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Assuming the total population is 150 million, the labor force is 100 million, and 94 million workers are employed, What would be the unemployment rate?
It was observed that overall employment in the country did not increase during the next year.- Foreign firms displaced lesser number of jobs than they created in the country during the year.
Economists often argue that a temporary increase in government purchases -say for military purposes-will crowd out private investment. Use the saving-investment diagram to illustrate this point, explaining why the curve(s) shift. Does it matter wh..
A firm with a kinked demand curve experiences an increase fixed costs. explain how the firm's price, output and profit change.
Despite being a major industrial force in Korea, several of the company's divisions are unprofitable, or "bleeding red ink" in the words of the article. Indeed, last year the power plant and oil refineries building division recorded a $105 million..
Decline in the marginal propensity to consume by -.3 (i.e. MPC = 0.5: people consume half of their income). What is the new value of aggregate income?
Tony Soprano borrowed $200,000 from his "Shylock" friend Herb to cover his gambling losses. The "vig" is 1.5 points (%) per week. What are the nominal and effective interest rates?
Use diagram to describe how each of the following events affects the equilibrium price and quantity of pizza (draw a separate diagram for each event)
How did Greece end up in their debt crisis they are in today? Additionally, what steps is the Greek government taking to manage their debt? Even though they have received bailouts and emergency loans, why are they still in debt? Lastly, why don't oth..
"Anjali and Sanu are married, and Sanu is the breadwinner. Anjali provides 4 non-market hours of service daily, and her productivity at home is $15. Sanu's earnings are $20/hour, and his productivity at home is $10/hour. Draw his daily budget constra..
Illustrate what is the amount of the producer surplus for Juan Carlos combined.
1. nbsp what is the distinction between net investment and gross investment? which is the total amount spent on
According to the analysis of the British economist John Maynard Keynes,...
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