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Problem 1:
i) How might unemployment arise?
ii) Critically explain how fiscal policy can be used to reduce the unemployment rate in an economy.
iii) ‘'Inflation always comes at the expense of unemployment''. Comment.
Problem 2:
i) Briefly identify the cases for government intervention in an economy.
ii) Suggest and evaluate ways of how government actually intervenes in such a situation.
how pp curve can solve the central problems of an economy?
You are interested in the outcomes of the children in your workload in general functioning and school performance, and whether they are related. As a result you decide to collect s
Difficulties in Measuring Cost 1) Output data may represent an aggregate of different type of products. 2) Cost data may not include opportunity cost. 3) Allocating c
how do you find the average fixed costs using total fixed costs and total product?
FOREIGN TRADE: Interdependence between the economies of the world has increased multifold. External sector in the economy has gained primeimportance. Both exports and imports
Question You are the COO at PineApple, a company that produces notebook computers for business people. The company has just developed a new model - Pbook. For production of P
Marginal Product Theory a. What is the MC of output in the short-run? b. What is the MC of labor (employed)? c. What is the short-run profit-maximizing decision
Stock Market: A place where shares of joint stock corporations are sold andbought. Most modern stock markets no longer have a physical presencehowever rather connected computer net
A monopolist''s demand curve is P=100-2q. find his MR function. at what price is MR zero
What are externalities? Give an example of positive and negative externality and explain why the market outcomes are inefficient in the presence of externalities?
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