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What are 3 reasons why economists have been able to justify the claim that the period from December 2007 to June 2009 represented the worst economic downturn since the Great Depression?
EPA issued 30 tons of permits to two different utilities. If the utilities had been truthful about what it cost them to mitigate a ton of pollution and EPA had been able to make the marginal benefits and marginal cost equal (balanced). what would the..
Illustrate what new decisions will you make regarding production levels also pricing for your Widget facility.
Consider an economy in which people wish to hold bank checking deposits worth a total of 5 million goods and currency worth 2 million goods in every period. In addition there is a stock of un intermediated capital worth 10 million goods. Find the tot..
Compare the unemployment rate in the state of New Jersey to the national average of the past four years. Compare the trends in relation to the types of unemployed workers in the state of New Jersey. Compare the trends in relation to the types of unem..
Share markets all over the world often increase or decrease together. What does a rise in the stock market indicate to you about the level of current and expected growth in the world economy?
Which of the following payment plans does NOT give an incentive to a manager to stop shirking?
The purpose of this assessment is to review a few scenarios and identify the type of unemployment applicable in each scenario. Discuss what type of unemployment qualifies each scenario. Based on your responses, discuss why the other types of unemploy..
In your own words, summarize the article, "Tourism Investment Monitor," by Tourism Research Australia, May 2015. In particular, what are the main messages of the article? Use appropriate diagrams to answer: Do you think increasing investment in Au..
Need help with the paper on federal reserve system and its monetary policy tools. Also discuss the influence of federal funds on major economic indicators like inflation
Consider the market for aluminum. The Aluminum Company of America (Alcoa) used to control all U.S. sources of bauxite, a key ingredient in the production of aluminum. Given that Alcoa did not sell bauxite to any other companies, Alcoa was a monopolis..
The 1990s boom was followed by a recession in 2001. The Fed responded by using the tools of monetary policy. Identify two different monetary policy tools (or “mechanisms”) that the Fed might have used and explain how they work.
For each of the following utility functions, calculate (or figure out) the MRS and sketch out an indifference curve for U=4, plotting at least 2 points on each curve, and explain whether the preferences violate the diminishing MRS or convexity of ind..
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