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For this week's assignment you will create a financial plan to be prepared for economic fluctuations. Before developing your plan, answer the following questions and submit your answers with your plan:
What factors can contribute to unemployment?
How can technology lead to greater unemployment, or is it a benefit to the economy?
Can inflation cause or effect unemployment? How?
Be sure to include the following in your plan:
Average wage of your planned career.
Living expenses with an amount planned for savings.
Average unemployment compensation amount and duration.
Requirements to receive unemployment compensation.
Why would your company have bid with a zero mark-up on some past tenders? Why didn’t it win all of those contracts?
q1. are recessions a necessary fact of macroeconomic life? if not illustrate what would it take to eliminate them? if
A gardener can use one of the three brands of fertilizers during the next growing season. The following decision table shows the expected gross income per acre for each fertilizer brand and weather condition for the growing season. The chance of a dr..
Using the concepts of marginal utility and marginal cost, discuss the nature of the inefficiency in each of the following cases: an arrangement that offers relatively little coffee and much tea to people who prefer coffee and does the reverse for tea..
Illustrate what will be real interest rate that clears goods market at G = 2000 and Y = 10,000. Conclude autonomous investment and marginal propensity to invest.
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It trades with a country that produces only cheese, and the currency of that country is crowns. The real exchange rate, e, equals 5 wedges of cheese per bottle of wine. The foreign price level is 20 crowns per wedge of cheese, and the domestic money ..
q1. determine whether the justice department would challenge a merger between two firms in an industry with 10
Which of the following shifts aggregate demand to the right?
Economists look at the differences between the short run and the long run in macroeconomics. Explain how might knowing this affect you as the manager of a large firm.
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