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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?
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
What is Baumol''s Sales Revenue
What is the difference between an essential and adequate condition for growth? Essential and adequate conditions are helpful analytical and evaluative elements. As like exampl
Is Indian companies running a risk by not giving attention to cost cutting stion..
How can trade agreements assist development? A trade agreement is while two or more countries to by decrease or abolish tariffs, non-trade and quotas barriers which are establ
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What is the role of World Bank in the promotion of development? The World Bank was found to promote post-war reconstruction and flow of capital to progressing countries. Its o
what are the steps in location decision.
The end of fixed exchange rates
What is mean by stabilization policy? Taming the Business Cycle: To decrease the severity of recessions policy efforts undertaken are termed as stabilization policy. a
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