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Explain John Maynard Keynes's concept of effective demand. How is the employment of labor explained in this theory? How does this explanation differ from the neoclassical interpretation of the labor market? Explain, using Keynes's concept of effective demand, why falling wages, in the context of unemployment, might not lead to the full employment of labor.
Should the government increase the minimum wage? What should be the GUIDELINES for an increase? What are some of the disadvantages of an increase?
none of the employees makes the effort to do so. How would you change the organizational architecture of the firm to raise profitability?
Suppose you purchase a 30-year, zero-coupon bond with a yield to maturity of 6%. You hold the bond for five years before selling it. If the bond's yield to maturity is 6% when you sell it, what is the internal rate of return on your investment?
explain how would this change affects the optimal investment rule for the firm.
Quality in medical care may be defined as achieving the greatest benefit at the lowest risk. How have the priorities of our health care system and the allocation of resources addressed this goal?
What factors led to the mortgage default crisis? How did mortgage defaults affect banks involved in mortgage lending and mortgage investing
How much of Nm and Nw can you advise to use, how much M and W will be produced from the levels of nitrogen in (a) and determine the value marginal products of the two enterprises.
Describe return to an investment in a college education. How would you go about measuring it. How would you decide it is good enough to warrant investment.
Do you consider yourself an early adopter when it comes to trying out new products or new fashions, or do you tend to take a wait-and-see attitude? How does your attitude toward new products and new ideas influence your decision making as a consumer?
When a leading developing country defaults on its loan to foreigners, discuss (with the aid of loan able funds market diagram) why interest rates will rise on bonds issued by many other developing countries. Critically evaluate the use of GDP as a us..
What is the effective interest rate of an investment if the nominal annual interest rate is 4.67% and it is compounded semi-annually? Express your answer as a percent to two decimal places.
The management of the Mini Mill Steel Company estimated the following elasticity for a special type of steel it produces: Ep=-2, Ei=1, and Exy=1.5, where X refers to steel and Y to aluminium. These are, respectively, the own-price elasticity, income ..
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