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Employment

Description of Current Market Conditions

Address the following topics in your analysis: 1. Introduction a. Market structure b. Impact of new companies entering the market c. Prices d. Technology - e. Productivity (consider the law of diminishing marginal productivity) - f. Cost structure 1) Wages and benefits 2) Fixed and v

ECON_Q1

See attachment ------------------------ 1. Microeconomics studies a. the aggregate effects of the decisions individuals, businesses, and governments make. b. the choices individuals and businesses make. c. changes in the cost of living. d. Canada's business cycle. e. all of the above 2. Economists agree that a. ov

Real Wage for Net Domestic Products

1. Describe the different phases of the business cycle, and outline how unemployment, inflation, and GDP growth will change in the different phases of the cycle. 2. a. If the CPI in 2005 is 134.5, and the CPI in 2006 is 140.5, what rate of inflation has occurred between 2005 and 2006? b. The survey of spending in At

Macroeconomics: Federal Economics

Earlier this year Congress passed a major fiscal package, which includes personal tax cuts and increases in transfer payments, incentives for business investment, federal grants for state and local governments to reduce their need to cut services or cancel building projects, and increases in federal purchases. Estimates are tha

Economics

When the economy is close to or at full employment why is it difficult for the Fed to decide whether or not to change its interest rate target in the federal funds market?

8 General Economics Questions

1. What is a government budget deficit? How does a federal budget deficit affect the economy? How does it affect the level of investment and interest rates? How does it affect the individual consumer? Give at least three examples in your response. 2. Are unions good or bad for the economy? How do unions at GM and Ford affect

Tightening of fiscal policy

Please help with the following problem regarding employment experiences. Provide at least 100 words. Using your own employment experiences (and be sure to identify the sector in question), how would you relate the hiring practices of that industry or industries to fluctuations in the business cycle? What impact does a tight

Optimal Choice of Output

Problems are attached as PDF file as well. Problems 1.The data in the following table give information about the price (in dollars) for which a firm can sell a unit of output and the total cost of production. a)Fill in the blanks in the table. b)Show what happens to the firm's output choice and profit if the price of

Equilibrium, Taxes, and Government spending

Suppose that the economy starts at equilibrium and the mpc = 0.75. What would be the effect of a $300 increase in government spending once all the rounds of the multiplier process are complete? To calculate the change in equilibrium output, the following expression could be used: Y = G (1/ 1-mpc) &#615

Aggregate Supply/Aggregate Demand diagram

This is an Aggregate Supply/Aggregate Demand diagram that shows an economy operating at an output level higher than full employment RGDP. How would it be changed to show what happens as an economy operates for a time at a level of actual unemployment that is lower than the unemployment level at potential (full employment) RG

the rate of labor productivity growth in the US economy

Between Dec. 2007 and Dec. 2008, measured RGDP in the economy fell by 1% as the US economy sank into a recession. Over that same time period total employment in terms of hours worked declined by 3.7% and the unemployment rate rose sharply from 4.6% to 7.2% What can you infer from this data about the rate of labor productivi

GDP

Why do economists attempting to forecast short run future changes in real GDP and employment look closely at data on business inventories and unfilled orders?What conclusion could be drawn if the volume of unfilled orders and average length of delivery times decreased while inventories increased dramatically?

Aggregate Supply

Explain why the Aggregate Supply curve becomes increasingly steeply sloped at levels of RGDP near "full employment" and becomes especially steeply sloped beyond "full employment" RGDP

Relation Between Fiscal and Monetary Policy

What's wrong with the following statement? Whenever fiscal policy makers increase the budget deficit, monetary policy makers should increase the money supply in order to maintain a low, stable rate of inflation.

Examples in Keynesian Economics

Dear OTA: Please help me complete this task. These are the questions I need answered but I sent an attachment through to that explains what I ultimately need done. Thank you so much!!!! ? Identify and describe the effect of changing the tax rate on disposable income and consumption, as well as the post-tax multiplier. You

National Economy, Circular Flow, and Economic Statistics

I would really appreciate help with the following multiple choice questions. 1. Which is true of leakages and injections in the circular flow? a. Leakages minus injections equal GDP. b. Injections minus leakages equal GDP. c. Leakages minus injections equal zero in equilibrium. d. Domes

Tracking the U.S. Economy

#2 National Income Accounting: Define gross domestic product. Determine whether each of the following would be included I the 2007 U.S. gross domestic product: a. Profits earned by Ford Motor Company in 2007 on automobile production in Ireland. b. Automobile parts manufactured in the United States in 2007 but not used until 20

Causes of the recent current account deficit in the USA

Please help with the following problem involving economics. In 200-300 words, answer the following questions about the current US economic situation - What has caused the current account deficit of the USA in recent history? - Why is this a serious problem? This is for a 400 level course so an intelligent thought out resp

Intermediate Microeconomics

1. In the context of a supply-demand diagram of the low-skill labour market, a minimum wage above the competitive equilibrium will reduce employment relative to the competitive equilibrium. Show that the total revenue earned by labour may nonetheless increase. Given such an increase, show that, if all workers have the same chan

Retirement plans

Need help in preparing a 1 page paper discussing the major retirement planning programs and how they work. Please include the reference material.Please do not copy the information word for word.

Economic profile of auto industry

I have a paper to write and I would like some input on each section. Please include references used. Write a 1,750- to 2,450-word paper in APA format that provides an economic profile of the automobile industry. In your paper, discuss how the following impact the industry. o Shifts and price elasticity of supply and demand

Some questions

Hi. Here are some questions I'd like to compare the answers with. 1. A company sells regulators to other manufacturers who then customize and distribute the products to quality assurance labs for their sensitive test equipment. The yearly volume of output is 15,000 units. The selling price and cost per unit are shown below

Lagrangian Multipliers

1. Fixed capital and labor expenses = 1.2million/year Variable expenses = 2,000/unit of output Demand: Q = 1000 - 0.1P A. Calculate profit-maximizing output, price, and profit levels B. Using the Lagrangian multiplier method, calculate profit maximizing output, price, and profit levels in light of a parts shortage that

developing economies

Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound of money supply, a low saving rate, poor capital base, and a lack of foreign exchange. How these problems are connected with each other?

Economic Theory

Post 200-300 word response: Since the September 11th attack there has been an increase in the demand for security personnel?police, air marshals, airport security, etc. How do you think the higher demand has affected the equilibrium wage? In which direction do you think the labor supply and demand shifted? Explain your reasoning

Labor Demand and Market Equilibrium

Using an appropriate diagram, show and explain briefly how a rise in the minimum wage could result in higher employment in a monopolistic labor market. Could a similar increase in employment accompany the rise in the minimum wage if the labor market is not monopolistic? Explain your reasoning.