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In analyzing macroeconomic data during the past year, you have discovered that average labour productivity fell, but total output increased. What was most likely to have caused this?
A) Government deficit was reduced.
B) The capital/output ratio probably rose.
C) There was an increase in labour input.
D) Unemployment probably increased.
Explain how has technology impacted the globalization process. Is this positive or negative in the short run? What about in the long run.
Although all appliances are given a unique serial number when manufactured, until this year Armonco had no capability of determining how often any appliance was brought to an authorized service facility.
Analyze the relationship among fiscal and monetary policy in an open economy.
Describe the market structure in which the selected good or service competes. Discuss the implications of the market structure on pricing.
In the signaling model, assume high school graduates are paid a stream of income whose present value is $200,000. College graduates are paid a stream of income whose present value is X. College education costs higher-productivity wo..
For 2008-2014, a company has collected the following data on quarterly sales of its product.
For each level of output, calculate this manufacturer's marginal cost (MC) (For convenience, place the Marginal Cost between 0 and 1 boat on the second row, the Marginal Cost between 1 and 2 boats on the third row, and so on)
In a country such as Japan that has had verylittle inflation in recent memory, it will take longer for a changein the actual inflation rate to be reflected in a correspondingchange in the expected inflation rate.
The following figures refer to a firm production department during a certain week. Estimate TVC and AVC. No. of workers employed 50
Elucidate do labor unions have a role to play today. How important is this role.
Explain whether the following government activities is motivated by a concern about equality or a concern about efficiency. In the case of efficiency, discuss the type of market failure involved- regulating cable TV prices.
Suppose the dollar/Real exchange rate is fixed but Brazilian prices are rising faster than U.S. prices. Is the Brazilian appreciating or depreciating in real terms?
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