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Use the following data. The IMF World Economic Outlook reports the following unemployment rates:
Region 2007 2009United States 4.6 5.4Euro area 7.4 7.3Japan 3.9 3.9
1. What do these numbers tell you about the phase of the business cycle in the United States, Euro area, and Japan in 2008?
2. What do these numbers tell us about the relative size of the natural unemployment rates in the United States, the Euro Area, and Japan?
Black Diamond Tennis & Golf Club offers golf & tennis memberships to residents of Black Diamond, Ohio, in which there are two types of families:
Your proposal to develop into 3-countries was approved by CEO. Now you have to make decision on a strategy - will PM firm simply sell its item or expand its markets via investment?
The people managing the bridge consortium say they always expected a dip in car traffic from a summer peak of 20,000 vehicles a day. But they admit that the current daily flow of 6,000 vehicles or so must increase if the bridge is to pay its way i..
The U.S Postal Service (USPS) is a monopoly because the federal government has blocked entry into the market for delivering first-class mail. Is the USPS also a natural monopoly How can we tell what would happen if the law preventing competition ..
ut as gasoline prices soar and concern about the environment mounts, the need to conserve gasoline has become increasingly clear. What would it take to reduce the overall demand for gasoline in the United States
Would there ever be an instance in which a relatively small nation could profit from comparative advantage with a much larger nation?
Evaluate the organisation's strategies: first for international entry, then for organising and structuring its global operations, and finally for maintaining competitive advantage in the face of new challenges and changing conditions.
Discuss the advantages and disadvantages of free international trade and imagine that you are Minister of Finance in a country which is in the middle of a recession. Discuss the economic policies that you can implement to impro..
What is the current "macroeconomic situation" in the U.S.(e.g. is the economy currently concerned about unemployment, inflation, recession, etc) What fiscal and monetary policies would be appropriate at this time
National Products Company participates in a highly competitive industry. In order to meet this competition and to get profit goals, the corporation has chosen the decentralized form of organization.
Evaluate alternative propositions for economic choice by one or more individuals, firms, organizations, or governments applying one or more of the economic theories provided in the course.
In recent years the exchange rate of the $ has been noticeably high against the yen. If for some reason investors around the world now decide that this increase is a temporary phenomena and that the $ will fall relative to the yen in coming months..
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