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ABS reported the following data for October 2011:
Labour force participation rate: 65.6 per cent
Working-age population: 18,429,726
Employment-to-population ratio: 62.2
Calculate the
(a) Labour force.
(b) Employment.
(c) Unemployment rate.
The Lucky Country reported the following CPI data:
June 2010 201.9
June 2011 207.2
June 2012 217.4
(d) Calculate the inflation rates for the years ended June 2011 and June 2012. Explain how the inflation rate changed in 2012?
(e) Explain why might these CPI numbers be biased?
(f) What would be alternative price indexes and how would the alternative price indexes help to avoid the bias in the CPI numbers?
Suppose that rich countries surprisingly commit to much higher official aid, to be maintained for several decades. What would be the effect of such aid on?
United State Airways have a piece of land near the Pittsburgh International Airport. The land originally cost United State Airways 375,000$.The Airline is considering building a new training center on this land.
Let the market demand for rye bread be given by Q = 500 + I - 250P rye + 400P wheat , where Q is monthly demand in number of loaves, I is average monthly income in dollars
The US congress is presently debating the new budget. Should federal spending be drastically reduced.
Imagine that the firm must choose one of three quality levels: z = 1; z=2; and z = 3. Which quality choice will maximize the firm's profit?
The effects on the development also diffusion of computer technology in the 1970s and 1980s on the U.S. economy in the late 1990s to the present.
Explain how much control might an organization have over pricing based on a product's elasticity
Find out one story about the economy that has been in the news lately.
Illustrate what is the short-run equilibrium real GDP and price level. Does Japan have an inflationary gap or a recessionary gap and what is its magnitude.
In light of the theory of comparative pros are any restrictions on free international trade advantageous
Illustrate what is the purpose of the foreign exchange markets
To best serve customers interested in buying cars over Internet, Smart Motors, hire Nora Jones to respond to customer inquiries.
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