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Compare and contrast the damaging consequences of rising unemployment versus rising inflation? Be sure to define unemployment and inflation and explain how they are measured. Is one worse than the other? 600 words eassy
Sam has preferences for consumption goods (C) and time spent on leisure (L). The utility function is u(C,L) = CL. The household also has a home production technology summarized by a production function. How much time will Sam spend in leisure? How ma..
The business cycle is measured in terms of changes in real Gross Domestic Product and is associated with changes in the unemployment rate. The financial performance of most industries is affected by the business cycle, although not equally. Consider ..
Candidates Weaponize Free-Trade Issue, Politico. Why Critics of Free Trade are Talking China, Not NAFTA, FiveThirtyEight. Economists Actually Agree on This: The Wisdom of Free Trade, New York Times. After reading each of the articles, you will play t..
To make the case that one country has a comparative advantage over another country in the construction of a given good or service,
Recent changes in corporate governance driven by Sarbanes-Oxley legislation and new regulations promulgated by t the SEC. What is the intended impact on corporate behavior and ethics and what are the prospects for success?
Johnny has allocated $30 toward coffee and tea and feels that coffee and tea are perfect substitutes. Due to differences in caffeine levels, his MRS of tea for coffee equals 2.
Some long term projections show US GDP growth of 2.5% per annum, which is below the historical trend of 3.25%. Based on the long run growth equation what three policy initiatives would you recommend that the US government undertake that would have be..
As discussed in the course, the U.S. Economy passed through what has now come to be known as 'The Great Recession'. The government and the Federal Reserve responded with different fiscal and monetary policies. Identify these Monetary and Fiscal polic..
How can organizations mitigate commodity price volatility? What factors exist that facilitate or hinder the ability of firms to implement the techniques discussed in class to mitigate commodity price volatility risk?
What is the equilibrium price and quantity (P* and Q*) in the market for oranges with the following conditions? An event in Florida changed the supply of oranges. Demand did not change. The new supply equation is Q=5+P What is the new equilibrium pri..
In contrast to neoclassical growth theory, new growth theory lays more emphasis on
Provide a detailed analysis of three Macro-Economic Indicators identified from the case. The analysis should also highlight how these indicators provide a better measure of economic health of Oman.
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