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There is some criticism that the official unemployment statistics understate the extent of joblessness in the United States. Which of the following statements represent shortcomings of the official unemployment rate reported by the Bureau of Labor Statistics each month?
I. Discouraged employees are not considered unemployed.
II. People who work part time but want to be working full time are considered employed.
III. The unemployment rate does not take the duration of unemployment into account.
IV. Retirees are not included in the labor force.
Illustrate which currently operates out of an office in a small town near Boston, just discovered a vacancy in an office building in downtown Boston
Illustrate what factors might explain why the $A went so low when the Global financial crisis hit the world economy in late 2008?
If he is an expected utility maximize who tries to maximize the expected value of ln W, where ln W is the natural log of his wealth, Explain how many coupons would it is rational for him to buy.
Michael spends $10 a month on both Pez dispensers and Superman action. His marginal-utility-to-price ratio for the Pez dispensers is 40.
a researcher reported that he had found the demand curve for kerosene to be upward sloping.-as the price of kerosene rose the quantity demanded of kerosene increased. Illustrate what questions might you have for this researcher.
Business firms become pessimistic about their future earning capacity as do banks. Nominal interest rates fall during recession.
Construct a response to the Federal Reserve actions aimed at lowering long-term interest rates
illustrate what happens to economic output and inflation and explain why these changes take place.
sofa manufacturer presently is using 50 workers also 30 machines to produce 5,000 sofas a day.
Laptops have also become easier also cheaper to produce as latest technology has come online.
Elucidate what impact will this change have on the price level, output, and employment in the short run in the United States.
Prepare a recommendation for each company. Should your recommendations be the same for both companies
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