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a) Many are concerned that the U.S. go directly from a period of high cyclical unemployment to a period of high structural unemployment. Should an unemployed person care which label an economist applies or is out of work is just out of work?
b) In terms of economic health, what do you think is more telling, the trend in job damage or the trend in job creation? If you could only see one of these series before making a guess on the economic health of a nation, which would you want to see? Why?
Explain about the influence of warranty and political pressure in IS project. Warranty: When a system is being developed under contract, this frequently carries a warranty
how managerial economics is applied in a firm?
Problem: (a) Companies A and B differ only in their capital structure. A is financed by 30 percent debt and 70 percent equity; B is financed 10 percent debt and 90 percent eq
Why does economic development engage structural change? The process of development needs structural change. Usually economies develop by moving resources through agricultural
What are the characteristics of growth in developed countries? Simon Kuznets specified some characteristics for all DCs (developed countries) as illustrated below: • Gross
the basic assumption of the static model
Comparing Production Possibilities Curves
Question 1: The triple concepts- globalisation, good governance and democracy- have largely dominated international discourse since a long time. (a) Briefly explain the ter
explain total productivity
Question 1: a) Explain, with the use of examples, what is meant by the ‘Factor Endowment Theory'. b) According to you, can the ‘Factor Endowment Theory' be a reasonable e
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