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Suppose that the unemployment rate is 6.5% and current-dollar GDP is $1,45 billion. Using Okun’s Law, what would be the potential GDP number corresponding to a natural unemployment rate of 5.5%? What would be the dollar value of the recessionary gap
In providing assistance to the states like Washington has in the past attached strings which have dictated state legislation.
Illustrate what are the effects of the current tax policy on US businesses in the short-run and in the long-run.
Describe the reliability of the forecasts. Illustrate what do you tell him about these forecasts and their accuracy to help him make his decision.
Kate Austen must generate a sales predice to convince the loan officer at a local bank of the viability of Marina Del Rey, a trendy west coast restaurant.
A potential control for managing risk of employee fraud is to send employees on mandatory vacations. Describe the relation of that control with payroll function.
If the US population is growing at .88% per year, while GDP is growing at 2.5% per year, and if these growth rates remain constant for the next five years, what will be the population and GDP levels in five years? Please show your work.
Elucidate what should the US Congress also the Federal Reserve do about it?
Find out the profit maximizing level of price and output. Discuss an alternative regulatory regime, and discuss the merits of both.
Industry structure is often measured by computing the Four-Firm Concentration Ratio. Assume you have an industry with 20 firms and the CR is 30 percent. How would I describe this industry?
When manufacturer decrease price for goods and services, it increase customer’s surplus and everyone standard of living. Therefore, it behooves government to impose below market value ceiling on customers goods,
Assume that the Fed perceives inflation on the horizon and decides to pursue a contractionary monetary policy.
Some chains are requiring private owners or franchisees to make upgrades in their hotels, but they are having a difficult time enforcing the policy.
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