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In this Journal, examine the impact of interest groups on the policymaking process. Your Journal entry should be at least 400 words, and cite any appropriate references
Assume a continuous-time solow growth model with no technical progress. The economy is closed and there is no government sector. Labor supply is given by L_t = e^nt, n>0. The average propensity to save out of GDP is s,, with 0
Illustrate rate of growth in fuel costs justifies going ahead with the insulation plan? Make sure that the rate of growth and the discount rate are aligned in terms of periodss.
Describe or give example of a real-world dilemma where these six principles could be applied. 1. Understanding each dimension of the problem 2. Who would benefit/suffer 3. Alternative solutions legal/fair 4. Your "gut feeling" level 5. Defend your de..
Choose five innovations associated with the Industrial Revolution and five innovations from the Technological Revolution. For each innovation, identify the effects it had on individuals, societies, businesses, and politics.
Event 1: The government passes a law allowing states to pay unlimited unemployment benefits to all unemployed workers for an unlimited amount of time. Event 2: The federal government increases the restrictions on the immigration of skilled workers
Summarize the website or the film and describe the important information presented. Does this film or website depict the country accurately? How does the information you find in the film or website compare to the information you have read in your ..
Protectionist trade policies result in higher prices for consumers. One way to view the higher prices is as a transfer from workers in unprotected industries to those in the protected industry.
When Erika's income increases by 3 percent, her demand for tickets to professional hockey games increases by 6 percent. Erika's demand for tickets is income (elastic/inelastic). For Erika, hockey tickets are (normal/inferior) good.
Keynesian thinking dominated US (and other developed-country) policy-making well into the 1970s, although the "classical" counter-arguments kept up a steady criticism:
It is given that the money demand fucntion is (m/p)d=1000-100r, where r is interest rate in percent. The money supply(M) is 1000 and the price level(p) is 2.
When the economy is at full employment, what types of unemployment may exist? Over the last 100 years, the U.S. labor productivity growth rate experienced its largest declines.
List three variables that would cause a decrease in real GDP--indicate whether changes in each variable increase or decrease aggregate demand or short-run aggregate supply. Next, state three variables that would cause an increase in the price leve..
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