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Questions: a. What is the relationship between the natural rate of unemployment and frictional, structural, and cyclical unemployment?
b. What would happen to both unemployment and the normal rate of unemployment if:
i. cyclical unemployment increases.
ii. frictional unemployment increases.
iii. structural unemployment falls and cyclical unemployment rises by the same amount.
iv. structural unemployment increases and cyclical unemployment decreases by a larger amount.
v. frictional unemployment decreases and structural unemployment increases by the same amount.
Explain the reasons for the increase in female labor force participation rates since the 1940s.
Explain how will unskilled workers adapt to a workplace requiring more skilled workers and fewer unskilled workers.
1. How two dimensional arrays are initialized? 2. How to output the elements of one dimensional array?
Would it be possible to privatize the money supply in the United States completely? In doing so, what would be the primary obstacle to overcome in implementing such a policy?
discuss some of the problems associated with hyperinflation--use the first article to provide examples of the problems
1._Bread.Flour is used to produce bread. The price of flour increases. Is this increase in supply, increase in demand, decrease in supply or decrease in demand?
Suzy is considering opening a restaurant. To do so, she would have to quit her current job which pays $20,000 a year and use her own car which she currently leases out to her brother for $2,000 a year.Her expenses at the restaurant would be $60,000..
Assume that gasoline retailing industry is perfectly competitive, constant expenses, and in long run equilibrium. If the government unexpectedly levies a 5-cent tax on every gallon sold by gasoline retailers,
How does the government try to control social costs? What are the problems of the government trying to do so?
If the company expects to be able to sell the car and charging station for 40% of the base price of the car alone at the end of 3 years, should the company purchase or lease the car? Use an interest rate of 10% per year and annual worth analysis.
Microeconomics and macroeconomics: Elucidate the differences among the two and why economics is divided into these two subdivisions.
On average, how much do you expect your revenue to be? Your accounting profit? Your economic profit? Will you quit your job and try your hand at being an entrepreneur?
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