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2. Local Area Unemployment Statistics
Website:https://www.bls.gov/web/laus/laumstrk.htm
Also, visit the following website that ranks unemployment data by State.
Specify a State that this individual may live in. What is the unemployment rate for that State? How does it compare to the average unemployment rate for the U.S.? What factors may be responsible for the disparity?
Discuss some factors that may have affected the U.S. unemployment rate in recent months.
Real GDP per hour worked in the United States grew by 2.17% per year from 1949 to 2009, and capital per hour worked grew at the rate of 2.27% per year during the same years.
An accident has occurred in which chemicals leaked into the ground water nearby, the community is unaware. Assess the costs involved in cleaning up the water immediately (confessing) versus hiding the fact.
The increase of the real money supply by 10 percent by the Federal Reserve when the unemployment rate rises by 1 percent is an example of
Is the price elasticity of demand elastic or inelastic for that good or service. Explain how should the company alter the price of the good or service to increase revenues.
many important economic theories develop as a result of particular economic crises facing societies. can you locate
Fleet rental car company purchased 10 new cars for a total cost of $180,000. The cars generated income of $150,000 per year and incurred operating expenses of $60,000 per year. The company ises MACRS depreciation and its marginal tax rate is life ..
Explain what caused the Financial Crisis of 2007-2009 and explain how in the economy could be self-regulating in the long-run and should recover from the Great Recession.
Suppose the Department of Agriculture ordered all farmers to reduce the acreage they plant by 10%. Would you expect a 10% reduction in food production? Why or why not?
Suppose a monopolist can purchase Labor at a price w = 27 and can purchase Capital at a price r = 3. The monopolist’s production function is given by Q = L1/2K1/2. The demand facing the monopolist is given by P = 402 – 6Q.
Illustrate what are some advantages of a unionized organization. What are some disadvantages.
Explain how can federal government spending crowd out private sector investment and consumption.
Name them six problems that complicate fiscal policy for policymakers. Please include examples and explanations.
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