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Q. Some Keynesian economists criticize official unemployment statistics for understating extent of joblessness in United States. Which of following statements represent short comings of official unemployment rate reported by Bureau of Labour Statistics each month?
I. Discouraged workers are not considered unemployed.
II. People who work part time but want to be working full time are considered employed.
III. Retirees are not included in labour force.
Illustrate what do the nominal interest rate also the real interest rate that Whitney can earn. Whitney puts money in a savings account at her bank earning.
demand for its tennis balls by using the subsequent linear specification
All astute comments thus far. Some government projects also programs continue to give benefits for many yrs.
Elucidate why housing is expensive around campus and use the concept of implicit cost to justify students' hesitation to move away from campus.
Ignore the time value of money and compute the optimal pricing scheme of the iphone, Suppose that there are equal numbers of each customer type, and that the MC of the iphone is $100.
If each economy specialized in its comparative advantage, what range of prices would bacon trade at in terms of eggs.
Does the widget production function exhibit constant, increasing or decreasing returns to scale.
Illustrate what is the constant term if the equation for the demand curve is written in the form.
Master Card has a series of cute commercials that list a series of accounting items also costs leading to a costless product.
Illustrate what is the probability that the defense defends the right hand side. Explain in words what the expected outcome will be.
The GDP is a total market value of final goods and services produced within a country over time. Why is this a reflection of this country's cost of living so varied making expenditures.
If most businesses in an industry are earning a 13 percent rate of return on their assets, but your firm is earning 23 percent what is your rate of economic profit
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