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How unemployement increases by firm relocating production
If unemployment increases in a specific city because of a firm relocating production, it's structural unemployment that increases (primarily, part of it is frictional) and if unemployment increases because of a recession, it's the cyclical unemployment which has increased. Knowing what type of unemployment is currently present is significant when considering what type of measures to take to lower unemployment.
We will look now at changes in the income distribution of Canadians between 1991 and 2001. Use the census data for these years provided in the course web page. Download that data i
In real life, the operation of simple multiplier is affected by many leakages. Leakages in the multiplier arise out of the following reasons: (1) Saving: If all the income is sp
The analysis of the speculative demand for money reveals the importance of the level of wealth. Explain this assertion in detail
Think of a business firm you recently visited (such as Walmart, Home Depot, Red Lobster, Barnes & Noble, McDonald's, etc.). What motivated the producers of all the individual produ
Q. Define the Labor Market? A significant macroeconomic variable is the total amount of labor which is used in a certain time period. Amount of labor and amount of capital are
In a large open economy, if the economy has a fiscal expansion, what would happen in the solow model?
tax be cut as the main policy target
Your Insurance firm processes claims through its newer, larger high tech facility and its older, smaller low-tech facility. Each month, the high-tech facility handles 10,000 claims
what is the meaning of the statement ''money is not merely a veil or wrapper''?
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