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Question - Go to the St. Louis Federal Reserve (FRED) database and find the most recent values of the national unemployment rate (UNRATE), the labor force participation rate (CIVPART), and the labor force (CLF160V), Using these values, calculate the following:
(a) The working age population, WAP (or the adult population, AP);
(b) The number of unemployed, U;
(c) The number of employed, E;
(d) The employment ratio, ER.
How to Restore Participating and Self-Support to Free Enterprise (Harvard University Press, 197), economist Edmund Phelps. Is the Phelps' plan an improvement over current government policies? 3. The availability of investment capital is critical f..
submit a single page with two graphs or tables on it displaying this information. Write a short paragraph or two that says what the data show.
The only variable input a janitorial service firm uses to clean offices is workers who are paid a wage, w, of $8 per hour. Each worker can clean four offices in an hour. Determine the variable cost, average variable cost, and the marginal cost of cle..
What would be the effect of each of the following on the demand for Chevrolets in the United States? In each case, identify the responsible determinant of demand. The price of Fords plummets.
What are primarily intended to address the problem of insuring people who do not have health insurance? Would a public national health insurance system reduce total spending on health care in our economy?
How do solve for competitive equilibrium and pareto optimality when there is an externality affecting consumption?
Suppose the national debt is $47 million at the end of 2009. Assume that all surpluses go to retiring federal debt. Then, what is the national debt at the end of 2014?
Would the following events usually lead to capital deepening? Why or why not? a. A weak economy in which businesses become reluctant to make long-term investments in physical capital.
Describe the benefits and costs associated with each type of externality. What happens to the Supply and/or Demand curve.
Once you have shown that on your graph, you must state what happened to equilibrium price and quantity. Now remember, when demand and supply change, you will not be able to determine either the direction of price or quantity.
First, consider the situation before the trade. Graph the production possibilities frontiers, and find the autarky relative price of cars in each country (Pc/PT).
Most college students are under age 25. Give two explanations for this-one based on the benefits people of different ages are likely to receive from higher education and one based on the opportunity costs of a college education to students of diffe..
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