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Suppose the World Bank provides a poor country with equipment on indefinite loan.
a) What is the effect on the real wage and hours worked in the short run? b) What is the effect on the real wage and hours worked in the long run? Explain your answers.
Illustrate the position of US economy over the next couple of years using aggregate demand and supply curves if these expectations are to be realized.
Explain the impacts of an expansionary fiscal policy such as a tax cut on the levels GDP, Consumption, Investment, interest rate and unemployment and price.
Find the following: First solve this problem using an Excel spreadsheet approach and then do the problem using the optimization procedure; compare the answers for the two methods.
What are the two problems facing the Bank of Canada in trying to control the money supply precisely?
Discuss, relating in part whether such highways are public goods and whether or not privatization should work.
Is this a good model for unemployment? What would you add to study the problem more completely? What assumption does this model make regarding unemployment
Explain why competitive markets normally lead profit maximizing firms to make choices about resource use that lead to an "efficient" allocation of resources to the market?
Human service interactions in terms of macro systems-communities and organizations. Empowerment is basically a process to assist people groups, families and communities, individuals, to use their strengths to overcome their challenges.
Explain the economic situation in the UAE based on the article. Summarize the articles with your own words
List and explain the sources of expenditures in economy by focusing on the 4 major sectors of economy.
What do you regard as the main weaknesses of the Ricardian or Classical model as an explanation of the trade patterns? Why do you regard them as weaknesses?
The average weekly earnings of bus drivers in a city are $950 with a standard deviation of $45. Assume that we select a random sample of 81 bus drivers.
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