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The country of Examplestan has 100,000,000 citizens. 50,000,000 are adults who are employed or are actively seeking work. 2 million have been laid off due to recession 1 million have quit their jobs to look for work in cities with better climates 1.5 million have skills that do not match any jobs in their region. What is the natural rate of unemployment in Examplestan?
Find the Nash equilibrium of this Bertrand game and find the equilibrium output and profit for each firm.
How does a government budget deficit affect the economy? Identify two periods in recent history in which the United States has run budget deficits. What were the reasons for the deficits during those time periods?
The crop of hops in the Yakima Valley has been greatly affected by the recent forest fires in the state of Washington, and craft breweries in the Northwest turn to hops from Germany as a substitute for Washington hops. How would you illustrate this c..
q1. if the annual real interest rate on the loans is 6 explain how many car companies will buy a new car assembly
q1. according to okuns law if output grew 7 and full-employment output rose 5 what would be the change in the
q1. qd680-9p0.006m-4pr where m is income and pr is the cost of a related good. from this relationship it is apparent
A 10% increase in the slice of pizza causes a 10% drop in quantity of both pizza and beer. Describe elasticities and the nature of the two products
How is the effectiveness of team selling demonstrated by the Reynolds team, and what are some of the vantages to this method in this particular case?
Does the existence of “efficiency loss” associated with health care over-consumption mean that citizens are worse off with the government’s provision of this insurance?
Most industrial farms hire migrant workers, so the market for such workers is reasonably taken to be perfectly competitive. Suppose that all farms individually have a short-run elasticity of labor demand of –0.5. Explain why the reduction in employme..
You are given the following information about a monopsonist:
Suppose that the Canadian economy, on a fixed exchange rate, has a real growth rate of 2% and is in equilibrium with an inflation rate of 10% and risk premium of 1%. Suppose that changes in the US cause its real rate of interest to increase from 3% t..
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