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Suppose that the adult population is 152 million, the number of unemployed is 19 million and the labor force participation rate 63%. What is the unemployment rate?
q.assume that two firms compete in quantities cournot in a market in which demand is described by p 260 - 2q. every
Suppose the price is currently $2. Illustrate what problem exists in the economy. What would you expect to happen to price.
The value of cross price elasticity of demand between goods A and B is 0.75, while the cross price elasticity of demand between goods A and C is -1.38. Characterize A & B and A & C as substitutes or complements. Explain why this is the case.
World Trade Center and Pentagon affected short and/or long-term productivity in United States. Elucidate your response and show any movements in PPF.
Among which of the following U.S. policies and institutions may negatively influence U.S. long-run economic growth.
Describe the effect of each of the following events on the demand or supply of gasoline in the USA. Further indicate the likely direction in the amount of gasoline exchanged AND the expected market price.
q.a particular firm began very small. they found that getting larger was painful - it involved a lot of new
Home has 3,600 units of labor available. It can produce two goods, shirts and pants. The unit labor requirement in shirt production is 4, while in pants production it is 6. There is another country, Foreign, with a labor force of 2,400. Foreign’s uni..
Elucidate the multiplier concept as it applies in this case. Illustrate what are the qualifications and limitations of the multiplier model.
Elucidate how important is a rapidly expanding domestic market in Alibaba.com's strategic assessment
Elucidate the dynamics through which an increase in the stock of money affects real output and the price level in the short run.
Explain the concept of more is better satisfied for both goods. Elucidate as C increases the MUC increase, decrease or remain constant.
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