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In an economy, 23 million people are employed and 2 million are unemployed, but 5 million part-time workers would prefer full-time work. What is the unemployment rate?
CECN202 - INTERMEDIATE MACROECONOMICS - Explain what is meant by the neutrality of money - Will this fiscal policy action
Using Pareto efficiency, explain the argument that if one accepts the assumptions made in the memo written by Larry Summers that sending more polluting industries to the third world might be Pareto efficient.
What do you regard as the main weaknesses of the Ricardian or Classical model as an explanation of the trade patterns? Why do you regard them as weaknesses?
When looking at free trade, you will find that we are focusing on the level of support that is needed by the government. Why do you think the government can help make the US economy more competitive in the global markets? answer and give an exampl..
Illustrate what is the size of the labor force. What is the official unemployment rate.
The Consumer Price Index in Period 1 is 107.5. It is 103.8 in Period 2. What is the inflation or deflation rate? State answer as a percentage rounded to one decimal place.
A firm in a perfectly competitive market invents a new method of production that lowers its marginal costs. what happens to its output or what happens to the price it charges.
The Federal Trade Commission (FTC) recently issued a report titled, "Data Brokers: A Call for Transparency and Accountability." What is the role of the FTC with respect to consumer privacy? What is the significance/impact of this report?
evaluate the following statement i am a manager in a governmental agency. i have no control over compensation policy.
A competitive firm has a cost function C=2q3-12q2+20q+100. The shutdown point (q,P) is? The optimal output price of 92 is? At price 92, the optimal profit is? At price 92, the optimal producer surplus is? The firm's supply curve is given by?
What were the fixed and variable costs for Kodak? What were some of their long run costs, including their divisible inputs?
Explain the concept of software as a service (SaaS) , and describe at least one application area in which SaaS is becoming important. Do you think the use of SaaS will expand and why or why not?
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