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During the "Great Recession" of the 2000s millions of people who lost their jobs collected unemployment compensation. Benefits were extended well beyond the original 26 week period that is normal for this program. Please respond to all of the following prompts: Why is unemployment compensation provided? Who benefits and why? Why was the benefit period extended? Do you think people are less inclined to accept possible job offers while they are receiving benefits? How long should a person wait until s/he accepts the idea that the wages previously earned may no longer be possible and a "lesser job" may be necessary? Do you agree that being out of work for a long period of time decreases a person's chances of finding employment? Why or why not?
in an excel table show the values for the capital current and financial accounts. include a net or total amount.create
Within the framework of production possibilities curve, discuss the pros and cons of alternative choice mechanisms with respect to the determination of price and output levels in an economy
the government pays attention to elasticity of demand when it selects goods and services on which to levy excise taxes
Discuss one of the conflicts experienced by one of the protagonists in the films viewed. How does the conflict experienced by this character compare to or contrast with similar types of conflict people experience in everyday life.
Consider the same animation cel auction as in problem 1. If instead you decide to hold a Vickrey Auction, what will person 2's bid be, if he is behaving optimally?
What happens to the reserves of the bank? What happens to the money supply in the economy as a whole if the reserve requirement is 10%, all payments are made by check, and there is no net drain into currency? How would your answer in part b be aff..
Suppose the demand function for a good is expressed as Q = 100 - 4p. If the good currently sells for $10, then the price elasticity of demand equals
What is an "oligopoly" and why do they exist? Mention three or four oligopolies whose products you own or regularly purchase.
If not, what government expenditures should be excluded from GDP? Are income taxes collected by the government from consumers included in GDP and, if so, how?
discuss the problems associated with having a persistent vs. temporary current account deficit and determine which
Explain in detail how each of these forces influences the auto industry, and propose how the auto industry should respond or react to each force. Businesses not only respond and react to external forces, but can also attempt to influence them.
in march 2010 president obama announced an initiative to double the u.s. exports by 2015. you work for the u.s. chamber
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