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Unemployment insurance, because it allows people to spend more time searching for a job than they would otherwise be able to, can increase the natural rate of unemployment. Is this something that policymakers should be concerned with? Explain.
Find Equilibrium GDP (Y). If potential GDP is 1950, is the economy in a recessionary or inflationary gap. Suppose that the MPC, falls to 0.75, so C = 0.85DI. Find Equilibrium GDP.
It has been proposed that a government agency be charged with the responsibility for determining the amount of pollution
Illustrate what is the constant term if the equation for the demand curve is written in the form.
Illustrate what is the meaning of economies of scope and explain how do they differ from economies of scale.
What can be accomplished about the impact of transportation costs on the price of the traded product in each trading nation.
Assume interest rate levels rise to the point where such bonds now yield 12 percent. Illustrate what should the U.S. Congress also the Federal Reserve do about it.
If hard freeze eliminates Brazil's premium coffee crop, illustrate what will happen to the price of premium coffee.
What is social responsibility? How important it is toa customer and an employee?
Illustrate what is the maximum amount by which funds provide can be increased as a result of bank A's new loan
For a competitive firm facing a market price above average total cost, the existence of economic profits means that the firm should increase output in the short run even if price is below marginal cost.
To what extent is to greek proverb "Happiness is the full utilization of your capacities along lines of excellence." similar and different from the traditional definition of economics.
Describe the balance of fixed and variable costs for the organization. How can the organization use technology to change this balance for an advantage.
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