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Overall, as U.S. real GDP has grown since the last recession in 2008, the unemployment rate has come down from 10% to 5.1%. Nevertheless, throughout this macroeconomic expansion, the unemployment rate has occasionally increased, often during months when the economy has performed quite well. Why might the unemployment rate increase when the economy performs well? Please defend your reasoning.
Present in detail the following two theories/models associated with “post-Heckscher-Ohlin” trade theory. In the case of each theory/model, be sure to indicate important characteristics of real-world international trade that the theory/model is attemp..
Referring to the concept of entry barrier and explain dunning ideas on strength of multinational enterprise. How would an enterprise take advantage of different levels of innovation? (i.e., of major innovation vs minor innovation.
Write out the supply of loans formula and use it to show what will happen to the supply of loans if private saving rises, then complete this sentence: What effect will the change in part “a” have on the real interest rate? Draw a graph showing the lo..
Suppose that $2700 is set aside each year and invested in a savings account that pays 10% intrest per year, compounded continuously. Determine the accumulated savings in this account at the end of year 24
What is a production function Product. How are they related. Related to each or and to output Long- run. What are economies of scale.
which of the 3 determinants of macro performance (internal market forces, external shocks, and policy levers) would you consider the most important in terms of gauging the success/failure.
In a system in which there is an administered exchange rate, what is the term used when the government sets the rate higher to buy fewer units of foreign currency?
A small consulting company is planning to make deposits such that each one is 3% larger than the preceding one. What is the annual equivalent of this cash flow if the company makes 12 deposits and the interest rate is 8%? The first deposit is $7,000 ..
A bill was recently introduced in the US Congress to limit greenhouse gas emissions from electricity generation and require electricity producers to generate a minimum percentage of power using renewable fuels, with some emission rights to be auction..
The salvage value at the end of the useful life is 0$0.00 (zero) sing a straight line depreciation method and double declining balance find the depreciation at each year and the book value .
Five networks are vying to receive the pay-per-view broadcast rights to the World Series of Yahtzee. Each estimates that the inverse demand for watching this nail-biter of an event is given by P = 100 ? 0.01Q. Each can provide the broadcast at a cons..
It is frequently observed that when a city is located next to a major highway, gas stations located close to the highway charge higher prices than gas stations located farther away.
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