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Suppose that total employment in the U.S. economy increased from 143,000,000 to 145,500,000 from last year. At the same time, the number of unemployed dropped from 11,000,000 to 8,700,000. Also suppose that the working age population increased from 245,000,000 to 248,000,000
1. What is the size of the labor force?
2. What is the unemployment rate? (Show work)
3. What was the labor force participation rate last year versus this year?
Three fans are to be installed at a mine site; one immediately at a price of $260,000, one in five years at an estimated cost of $310,000 and the third in eight years at a cost of $480,000. Find out the total expenditure as a present value if the ..
Use a production possibilities frontier graph to illustrate the trade-off to an economy between producing consumption goods and producing capital goods.
expanding operations requires research and planning this is especially true when dealing with crossing borders to other
Private and Public Goods) Distinguish among private goods, natural monopolies, open-access goods, and public goods. Provide examples of each. a. What is the external cost per unit of production
Assume that a profit-maximizing monopolist currently produces and sells 100 units of good X at a price of $10 per unit. If average total cost and marginal cost are constant at $5 per unit, which of the following government policies will most likel..
The underlying trend of growth in the economy is determined by the growth in the number of workers, the growth in the savings and investment rate.
a firm has 2000000 in sales a lerner index of 0.56 and a marginal cost of 35 and competes against 900 other firms in
why do keynesian economists believe market forces do not automatically adjust for unemployment and inflation? what is
You will write a one-to-two page paper about your specific chosen topic. Discuss at least four points that are important considerations for the topic you chose and include 2 or 3 sentences discussing why each point is important to consider as a busin..
what is the consumer expenditure survey ce? how has the survey behaved since the year 2000? what have been the causes
assume that the federal reserve the fed unexpectedly shifts to restrictive monetary policy. why would the fed make such
you are the administrator for a medical practice. assume all of your practices patients are covered by insurance.
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