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Over the past decade, many media articles have discussed the topics of "Coutsourcing" and "Cemerging markets", voicing concerns about U.S. deficits and debt and the impact on the U.S. dollar. Gold prices have increased, commodity prices have soared, and there has been an explosion of exchange traded funds (ETFs), many that allow individual investors to "Cinvest" in foreign urrencies. As recently as mid-September 2010, the Japanese yen, for example, reached a 15-year high in value against the U.S. dollar.
Using diagrams for both industry and a representative firm, illustrate competitive long run equilibrium. Assuming constant costs, employ these diagrams to demonstrate
Illustrate what are the best goals for the Fed. Should it lean toward restraint or toward expansion.
Describe how the equilibrium in a labor market with a monoposony employer changes if a minimum wage is set at the competitive level.
Describe the effects of monetary policies on the economy's production and employment.
Explain how much pollution reduction should Appalachian Coal Mining undertake.
Discuss and explain two conflicts of interest faced by an Investment Advisor who is employed by a commercial bank or an investment bank?
What are the current values of the three main macroeconomic indicators and Why does the demand curve for money increase (more money demanded at all interest rates) when GDP increases?
Assume that the nominal wage rate equals 60. In the short-run, aggregate demand and aggregate supply are equal at a price level of 1 calculate the real wage rate.
What divergences arise in equilibrium output and efficient output when spillover benefits and costs are present? Provide some 'real-life' occurrences.
During Dec. 2007 and Dec. 2008, measured RGDP in economy fell by 1 percent as the US economy sank into a recession. Over that same time period total employment in terms of hours worked declined by 3.7 percent
Economists agree that an economy cannot increase without savings. This means forgoing current consumption, saving, and investing in capital goods.
If an owner of a industry wanted to make a trip for non-business use and their lost wages was not tax-deductible.
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