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Since January of 2001 the Fed has reduced its Fed funds rate target from 6.5 percent to 1 percent. Nonetheless, the number of people at work is less than (and the unemployment rate higher than) when the Fed embarked on this expansionary monetary policy. Why hasn't the Fed's policy been more effective over the last 2.5 years in restoring strong growth and full employment to the economy? Explain in a few sentences.
The supply curve shows a positive relationship between price and quantity supplied. Elucidate role does the loss of increasing opportunity cost play in this relationship? What role does profit play in this relationship.
List and explain the sources of expenditures in economy by focusing on the 4 major sectors of economy.
Industry structure is often measured by computing the Four-Firm Concentration Ratio. Assume you have an industry with 20 firms and the CR is 30 percent. How would I describe this industry?
Illustrate what do you think will happen to the price and quantity of DVD players if. The availability of good movies to play on DVD players increases.
As per increases in population and income growth that expanded demand for housing, the price of existing houses barely increased. Why. Illustrate answer with supply and demand curves.
Assume that an engineer is deciding either not to move to northern Virginia or remain at his current job in Milwaukee.
What is the relationship among Japan and Korea's unemployment. What Trends do you see in the data set.
Explain how would either decision change if the government imposed a 20 percent tax on earnings and interest income. Illustrate what would happen if the government exempted interest income.
The Bureau of Labor Statistics announced that in February 2008, of all adult Americans, 145, 999,000 was employed, 7,381,000 were unemployed, and 79,436,000 were not in labor force.
Assuming that labor accounts for 80% of country Y's gross domestic product, compute immigrant surplus as a share of national income.
Suppose you are the manager of the only company worldwide that specializes in exporting fish products to Japan. Your firm competes against a handful of Japanese firms that enjoy a significant 1st mover advantage.
Which of the following items are included in the calculation of GNP in the UK, and which are excluded?
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