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What was the result of the Kenedy tax cut of 1964? I believe it is that the unemployment rate decreased and the economic growth rate increased, yet I see sometimes where it states that unemployment increased
If prices rise, people’s income from selling goods increases. However, the growth of real GDP ignores this gain. Given this information, why do economists prefer real GDP as a measure of economic well-being?
What monetary policies do you think caused the crisis and what were the effects of the policies implemented in reaction to the crisis - Do you think the solutions worked in the short term? In the long term?
The following show data on investment rates and output per worker for two pairs of countries. For each country pair, calculate the ratio of GDP per worker in steady state that is predicted by the Solow model, assuming that all countries have the s..
1. corporate or organizational culture what is it? how would you describe corporate culture? is it a positive or
Describe the relationship between unemployment and real and nominal wages. Which is more important and why What effects would either an increase or decrease in unemployment have on wages
Widgets R Us, which is a price-taking firm, is currently producing 250 units of output. The market price is $3 per unit, the marginal cost of the 250th unit is $2.75, average total cost is $3.50 per unit, and average variable cost is $2.50 per unit.?
Use both an individual's indifference curve and budget line, and the aggregate labor supply curve to explain and illustrate your answer.
A university is an M-form organization; its president administers schools, for example, a college of business and a college of liberal arts. The college of business each of these in turn has a dean who is responsible for faculty departments such a..
In the case of a firm’s long run average total cost curve: 1) identify the INdependent and DEpendent variables and 2) describe the behavior of costs per unit in its downward-sloping segment.
1. change in quantity of hybrids divided by change in in price of gas 0.25 and change in quantity of suvs divided
A sharp decrease in housing prices makes people much less wealthy. If the primary effect of this decreased wealth is felt on labor supply, what happens to the level of employment and the real wage rate if the labor supply function is positively relat..
If a series of tornados damages factories and infrastructure in the industrial regions of the United State, a short term consequence is that
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