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Unemployment spells and long term unemployment. According to the data presented in this chapter, about 47% of unemployed workers leave unemployment each month.
What is the probability that an unemployed worker will still be unemployed after one month? two months? Six months?
US and Canada can both grow wheat and can do mining. Use the following table to look for which country has a comparative advantage in mining. (Hint: Find the cost of mining in terms of wheat in each country.)
If the Federal Reserve had maintained a constant money supply in the face of this change, what would have happened to the interest rate.
They value campaign funding in terms of dollars spent. Therefore, after spending ci on a campaign.
Inflation and Quantity theory of Money. Adapted from Jones Q3 Ch 8: What is the key endogenous variable in the quantity theory? (Read chapter 8 if this isn't clear) Explain the effect on this key variable of the following changes (holding everything ..
What Should we be Doing with Welfare Policy and Why? You are asked whether current antipoverty policy meets three generally accepted goals of helping, preserving work incentives, and minimizing cost and what changes you would favor and why.
"Consider the following statement: "Employers should be able to replace permanent workers during a strike." Do you agree? Explain why."
Assuming 20 people sign up for the cruise, determine how many passengers will result in the max revenue. What is the max revenue? What is the fare per passenger?
The study that estimates that in the United States the multiplier value is equal to 1.62, is carried out by----
Changes in the quantity of money lead to real changes in the economy. If this is the case, why would the central bank ever stop increasing the money supply?
The minimum feasible long-run average cost for firms in a perfectly cempetitive industry is $58 per unit. IF every firm in the industry currently is producing an output consistent with a long-run equilibrium, calculate the marginal cost incurred by e..
Illustrate what is the reorder point for part if the reorder point is expressed in terms of the inventory on hand rather than the inventory position.
Explain how a permanent rise in government military expenditures affects investment in medium run and output growth in long run.
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