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We have done a fantastic job getting a basic understanding of unemployment. Let's take a look at some additional ideas on unemployment. The text gives us various "types of unemployment" beginning on page 411. What types of unemployment does the text describe? Can you give an example of each?
Each can produce the next generation super computer for math (M) or for chip research. However, only one can successfully produce for both markets simultaneously. Find the Nash equilibrium (include the payoff in your answer), and elucidate why it i..
There are three firms in an economy: A, B, and C. Firm A buys $400 worth of goods from firm B and $240 worth of goods from firm C, and produces 220 units of output, which it sells at $7 per unit. How much would government get if it introduced an inco..
Describe why the primary objective of maximizing shareholder value may actually be the most beneficial for society in the long run.
Comment on the difficulty of calculating opportunity costs (the economic concept) as compared to accounting costs (explicit costs). Do you have any suggestions for making the calculation of implicit costs easier?
Explain how do you expect the supply and demand of your selected good to change in the next year. Relate you expectations to the price and quantity of the good in the marketplace.
A project has a first cost of $10,000, net annual benefits of $2,000 and a salvage value of $3,000 at the end of a ten year useful life. What is the future worth of the project if MARR = 10%?
how much more money will Edward repay compared with what Jorge owes (moral:you want a high FICO score)? Assume monthly compounding of interest.
Currently, the expectation is that the Federal Reserve will try to increase interest rates sometime later this year, while the European Central Bank will try to maintain low interest rates. What is the corresponding expectation of the future trajecto..
For the product is charging the most favorable price
Illustrate what are the main determinants of the amount of excess reserves held by banks. Illustrate what is the primary determinant of deposits and the money supply in the long-run.
Media specialists know that receivers engage in selective retention, and thus have to create broadcasts that will linger with impact. Which of these options are true according to the media research about how receivers information from mass media?
Consider now an economy where you need to search for a job. Let b be the fraction of people that do not have a job and are searching for one. Write the equations describing the dynamics of those employed (E) and those who are not employed (NE). Compu..
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