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Classify each of the following situations as either frictional, structural, or cyclical unemployment.
a. Maria has started looking for work after taking time off to have a baby.
b. Juan left high school without graduating and can't find any jobs he is qualified for.
c. Rohit had a job working on Wall Street but lost his job during the financial crisis.
d. Adam has just arrived in a new city and is looking for work.
e. Max wants to work as an air steward, but because the airline industry is heavily unionized there are very few jobs available.
f. Jada has just lost her job in a Web startup that was affected by a downturn in the economy.
Solve graphically: Show an increase in real interest rates that decreases quantity supplied of savings. (m2=0)
Find mathematically and graphically the Equilibrium price and Quantity? If the price is 10 Riyal, what kind of surplus we will have and how much is it? If the equilibrium price increased by one Riyal, what will be the quantity demanded?
For a linear (inverse) demand function, increases in output will cause total revenue to increase when marginal revenue is:
Draw a cash flow diagram for just the tax amount due to the depreciaiton, including the gain from this portion at EOY 8. Calculate the present worth of this cash flow. This is the amount gained by depreciating the property.
Brenda and Lela are sisters. They both like to make ice cream and cake. Brenda makes one batch of ice cream in eight hours and bakes a cake in two hours. Lela makes one batch of ice cream in 10 hours and bakes a cake in 5 hours. Who has the absolute ..
Suppose someone stated that the Heckscher-Ohlin model is best-suited for explaining trade between developed countries and developing countries, while newer theories such as those of Linder and Krugman are best-suited for explaining trade among develo..
The total demand as well as for money is equal to the transactions demand as well as plus the asset demand as well as for money.
Explain how markets in perfect competition differ from markets that are imperfectly competitive. Illustrate what role does firm have in determining market price under each condition.
What is the difference between electronic commerce and electronic business according to Becker and Sampson? Briefly compare B2C, B2B, and B2G electronic commerce?
What is the rationale for government to regulate the activities to businesses? How is our economic and social existence shaped by government regulations?
Leadership is important in shaping the culture of an organisation. With regard to this, compare and contrast leadership styles.
Illustrate what was the value of the government expenditure multiplier. What was the value of the tax multiplier.
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