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Why might a favorable change in the economy, such as technological improvement or a decrease in the price of imported oil, be associated with an increase in frictional unemployment? What is the theory of efficiency wages? Provide four reasons that employers might pay efficiency.
Can you determine precisely by how much producer surplus has increased as a result of the $14.82 increase in the average fare? If you cannot be precise, can you determine whether it will be less than, or more than, a specific amount?
During 1980's the movie Wall Street seemed to accurately capture themes of the day. Michael Douglas starred in movie as Gordon Gecko
how can we measure the nations economic performance? describe what factors make it difficult to compute gdp accurately?
Also, assume that the current Federal funds rate is at the 3 percent rate that is targeted by the Fed. Now suppose that the Fed retargets the rate to 1.5 percent. By how much will the quantity of Federal funds have to change for the equilibrium to ..
1 describe the difference between ldquomoney marketrdquo debt instruments and ldquocapital marketrdquo debt instruments
Before the Civil War, the South graded with the North and with England. It sold cotton and bought manufactured goods and food. During the war, one of Lincoln's first actions was to blockade the ports, which prevented this trade.
What are the current monetary policy goals?
describe the short term effect in terms of the mix of production inputs and the overall level of output in detail of
Calculate the price elasticity of demand for Einstein's Bagels and explain what it means. Derive an expression for the (inverse) demand curve for Einsteins's Bagels.
What will happen to wage rates in country A and country B because of the migration of labor from country B to country A and what will happen to domestic output in country A and country B after immigration?
in the united states managed care is becoming an increasingly popular method of administering healthcare. it influences
consider the isle of lucy a country initially characterized by government regulations that require detailed reporting
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