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Describe the Structural unemployment
Individuals who are unemployed as their skills are no longer in demand where they live. This kind mainly results in longer spells and may require the unemployed to acquire training or to move.
Lag Length criteria VAR Lag Order Selection Criteria Endogenous variables: OIL EXCH R RPI LUNEMP GDP
A recent study in NJ showed that 50% of all patients will return to the same dentist. Suppose nine patients are selected at random, what is the probability that: (a) exactly five o
Flossy has a quasi-linear utility function, 16q1^0.5 + q2. The price of good 1 is fixed at one. Thus, Flossy's budget constraint is q1 + p2q2 =Y, where Y denotes income. 6.1 Compu
Ok, so the supply curve for goal in the U.S. is perfectly elastic, while the demand curve has the usual shape. In 2011, the U.S. used 1,003 million tons of coal at an average price
State about the unitesd state government bonds In most countries, you find government bonds with longer maturity. For example, in the United States you have Treasury notes (two
Illustrate the circular flow of income and expenditure according to their models ( classical and keynesian)
why lm curve upward sloping and is curve downward sloping?
Compared with the situation before 1981, the marginal tax rates imposed on individuals and families with high incomes are now lower. What was the top marginal personal income tax r
RATCHET EFFECT
Do you agee or disagree " Economic theory helps society reach economic goals that it has selected for itself?" Justify your answer.
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