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Compare and constract equilibrium for a monopolistic fir and that of a perfectly competitive firm. clearly labelled diagrams should be included
It is sometimes suggested that the federal reserve should try to achieve zero inflation. If we assume that velocity is constant, does this zero-inflation goal require that the rate of money growth equal zero
Country A and Country B have identical population growth rates of 1 percent per annum, and everyone in each country always works 40 hours per week. Labor productivity grows at a rate of 2 percent in Country A and a rate
Explain the basic ideas behind (i) employer, (ii) employee and (iii) customer discrimination. Give one example of each type of discrimination. Explain in more detail how employer and employee discrimination is likely to affect wage differentials.
folk wisdom has it that when people lose their jobs they drown their sorrows in drink.economists have long challenged
State whether you agree or disagree with the following statement and explain why: a. When the real economy expands (Y rises), the demand for money expands. As a result households hold more cash and the supply of money expands. b) Inflation a rise i..
How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competitive market.
Examine the history of immigration to the United States from the Cape Verde Islands. How did the immigration to the US impact Manuel?
Suppose you decide to elicit high CEO effort when and if good luck occurs by paying the bonus for $1 billion outcomes only. what criticism can you see with this incentive contract plan.
Consider a market where supply and demand are given by QXS = -12 + PX and QXd = 90 - 2PX.
Assume the following data for a country: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. What is the size of the labor force..
Use a graphical illustration to describe briefly what the influence an increase in immigration on the market supply of labor
Would a series of bank runs in a country decrease the total quantity of M1 Wouldn't a bank run simply result in funds moving from a checking account to currency in circulation How could that movement of funds decrease the quantity of money
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