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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.
What are the determinants for supply and demand? Explain each one in detail.
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 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.
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 are Sass, LESS, and Stylus? Why do people use them? How does something like Compass relate to Sass?
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 and how does the FOMC evaluate the balance of risks between its goals of price stability and sustainable economic growth?
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).
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%.
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
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 war iinbspthe u.s. dollar as a reserve currencymost of the
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