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Question: For each of the given below statements, state whether the unemployment is structural or cyclical.a) Unemployment rises as output in the economy falls.b) The demand for workers to make typewriters falls as more consumers switch to computers.c) As the United States becomes a more high-tech producer, labor-intensive factories relocate to low-wage countries. Factory workers lose their jobs and the unemployment rate rises.d) As it becomes more acceptable for mothers to work, more women enter the labor market looking for work. The unemployment rate rises.e) Foreign economies slow and demand fewer U.S. exports. Unemployment rate rises.
We have learnt that in a perfectly Competitive market, all cost savings from a technological advance are passed along to cnsumer in the form of lower prices
What do you think it should have been a good idea for these airlines to cut their frequent-flyer programs in order to earn higher profits.
Explain who are the winners, who are the loosers, we can better evaluate the net impact, if any, on the overall economy.
Explain when we look at the macro economy the similar terms are known as Aggregate Demand
Elucidate as accurately as you can how each of the following individuals which would be affected by unanticipated inflation of 10 percent per year.
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.
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The marketplace rate of return on this stock is 9%. What is the amount of the last dividend paid by Weisbro and Sons.
Now suppose that Charles Home improvement, when the disposal cost of old water heaters is included, has exactly the same average and marginal cost curves for installing replacement water heaters as does ABC water heater.
Elucidate policy or policies may be required to ensure the rate of inflation is low
Assume that initially the goods and services market is in equilibrium at the potential
Explain how many baseball jerseys will you sell in Los Angeles and how many in Brooklyn. What will be the price of your jersey in Los Angeles and what will be the price in Brooklyn.
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