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Question: Macroeconomics broad thinking question
Wage growth has slowed considerably in many advanced economies since the Global Financial Crisis. Compare and contrast, and explain, the likely causes of slow wage growth in Australia, Europe and the United States. Discuss the macroeconomic impacts of slow wage growth on the Australian, European and US economies; understand the mechanisms by which these impacts would occur in each case. Evaluate the policy options that the Australian, European and US governments have at their disposal to manage the impacts of low wage growth; i.e., be able to explain why these policies may or may not be effective in each case. Make a judgement on how likely it is that wages growth might accelerate in Australia, Europe and the US within the near future, i.e. with the next 5 years.
Use economic theories/models as support.
The volume of world trade rebounded sharply in 2010 on the back of a fairly modest growth rate in the world economy. What does this tell you about the nature.
Store ten student names and their individual score in a text file such as Notepad. There will be one score per student. Write a C# program using Microsoft® Visual Studio® to retrieve the names and the scores.
Make sure to include some final recommendations and strategic initiatives.
What is Marxism? How is it similar as well as different from Socialism? Illustrate and explain the effects of Marxism worldwide in both the past and present.
Imagine that winemakers in the state of Washington petitioned the state government to tax wines imported from California. They argue that this tax would both raise tax revenue for the state government and raise employment in the Washington State wine..
What kinds of economic policy mistakes did the U.S. make in late 1920s that may have resulted in the Great Depression?
How will an open market purchase of securities by the government affect the supply of high-powered money?
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Suppose that you are the chief economic advisor to the president of the United States. You are asked to propose a strategy to bring the economy out of recession. Unemployment is at 13 percent and inflation is relatively low.
What negative effects do you think this borrowed money could have on the US's economy (be very specific)?
Assume a competitive market with market demand represented by Qd = 60 -6P and market supply represented by Qs= 4P. If a price ceiling of $4 was implemented, would there a surplus or shortage result? How many units would there be a surplus or shorta..
Explain what happens to price and quantity of milk when the following events occur (you do not need to analyze the event itself but rather determine the effect of the event on supply and demand of milk):A scientific study shows that consumption of mi..
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