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To the extent that statutory compliance mandates conditions that formerly were only available to workers who had union negotiating power to win such conditions at the bargaining table, one may argue the marginal advantages of union membership have grown less over time. In some degree, this may have contributed to the decline in union membership, although other factors have probably been far more important. Please comment.
a small country produces 5000 units of output and has a money suplly of $2000. if citizens want to hold 10% of their income in money ie k=0.1 what are v, $gnp, p and real money sup
Consider two consumers, A and B. A and B both want perfect consumption smoothing (c = cf) and both have no current wealth. However, the two consumers have different income streams.
Suppose the banking system has reserves of $750,000, demand deposits of $2,500,000 and a reserve requirement of 20%. a) If the Fed now purchases $125,000 worth of government bon
Singer suggests that although the right to sell blood does not threaten the formal right to give blood, it is incompatible with "the right to give blood, which cannot be bought, wh
Derive the conditions for steady state in the Solow model. What are its implications? In what respects is the golden rule different from the steady state?
Assume that the following data describe the condition of the banking system: Total Reserves $200 billion Transactions Deposited $700 billion
COMBINED ISLM MODEL
What is the difference between accounting profit and economic profit? Accounting Profit: The accounting profit of a business is the revenue of business minus the explicit
does central bank determine money supply in the economy
Q. What do you mean by Price index? Because we are only interested in percentage change of the price level and not particular value, we can divide every price level by a given
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