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Explain the sense in which the Fed is independent of the federal government. How independent is the Fed in reality? What is your opinion about the importance of the Fed"s independence for the U.S. economy?
Hearts set on joining the global economy, Indian IT workers are brushing up on their interpersonal skills.The huge number of Indian workers staffing the world's tech firms and call centers. possess cutting-edge technical knowledge, their interperso..
This increases the need for education in the economy as a whole because automation took away these jobs. Because of the increased need for education, more jobs were created and the education setting like universities have created jobs.
(Craft Unions) Both industrial unions and craft unions attempt to raise their members' wages, but each goes about it differently. Explain the difference in approaches and describe the impact these differences have on excess quantity of labor suppli..
Alexander is involved in a dispute related to his business. Alexander is considering legal action. Why may it be financially advantageous to alexander's business to avoid litigation and mediate the case
In the text, we considered a sequential move game in which an entrant was considering entering an industry in competition with an incumbent firm. Consider now that the entrant, if fought, has the possibility of withdrawing from the industry (at a..
Google Books has a new feature that allows users to search for the historical use of specific words within the publications that have been digitalized. In the picture below I plot the employment of the terms Economics and Political Economy since t..
Consider a macroeconomic model of an economy in Long Run market equilibrium. Suppose there were a shock which was going to cause a decrease in aggregate demand. a. What steps could a government take in order to avoid the long-run market correction
Assume that there're 10 million workers in Canada and South Korea and each worker in Canada and South Korea can manufacture four cars per year.
A firm with a kinked demand curve experiences an increase fixed costs. explain how the firm's price, output and profit change.
What might be your variable costs be in the short run and how would you measure these That is, what items are the sources of your variable costs and how would you go about measuring the costs associated with them.
Rise in customers income will make increase in the quantity demanded.
Illustrate what are some polices the U.S. government could take to increase U.S. economic growth.
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