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Question1: Translate your ideas into economic analysis using specific economic theory and economic terms
Question2: Explain why is frictional unemployment important to have in any economy?
Question3: Describe why hyperinflation has such a devastating impact on economies. Explain what it takes to stop hyperinflation.
Question4: Explain the three types of unemployment. What types of government programs would be most effective in combating each type of unemployment?
Assume the growth rate of the software company and the interest rate are both constant and the software company will be business for years to come.
Walmart has any special foreign exchange problems resulting from its strategic stance payment in USD, and what alternative policies the company could adopt in the event of such problems.
Illustrate what effort does the principal want to induce when effort is not observable. Illustrate what is the optimal contract for the principal.
Illustrate what is the demand and supply for labor in the unionized sector. Any surplus migrates to the uncovered sector. What is the new equilibrium wage and labor utilization in that sector.
Explain how do the fiscal policy changes play a role in the theory of political business cycles
Explain why would you expect the inflation rate to accelerate if the actual unemployment rate declined.
Most nation are interdependent where trade is concern. We all depend on each other. Should America aim to be self sufficient in the production of goods and services, rather than depending on other countries for trade.
Elucidate what is the cross elasticity of demand for pipes and pipe tobacco.
Some politicians in countries that are the recipients of large numbers of immigrants advocate adopting laws requiring immigrants to learn the local language within a specified period of time.
Illustrate which of the following statements are examples of positive economic analysis. Which are examples of normative analysis.
Use the firm's isoquant-isocost diagram and the firm's marginal cost curve to explain and illustrate the output and substitution effects of a decrease in the price of labor.
Illustrate what are the pros and cons of performing an engineering economic analysis
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