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Unemployment workers receive unemployment insurance payments from the government. Does the existence of unemployment insurance make it likely that consumption will fluctuate more or fluctuate less over the business cycle than it would in the absence of unemployment insurance? The existence of unemployment insurance makes it ---------which one (more likely, exactly as likely, or less likely)? that consumption will fluctuate over the business cycle. The primary explanation for this is because: A. with unemployment insurance, business investment fluctuate less over the business cycle. B. with unemployment insurance , current disposable income fluctuates less over the business cycle. C. with unemployment insurance, household wealth fluctuate less over the business cycle. D. with unemployment insurance, interest rates unlikely to change with the business cycle.
q1. assume the two rival office supply companies office depot and staples both adopt cost matching policies. if
With current technology, suppose a firm is producing 400 loaves of banana bread daily. Also assume that the least-cost combination of resources in producing those loaves is 6 units of labor, 8 units of land, 2 units of capital, and 1 unit of entrepre..
How would an increase in capital goods, holding the size of the labor force constant, help to make workers more productive and increase economic growth? Explain how a technological advance can contribute to economic growth. Why do institutions such a..
What do Card and Krueger find regarding the effects of increasing the minimum wage on employment? What is a possible problem with the study? Tell me an economic story that would explain their results.
After rallying for the most of February to reach record highs late in the month, the S&P 500 stock indez fell sharply on Friday March 6 following news that the economy added 295,000 jobs, bringing the unemployment rate down to 5.5%. An analyst has be..
What is the impact on the market for abdominal surgery usin this new technology?
A large automobile manufacturing company is considering the installation of a high-tech handling system. The initial cost of the system is $30,000,000 and it is estimated it will save $7,500,000 per year in manual labor, and will incur $2,750,000 in ..
Draw a (standard) U-shaped SAC curve, U-shaped SAVC curve, and upward sloping SMC curve for a perfectly competitive firm. Indicate the firm’s short-run supply curve. What will be the effect of an increase in fixed costs on the firm’s supply curve and..
For decision making for the firm with market power, fixed costs are:
Several organizations and individuals – usually advocates of a balanced budget – maintain National Debt Clock. Is national debt a worry for the economy? Economists do not agree on the answer to this question. How did the 1974 Congressional Budget Act..
Kalamazoo Competition-Free Concrete (KCC) is a local monopolist of ready-mix concrete. Its annual demand function is Qd= 24000-400P where P is the price, in dollars, of a cubic yard of concrete and Q is the number of cubic yards sold per year. Suppos..
Who gets scarce resources in a market economy?
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