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We are in the midst of a slow growing economy in the aftermath of a severe recession. During the economic downturn many businesses laid off workers very quickly once they forecast their sales were dropping. What are the economic reasons behind cutting employees very quickly in a slowing economy? Why are companies slow to rehire workers even though the stock market is quite high? In other words, what are some of the impediments to hiring and how are businesses getting the work done with fewer employees?
What is the meaning of a surplus or deficit on the a) merchandise trade balance, b) goods and services balance, and c) current account balance?
How do the demographic trends of two prominent East Asian countries, China and Japan, compare and contrast? What are some of the impacts of these trends, and what unique challenges does each country face as a result? How has the government for these ..
If the required reserve ratio ia 10 percent, up to illustrate what amount could checking account deposits in the banking system as a whole drop.
Texas governor Rick Perry promised to put hundreds of cameras on the Texas-Mexico border and broadcast the video over the Web so anyone, anywhere could become a border patroller, helping root out border crime and illegal crossings. if the 200 cameras..
You are indifferent between 2 jobs, which differ in their danger levels and compensation. You can be a crab fisher in the Bering Sea, which pays $70,000 for a 3-month period, or you can be an accounting intern, earning $2,400 for the same period. The..
The local apple stand sells apples for 50 cents each. They raise their price to 75 cents. The store was selling 100 apples a day but now they sell 50 apples a day. Calculate total revenue before and after the price change. List both answers i.e. befo..
Explain the 3 different cases where utility is maximized when you have perfect substitutes. Include a graph for each. (Hint: consider slopes.)
Why doesn’t the Fed simply keep increasing the growth rate of the money supply at faster and faster rates to drive the unemployment rate lower and lower? Wouldn’t the gains in terms of faster output growth far exceed the losses from inflation?
To increase his market share in the fast food market, Jim would like to increase sales of the firegut to 750 per week, what price should jim set?
Walmart is laying off cashiers, and increasingly adopting the policy where customers must use self checkout or pay a fee. Jason Clarke is the manager of a Walmart. There are 20 cashiers and 8 self-checkout stations in this store to serve 1000 custome..
Principles of economics for evaluating and assessing the need for the public health initiative, A brief description of whether the initiative is a micro or macroeconomic program, A determination of whether the result of the initiative is a public or ..
Demand in a perfectly competitive market is Q = 100 - P . Supply in that market is Q = P - 10.
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