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Define cyclical unemployment and explain why it is targeted by stabilization policy.
Explain what the natural rate of unemployment or full employment means. How can the natural rate of unemployment be 6% at one time and 5% at another time?
Indicate whether the following statement is true or false and EXPLAIN why. If the CPI rises at 5% per year, then every individual in the country needs exactly a 5% increase in their income for their standard of living to remain constant.
What describes prices or quantity not at equilibrium; when quantity supplied is not equal to quantity demanded in a market?
a explain in words how and why the income sensitivity of the demand for real balances affect the slope of the lm curve.
On November 1, 2015, a particular book about fantastic beasts (and where to find them) was being sold by Amazon.com for $107.60. At the same time, this book could be purchase dat the Amazon.uk website for the sterling equivalent of $43.92.
Master Card had a series of cute commercials that list a series of accounting items and costs leading to a priceless product. Cell phones are often advertised as being free. In economics, it is said that nothing of value is either free or priceles..
By giving examples , clearly differentiate between cost push and demand pull causes of inflation?
What do you refer to the combination of two or more firms competing in the same market with the same commodities?
What is the exchange rate in Ghana now? What is the economic stand of the country now. What is the average wage of a Ghanaian citizen?
Diversity and multiculturalism are important aspects to consider in this global environment. It is critical to understand how one's perspective toward multiculturalism and diversity affects an organization.
Heer Enterprises requires someone to supply it with 198,000 cartons of machine screws per year to support its manufacturing needs over the next 6 years.
If a specific subsidy (negative tax) of s is given to only one competitive firm, how should that firm change its output level to maximize its profit, and how does its maximum profit change
This problem belongs to economics, mainly to macroeconomics and it is explains the county with a fixed or managed exchange rate would consider i.______ its currency if the country is worried about domestic inflation. ii. Briefly Explain?
Illustrate the price elasticity of demand at the equilibrium price and quantity.What is the price elasticity of supply at the equilibrium price and quantity.
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