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How businesses are affected by unemployment?
What is full employment?
What is inflation?
If the economy is experiencing inflation, how will it affect an individual or household?
What are the two main types of inflation?
What is demand-pull inflation?
What is cost push inflation?
How do we measure Inflation (in US)?
Who is affected by inflation and who does not?
What is the redistribution effect of inflation?
Elucidate how free market features could be introduced to help improve the problem. As your answer also include a discussion of the risks of introducing market mechanisms.
Assume you have a production technology to can be characterized by a learning curve.
If Professor P chooses x and s to maximize her utility subject to the constraint that Mr. A is willing to work.
Suppose me also my roommate started a bagel delivery service on campus. List some of our fixed costs also express why they are fixed.
The base year is 2009. Real GDP in 2009 was $10 trillion (2009 dollars). The GDP price index in 2009 was 112, and real GDP in 2013 was $11 trillion (2009 dollars). Calculate nominal GDP in 2009 and in 2013 and the percentage increase in nominal GDP f..
How can a compensation scheme designed to enhance worker motivation lead to this result.
q1. the coase theorem suppose a firm pollutes a stream that has a recreational value only when pollution is below a
Elucidate why does sex discrimination seem to persist on Wall Street in spite of the negative publicity of lawsuits and monetary costs of settlement.
An emissions fee is paid to the government, whereas an injurer, who issued and held liable, pays damages directly to the party harmed by an externality. What differences in the behavior of the victims might you expect to arise under these two arr..
Opportunity cost is defined:
Illustrate what is Consolidated Company's total profit under this condition.
Explain how a Central Bank (e.g. the US Federal Reserve Bank, or "Fed") functions in order to: a) control the monetary base ("Hint": the amount of high-powered money); and b) through this control
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