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Q. Some Keynesian economists criticize official unemployment statistics for understating extent of joblessness in United States. Which of following statements represent short comings of official unemployment rate reported by Bureau of Labour Statistics each month?
I. Discouraged workers are not considered unemployed.
II. People who work part time but want to be working full time are considered employed.
III. Retirees are not included in labour force.
Explain how many will be hired Daily Demand for Workers in a Purely Competitive Labor also Product Markets.
Compute the percentage that alter in quantity demanded of plane rides and train rides.
Would the employee be better or if, instead of the health insurance, she was given a £100 per week pay increase which would be taxed at 20%.
Explain how you were to learn that a bottle of Gatorade rise in size from 2009 to 2010, should that information affect your calculation of the inflation rate.
A persone has a choice between an apple or an orange. the persone chooses the apple. Elucidate what is the opportunity cost of choosing the apple.
Illustrate what relationship must hold between x and p so that A second order stochastically dominates B.
Someone proposes to buy the farm from you for $1 million. Would you make more by selling the farm or keeping it
Place the words "FOMC meeting 2009" in the search section of the site. Elucidate the consequences of such a decision on the economy.
If my preferences are such to I am indifferent among apples also mangoes but I prefer mangoes to cantaloupe then draw my highest indifference curve.
Using the specific-factors model, elucidate why you might expect to see certain capital owners and labor groups arguing against expanding trade in a capital-abundant country.
Discuss the current state of the Chilean economy by focusing on the recent past and macroeconomic characteristics
If he estimates that the industry supply function for computers in the town is P = 700 + .5Q, explain how many computers will be sold at equilibrium and at what price would the producers be selling.
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