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Suppose we pursued a policy that made it more difficult for firms to fire their workers (e.g. mandatory severance packages, long notice time, burdensome paperwork, or prior government approval). What do you imagine will happen to the natural unemployment rate? Why?
True/False questions: The Durbin-Watson (DW) statistic is used to detect first order-serial correlation. Positive lag 1 residual autocorrelation is associated with DW values greater than 2. Autocorrelation exists when successive observations over tim..
The economys business cycles are not well synchronized with any of the world's largest economies and policymakers.
q. for all qualitative non-numerical graphs be sure to label all curves and axes carefully. explain how both initial
In the summer of 1997, Thailand experienced a speculative attack on its currency (the Baht), which was under axed exchange rate regime. Unable to meet the demand for its foreign currency reserves, Thailand was forced to oat its currency. One reasons ..
You are earning 4.8 percent on a certificate of deposit. Inflation is running 2.2 percent. What is the real rate of return on your investment?
Under its present policy of purchasing 5,000 sinks per order, what is Plumbing Supplies total annual inventory cost? Calculate the Economic Order Quantity for Plumbing Supplies Inc.
Imagine a country with two specific factors land and capital and one mobile factor of production labor. In this economy there are two industries each of which uses one specific factor and both industries use mobile factor labor. How is labor allocati..
Suppose that the monetary base increases by $400 billion. If the money multiplier equals 2.75, the money supplies:
According to the structure-conduct-performance framework, which of the following is not a characteristic of market structure
Calculate the annualized inflation rate of the price of meat over the periods: (a) May-July 1923, (b) July-September 1923, (c) October 1923,(d) November 1923.
Assume that SHELL, Corp. Coupon bond currently sells for $5,800. Bond has a 5 year maturity, an annual coupon payment of $261, and a future value of $5,800. What is the promised yield to maturity on SHELL bond? Calculate the promised YTM on the SHELL..
The total operating revenues of a public transportation authority are $100 million while its total operating costs are $120 million. The price of a ride is $1 and the price elasticity of demand for public transportation has been estimated to be -0.4...
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