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Consider two hypothetical countries. In Country A, 20 percent of the labor force is unemployed for half the year and employed for the other half; the remaining 80 percent of the labor force is never unemployed. In Country B, 100 percent of the labor force is unemployed for 10 percent of the year and employed for the other 90 percent of the year. Note that both countries have an overall unemployment rate of 10 percent.
Discuss which of these countries seems to have the more serious unemployment problem, and explain why.
Hannah and Sam run Moretown Makeovers, a home remodeling business. The number of square feet they can remodel in a week is described by the Cobb-Douglas production function. Q=F (L,K) Q=10L0.5K0.5 where L is their number of workers andKis units of ca..
Elucidate how does the real wage rate at point c compare with the real salary rate at point a. How do nominal wage rates compare at those two points.
The Central Bank of Muji wishes to eliminate the recessionary gap while expansionary monetary policy. The central bank can do so by stimulating consumption and planned investment.
Explain how the joint venture can take advantage of the Polish cultural differences to build a stronger organization.
Illustrate what effect do rising interest rates have on the value of the Australian dollar. Use an AD/AS diagram to show the effects on Real GDP and the price level of an appreciating Australian dollar.
You are making $1,000 quarterly deposits into a fund that pays 8% interest compounded quarterly. What would the balance be at the end of 10 years?
Elucidate the law of demand. Why does a demand curve slope downward. How is a market demand curve derived from individual demand curves.
Write a four to five (4-5) page paper in which you: 1.Describe the business and explain the general pattern of change of the particular market model indicating how this change is likely to impact business operations. 2.Hypothesize the basic short-run..
Assume that the payoff to a goblin is if he is made into a house elf and that it equals the number of galleons if he is not. Using the solution concept of subgame perfect Nash equilibrium, what happens?
Where does NSW get most of its natural gas supplies from up to now? What is happening to total domestic gas production in Australia and Describe the structural change that is taking place in the Australian gas market.
A 500-MW power plant costs $3,700/kW to be built and the operating cost is $26.00 per MWh produced, including fuel, personnel, maintenance and other expenses. The plant will operate at an average of 85% capacity. What is the total investment to build..
Suppose that the adult population is 152 million, the number of unemployed is 19 million and the labor force participation rate 63%. What is the unemployment rate?
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