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When does a recession begin and when does it end?
The dating of a business cycle is done by the Business Cycle Dating Committee of the National Bureau of Economic Research (NBER). Go to NBER's web site and read the Nov. 26, 2001 memo as well as the set of FAQs. Summarize in your own words the economic indicators that the committee tracks to be able to determine the beginning and the end of a recession. Now, go to the Federal Reserve Bank of Dallas site. Click on the tab Economic Data and then click on U.S. Economic data and finally on National Income and Product accounts to retrieve the most recent data on U.S. GDP. In view of the data from 2007 to the most recent data of 2009, will you argue that the recession has ended? You can consult other data on the Dallas FRB site as well as other memos and announcement on the NBER site.
Calculate the appreciation or depreciation of the US dollar relative to the Japanese yen.
Your consulting company has been hired to analyze the results and make recommendations.
An Indian woman you recently recruited heavily and won to your corporation has come to you with a problem. Brought in as an engineering design manager in new products development
What is the real wage as determined by the price-setting equation and what is the natural rate of unemployment?
Assume that MPC is 0.8, while the sum of planned investment, government purchases, and net exports is $500 billion. Assume also that the government budget is in balance.
The manufacturer of these products has been in business for over 350 years.Your task is to find two more businesses which have also been around for at least over one hundred years.
Explain two effects of an adverse technological shock on the labor market and on the output market - explain two effects of an adverse technological shock on the labor market and on the output market.
Determine which of the following explain the attitude of most economists towards the United State based automobile sector?
Compute the coefficient of price elasticity for the price ranges given in the schedule and complete the first column of the table. What do you notice about the algebraic sign of the values you have just computed? Why is this so?
Analyze the factors that influence the banks desired excess reserve ratio, r e . What would happen to the magnitude of r e if:
Use the expenditure approach to comput GDP. Use the income approach to calculate GDP.
Illustrate what are the major macroeconomic goals of all societies.
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