Explain two effects of an adverse technological shock

Assignment Help Macroeconomics
Reference no: EM131344793

In essay form, explain the following:

1. Using the real business cycle theory, explain TWO effects of an adverse technological shock on the labor market AND on the output market.

2. Suppose you were interested in increasing technological progress in your country. Suggest TWO ways to do this.

Reference no: EM131344793

Questions Cloud

Find the per capita gdp for this production function : Find the per capita GDP for this production function in terms of capital per person and Find the factor shares of capital and labor
Analyze the appropriate pricing strategy for your product : Analyze the appropriate pricing strategy for your product or service and the price you will set at launch. Include at least four sources of research that support your analysis.
Define the cyclically budget explain it significance : Define the cyclically budget, explain it significance, and state why is may differ from the actual budget
Prepare a written research report : Prepare a written research report that builds on first assessment - using the same produc/service mentioned.- The assessment examines an entry strategy and operational structure for your planned move into another country.
Explain two effects of an adverse technological shock : Using the real business cycle theory, explain TWO effects of an adverse technological shock on the labor market AND on the output market
Optimal quantity of safety stock : The reorder point for BB-1 is 140sets. What level of safety stock should be maintained for BB-1? The optimal quantity of safety stock which minimizes expected total cost is? (enter your response as a whole number).
Describe the main line of business of the company : Describe the main line of business of the company. Name four of the countries in which the company operates. Explain in detail the implementation of the 4Ps marketing mix concept by the company.
What is white privilege : What other kinds of privileges exist in American society, such as male, wealth, beautify, stature, education, last name? How do they provide privilege?Can you think of privileges that change, depending on the social context, such as a deaf student..
What are the major sources of archival data : What is a coding system? What are some important considerations when developing a coding system?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Determinants for supply and demand

What are the determinants for supply and demand? Explain each one in detail.

  In which year did a newly hired professor earn more in real

Which professor is better off. The starting  salary  for a new assistant economics professor was 15000 in 1976 and 80 000in 2005. The value of the CPI for 2005 was 195.3 compared to 56.9 in 1976. In which year did a newly hired professor earn more in..

  Explain how did the resolution affect the short

Explain How did the resolution affect the short and long run costs of the firm. What are the lessons to be learned that can be applied to your position at Acme Motors in Nuevo Laredo.

  Short- and long-term effects of your policies

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.

  Compass relate to sass

What are Sass, LESS, and Stylus? Why do people use them? How does something like Compass relate to Sass?

  Discussion regarding marginal benefit and marginal cost

Participate in a discussion regarding marginal benefit and marginal cost.  Review the "EYE on the Benefit and Cost of School" caption titled, Did You Make the Right Decision? on page 15 in the textbook.

  What is the targeted federal funds rate

What is the targeted federal funds rate and how does the FOMC evaluate the balance of risks between its goals of price stability and sustainable economic growth?

  Show that the demand function

Suppose a consumer's demand for a product is given by Qd = 0.2 I / P. Show that the demand function is homogeneous in income (I) and the good's price (P).

  Draw the lorenz curve from data

This question concerns income distribution. Say that a country's income is split into quartiles as follows: 1st: 10%, 2nd: 15%, 3rd: 20%, and 4th: 55%.

  Describe how does gnp differ from gdp

When calculating GDP, describe the significance of each component in the expenditure approach How does GNP differ from GDP Is GDP a reliable economic indicator to predict the changes in the business cycle

  What fiscal policy and monetary policy would be appropriate

Write your individual answers to the questions listed above together in essay format (minumum of 300 words combined in APA style), using correct economic terms covered in the discussions. If you only write 300 words, you probably won't be able to ..

  The bretton woods system and institutions setup after world

the bretton woods system and institutions setup after world war iinbspthe u.s. dollar as a reserve currencymost of the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd