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Question: A "discouraged worker" is an individual without a job who has a desire to work; however, the worker has not actively searched for a job within the last six months, because the worker believes that there are no jobs available. Such a worker is not included in the official unemployment count.
Consider a scenario where discouraged workers are now included in the official unemployment rate during a recessionary period in the economy. Which of the three types of unemployment-frictional, structural, or cyclical-do you believe that these unemployed workers would most closely qualify for? How about during a period of economic expansion? Explain your answers and include examples.
Next, discuss and explain how including discouraged workers in the official unemployment rate would affect both the federal deficit and the national debt.
What is "monopolistic" about monopolistic competition? What is "competitive" about a monopolistically competitive market? Please explain using revenue and cost curves.
Derive the expressions for steady-state capital K and steady-state output Y - What is the impact of it on steady-state capital K* and steady-state output Y*? Show algebraically.
Description of a public health initiative - Describe at least two challenges of quantifying the rate of return for this public health initiative. Using the principles of rate of return.
in the mid-1970s no one had a personal computer at home. today many people do. using demand and supply curves show the
If the Money Supply is less than Money Demand, what will the bank of Canada do in order to maintain their target interest rate? And if the Money Supply.
Comment on the main lesson drawn from this exercise with respect to the use of collateral to facilitate credit access.
For the scenarios discussed below, use supply and demand curves and a graph to analyze what will happen to both price and quantity in equilibrium.
imagine that it is the year 2199. technology has progressed at an incredible pace. the latest discovery is the
First Bank is sending alumni of universities an invitation to obtain a credit card, with the name of their university written on it, for a nominal 9.9%
What are the basic problem of macro economics? What is an explanation on what is meant by the basic economic problem?
Use the following Taylor rule to calculate what would happen to the real interest rate if inflation increased by 7 percentage points.
Guaranteeing a price for new capital to the issuing firm.Selling stock over the Internet.Issuing stock and using the proceeds to purchase bonds.
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