Technological advancement and structural unemployment

Assignment Help Macroeconomics
Reference no: EM131088414

"Corporate America has been accused of spending the last 30 years seeking out ways to reduce, or increase the efficiencies of its, labor force resource requirements". Is this statement an accurate reflection of Corporate America's 'modus operandi'? If so, is this behavior a natural consequence of technological advancement and structural unemployment? If not, is Corporate America operating under the principle of "Profit Maximization"?

Reference no: EM131088414

Questions Cloud

Current slide in oil prices : Discuss the similarities between the 1986 crude oil price collapse and the current slide in oil prices that began late 2014.
Basis of cheap oil : Describe some of the investments made on the basis of cheap oil that complicates the transition away from a hydrocarbon based society.
Find the voltage and power at the sending end : The shunt capacitance is 0.0112 m F per km. The receiving end load is 270 MVA with 0.8 power factor lagging at 325 kV. Use the medium line model to find the voltage and power at the sending end and the voltage regulation.
What examples illustrate about nature of standard deviation : Think of examples of measurements of a single variable. Think of one example for which the standard deviation is likely to be much higher for one group and much lower for another group on the same variable. What do your examples illustrate about t..
Technological advancement and structural unemployment : If so, is this behavior a natural consequence of technological advancement and structural unemployment? If not, is Corporate America operating under the principle of "Profit Maximization"?
Maintain competitive markets and discourage : What do we call government regulation intended to maintain competitive markets and discourage unfair accumulation of market power?
Shortage in the market for product when : There is a shortage in the market for a product when.
Discuss why there has been such lack of economic integration : Discuss why there has been such a lack of economic integration in the Middle East and North Africa (MENA) and do you think that the lack of integration is a result of MENA nations noninvolvement with the World Trade Organization?
What are its input parameters and its output : Add the RGB, yellow, Blue, and Green LEDS to create a separate LED or joint LEDs (RGB LED) and resistors to light for each note when the pushbutton is pressed.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Ticket for upper-deck tickets overlooking the end zone

Is it price discrimination when a professional football team charges say, $150 per ticket for 50-yard-line tickets in the lower deck and $50 per ticket for upper-deck tickets overlooking the end zone?

  Explain the causes of recent recession and when it started

Explain the causes of recent recession and when it started and when it technically ended. Finally why the recent recession was called the worst recession after the great depression.

  1 what is a federal government budget deficit what is the

1. what is a federal government budget deficit? what is the national debt? how does a budget deficit affect the

  Problem regarding the ms access

You are to develop a simple database that will store notebook specification including price foreachnotebook using Microsoft Access 2003/2007/2010/2013.Followtheinstructions below.

  What is the maturity gap of this balance sheet

Immediately prior to the beginning of year 2, LIBOR rates increase to 6 percent. What is the expected net interest income in year 2? What would be the effect on net interest income of a 2 percent decrease in LIBOR?

  Why is a shortage of internet access at new ceiling price

Suppose that the black market for Internet providers arises, with internet service providers developing hidden connections. Illustrate the black market for inter access, including the implicit supply schedule, the ceiling price, the black market s..

  Elucidate what is the average dividend growth rate

After the past five years respectively. Elucidate what is the average dividend growth rate.

  Determine the tragedy of the commons contemporary example

Determine the Tragedy of the Commons, which gives a contemporary example, and offer a potential solution.

  Utilize the information to predict the yearly number of vcr

Utilize the information to predict the yearly number of VCR's sold under the following conditions.

  Handling a crisis of epic proportion

Which economic system is best suited for handling a crisis of epic proportion (hurricane, flood, blizzard, forest fire, and so forth)? Why? Describe and explain why a socialist system might be the best in responding to the needs of people struck by..

  What is your price elasticity of demand for gasoline and

what is your price elasticity of demand for gasoline and why? how important is fuel efficiency to you particularly if

  Which country should have a higher growth rate

The growth rate of population in Country A is greater than in Country B. According to the Solow model, which country should have a higher growth rate of output per worker?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd