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Are the following workers more likely to experience short-term orlong-term unemployment and explain:
a) A construction worker laid off because of bad weather.
b) A manufacturing worker who loses her job at a plant in anisolated area.
Assume the Federal Reserve sells government securities from its existing holdings to the financial sector and the non-bank public.
In the months of preceding the expiration date, bargaining teams for the UAW and General Dynamics met to negotiate a new contract.
In 2008, box industry was perfectly competitive. The lowest point on long run average cost curve of each of the identical box producers was $4,
Suppose Congress wishes to reduce the budget deficit by reducing government spending. Use the IS-LM model to illustrate graphically.
Assume a randon variable x, that is uniformly distributed between 25 and 50. a. What is the mean of x? b. What is the standard deviation of x? c. What is the probability that x is between 28 and 37?
During 2003, Company A and Z made the following identical purchases in the order shown, Each firm sold 400 units but A fimr uses LIFO inventory costing and Z Company uses FIFO inventory costing.
Other things constant, should your friend continue to operate in the winter months? Be sure to explain to her why she should or should not continue to operate
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are $100. Investment is $600. Find equilibrium GDP. What is the multiplier for this economy?
Suppose two equally risky shares, Hi and Lo. Hi shares pay a generous dividend and offer low expected capital gains. Lo shares pay low dividends and offer high expected capital gains.
Illustrate what are two reasons economists support free trade. Can you list what three of those assumptions likely.
Earlier this year the Federal Government USA approved the merger between Sirius and XM satellite radio companies. What, if any, shortcomings arise from a monopoly pricing strategy (efficiency and consumer surplus)?
Discuss the role of the Federal Open Market Committee in conducting monetary policy.
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