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Economics - Unemployment
What kind of monetary and fiscal policies could be introduced to reduce unemployment? Why would we expect these policies to have inflationary consequences? Illustrate your answer diagrammatically
Picture the used car market: Cars are either high, medium, or low quality. To buyers, high quality cars (which never break down) are worth $8,000, medium quality cars (which sometimes break down) are worth $5,000, and low quality cars (which often br..
Suppose that the matching function is given by: M = em(Q, A) = eQ^(0.7)A^(0.3) Express pc and pf as functions of e and labor market tightness j. Suppose that z = 1, b = 0.4, e = 0.9 and k = 0.24. Suppose that w = 0.75 Find the unemployment rate in th..
The issue of competition over time presents a number of problems for a firm. Based on research for this question and personal experience, what do you believe is the most effective way a firm can compete over time? Your answer should address some of t..
Why do national income accountants compare market value of total outputs in various years rather than actual physical volumes of production.
You’re given the following individual demand tables for comic books. Calculate market demand. If the current market price is $8, total market quantity demanded is Economic books.
Suppose an individual faces employment risk of the following form: Her employment is subject to business cycles in which she faces the risk of a layoff with probability 10%. When she is employed, she receives an income of $100. She earns nothing when..
What are some of the central concepts involved in the discussion about the relationship between education, innovation, economic growth, and inequality?
For your Spring Break destination you have chosen Cancun. The marginal benefit (MB) and the marginal cost (MC) of vacationing
If ethics is connected to our nature, as the last weeks have explored, some wonder whether or not that might mean distinct ethical virtues for distinct genders. Reacting to the suggestion of her colleague that women tend not to reach the detachment f..
China's official reserve requirement ratio for most banks will be 20.5 percent after the latest increase takes effect (bank's reserve requirement ratio by a half percentage point, effective Thursday). What was the money multiplier in China? a) Before..
How low does the market price have to be for the firm to take a loss in the short-run? How low does the market price have to be for the firm to be better off shutting down in the short-run?
Even though the Net Present Value is the most preferred model of gauging a viable investment, I am sure there are situations that the payback period is also
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