consider a firm with market power that sells suits. The firm has two types of customers, A and B. There are an equal number of customers of each type. Type-A customers are willing to pay up to $100 for a coat and up to $50 for pants.
The Economy cannot be considered fully employed unless the measured unemployment rate is below 1%. Agree or disagree and explain your answer in a paragraph.
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