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According to the Bureau of Labor Statistics, 8.3% of the labor force was unemployed in January 2012. A random sample of 100 employable adults was selected. Using the normal approximation to the binomial distribution, what is the probability that exactly 7 people from this sample are unemployed?
1nbspbarriers to entry help maintain market power and earn positive economic profits.nbsp these factors apply to all
Explain how "discretionary fiscal policy" can be "countercyclical" and can be used to support aggregate demand. Us an AD/AS model to support your answer.
q.assume a calculator virus disables the nations automatic teller machines making withdrawals from bank accounts less
q.the north american free trade agreement nafta was created 20 years ago to expand trade among canada u.s. as well as
The price level in the economy in 2007 and 2008 rose from 100 to 105. In 2008 and 2009, the price level increase from 105 to 110.25. How does the short-run Phillips curve forecast the unemployment rate will change as a result?
Calculate the point elasticity of the firm's total sales revenue with respect to the amount of labor used when q = 2.
If the unemployed workers in the newly unionized sector spill over into the nonunion sector? How many employees will be hired in that sector? D. What is the union relative wage advantage? What is the true absolute effect?
For the country you examined in discussion 1, use the summary of types of economic systems to classify the economic system of the country. Is this an evolving economic system, i.e. a system in transition to another type of system?
Illustrate what money supply should the Bank of Canada set next year if it wants inflation of 10 percent.
q.government budget constrainta write the governments lsquolifetime budget constraint assuming its lifetime is just
Despite the absence of patent protection, Semi-Salt has averaged accounting profits of 5.5 percent on investments since it began producing polyglutamate-a rate comparable to the average rate of interest that large banks paid on deposits over this ..
Provide an example for each about decision-making, interaction and workings of economy. Explain how that influences marginal benefits and marginal costs associated with decision to purchase a house.
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