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1. Which costs are caused by unemployment?
2. Calculate the unemployment rate:
Number of inhabitants: 10 million
3. Which types of unemployment are there?
Which type is observed during a recession?
4. What are automatic stabilizers?
How do they work during the economic cycles?
5. GDP is increased by 120 due to an investment of 40. Calculate:
the multiplier;
the marginal propensity to consume (MPC);
the marginal propensity to save (MPS).
In 250 - 300 words discuss the pros and cons of free trade.
Which of the following is an example of a reverse auction?
The problem is relates to Economics and problem is a critical examination of the Canadian economy. Canadian economy has been facing budgetary imbalances for quite some time.
A central bank with a dual mandate will achieve lower unemployment in the long run than a central bank with a hierarchical mandate in which price stability takes precedence. Is this statement true, false, or uncertain?
Elucidate and distinguish between the concentration ratio and the HHI. What ate the limitations of these measures within the context of the pharmaceutical industry.
The government decides that eating ice cream is a socially desirable activity and passes a law giving consumers 50 cents for each ice cream cone they eat. What is likely to happen in the marketplace once this policy is in effect What are consumers..
1. According to the Keynesian model, what are the two components of consumption spending? What factors determine how consumption changes when real disposable income changes? Explain.
Political business cycle: Do economic events affect presidential elections? To test this so-called political business cycle theory, Gary Smith 20 obtained the following regression results based on the U.S Presidential elections for the four yearl..
Suppose the real rate of growth of wages subject to Social Security taxes is expected to average 1% per year during the next 40 years. Assume that the Social Security tax rate remains constant, and prove that the average return on Social Security ..
Defend or critique the key provisions of the antitrust legislation in the United States. Analyze the major ways in which quality issues in health care affect antitrust healthcare policy. Provide at least one (1) example of antitrust laws in action..
Give and discuss (1) some examples of goods whose production creates detrimental externalities, (2)some examples of goods whose production creates beneficial externalities, and (3) some examples of the free rider problem.
What do you perceive as the reasons for the growing level of income inequality? Is it linked to wage differentials? What can we as a society do about it?
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