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1) Between mid 2008 and mid 2009 measured RGDP in the economy fell by 3.8% as the US economy sank into a recession. Over that same time period total employment in terms of hours worked declined by 7% and the unemployment rate rose sharply from 5.8% to 9.4%
What can you infer from this data about the rate of labor productivity growth in the US economy during this period? If possible give a numerical answer, but in any case explain your answer in a few sentences.
Consider a Bertrand duopoly. The market demand is q=190-p. Consumers only buy from the firm whose price is lower. If two firms charge the similar price, they share the market equal
What is import substitution? Import substitution: It is a government industrialisation policy for development by replacing imports along with domestic production. St
What is good governance? Governance is fundamentally another word for government and is a necessary precondition for development. It is how governments employ their authority
a. Describe the industry within which your business will be located and describe at least three recent trends in that industry. Note: This information and item b. following may b
What is the fixed cost
limitations of pareto-optimal conditions as a measurement of welfare
why do companies privitise? what is the objectives of privitisation? what are the advantages and disadvantages of privitisation?
Numerical Exercise 11. Suppose that the Fed’s inflation target is 2 percent, potential output growth is 3.5 percent, and velocity is a function of how much the interest rate differ
How is Micro or Microfinance credit assists in financial markets? Micro or Microfinance credit assists: • Grow businesses and raise the income of the poor • Extra income
Yanni works for Woolworths Limited (WOW) and owns 5,000 Woolworths shares that he received in lieu of a bonus five years ago. Woolworths has reported an NPAT of $1.294 billion and
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