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In March 2007, the US unemployment rate was 4.4 percent. In August 2008, the unemployment rate was 6.1 percent. Use this information to predict what happened between March 2007 and August 2008 to the numbers of
A) Job losers and job leavers.
B) Entrants and reentrants into the labor force.
Select two companies whose product(s) you use in your daily life. You may choose anyfirms you wish, as long as their information is publicly available(as to their products and financial information) and they are knownto the average person.
Seven goblins are deciding how to split 100 galleons. The goblins are named Alguff, Bogrod, Eargit, Griphook, Knadug, Ragnuk, and Uric, and they've been rank-ordered in terms of magical power, with Alguff the weakest and Uric the strongest.
Suppose that as a result of many years of investment in research and development of new technologies, an economy discovers a new way of producing energy using renewable sources.
Illustrate what firm dominates the beer industry. What demand and supply factors have contributed to fewness in the industry.
Suppose that you have following open economy where C = 10 + 0.8(Y-T); I = 10; G = 10; T = 10 and imports and exports are given through IM = 0.3Y and X = 0.3Y* respectively
Show the first and second order condition for profit maximization. Illustrate what is the price elasticity of demand faced by this monopolist.
1. what two policies could you use to reduce the total amount of emissions 2. why do you think each would work 3. what would the benefits of each action be (besides emissions reduction) 4. what would the cost of each action be
When McDonalds Corp reduced its price of the big mac by 75 percent-Using your knowledge of game theory, what do you think disrupted McDonald's plan?
Because bagels and cream cheese are often eaten together, they are complements. We observe that both the equilibrium price of cream cheese and the equilibrium quantity of bagels have risen.
Name various areas of business in the US (or world) where the prevailing market structures have changed dramatically in the past twenty years and discuss the direction of the change.
Evergreen Landscapers, Inc., owes Friendly Finance Company $5,000. Evergreen enters into a contract with Suburban Office Park under which Evergreen promises to maintain the landscaping on Suburban's property.
Assume that you are the chief economic advisor to the president of the U.S..
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