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In recent years, the U.S. labor force has experienceda. an increase in the percentage of manufacturing workersb. an increase in the percentage of older workersc. an increase in the percentage of femalesd. an increase in the percentage of unskilled workers
The Employment Act of 1946, passed by the U.S. Congress after World War II,a. made the Federal Reserve responsible for achieving and maintaining full employmentb. identified specific behavior and targets for the conduct of U.S. foreign aidc. set the goals for the U.S. economy as 4 percent unemployment and 3 percent inflationd. made the U.S. government responsible for achieving and maintaining full employment
Since 1970, U.S. union membership hasa. increased as a percentage of the labor forceb. declined as a percentage of the labor forcec. remained stable as a percentage of the labor forced. become more restrictive
Whre the rest of the world propelled by the requires of developing countries, continued to increase by the historic rate. What would be the US share of total consumption in 2050 in percent.
Explain the 4-broad categories of GDP using consumption approach. Give explained account of each component and determine the Natural Rate of Unemployment.
Suppose that work hours in New Zombie are 300 in year 1 and productivity is $14 per hour worked. What is New Zombie's real GDP? _____$ If work hours increase to 320 in year 2 and productivity rises to $16 per hour, what is New Zombie's rate of econ..
This problem uses Okun's law to study how the unemployment and inflation rates change when there are demand shocks.
James Pizzo is president of a company that is price leader in the industry; that is, it sets the price and the other firms sell all they want at that price.
Suppose that an raise in a household's disposable income from $40,000 to $48,000 leads to an raise in consumption from $35,000 to $41,000,;
Assume that a borrower and a lender agree on the nominal interest rate to be paid on a loan.
Suppose you earn $1 million over your working life and the real interest rate for retirement saving is 50%. How much will you save and how much will you consume in each part of your life?
Illustrate the factors comprises in making decisions about pricing tobacco products indicating which would be the most influential.
Compute the equilibrium interest rate. Compute the amount of investment demand, private saving, and national saving at the equilibrium interest rate.
Imagine the opera has a capacity of 3000 seats and that all costs are fixed. If they can discriminate between the two groups, what is optimal price to charge to each group and how many tickets will each group buy?
Discuss the so called fiscal cliff and the expected impact for the State of Mississippi and the Mississippi Delta.
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