Suppose that you are the head of a government agency that oversees re-training programs for the unemployed. a) Discuss whether the service that your agency delivers is a public or private good. b) Will the private market of demand and supply for labor [as measured by the unemployment rate] lead to an efficient outcome? W
How can fluctuations in the business cycle affect an organization? What is an example of how the US government has invested in human capital? How can that investment make an organization more productive?
If the government increased its expenditures and reduced taxes, how would this policy affect the real output and the price level in the short run if the economy is: 1. experiencing 20% unemployment rate 2. experiencing mild recession 3. at the real output level
If the required reserve ratio is 10%, banks keep 2% excess reserves, and the public keeps a 10% cash to deposit ratio, what is the money multiplier? a) 10 b) 20 c) 5 d) 0.22 e) none of the above The increased use of credit/debit cards for transactions will cause the money multiplier to a) increase b) decreas
Discuss the current data of the U.S. economy. 5 References. Five Forces (Porter)
I would like to have your point of view on this problem. There is no right or wrong answer and I know that people will answer differently. I myself am leaning towards Chan's argument. Please let me know what you think, and please defend your answer. You can choose to agree with Cheung!!! It would be interesting to see what other
Assume that the economy is already in a recession, and both the President and Congress have decided to do something to restore the economy. Both agree that lowering taxes would not be a good idea, but do believe that it is in the best interest of the economy to increase government spending in defense, education & infrastructure.
Why is uncertainty a key to the success of entry deterrence?
What examples can you think of where different cultures exhibit differences in how they view or use economics?
I need help finding 1 more story from a newspaper or the Website http://www.economist.com about the economy that have been in the news lately. For each story, identify 1 or more of the Ten Principles of Economics that are relevant, and explain how it is relevant. The Ten Principles of Economics are: People Face Tradeoffs
Use graphical analysis to show the gains and losses resulting from the migration of population from a low-income country to a high-income country. Explain how your conclusions are affected by (a) unemployment, (21) remittances to the home country, (c) backflows of migrants to their home country, and (d) the personal characterist
What are economic decisions made in tradition, command and market economies and what are the pros and cons of each? Do any of these systems completely solve all economic problems? What kid of economic system does Canada have? Why are the words economies gravitating towards market systems?
Which of the following categories fall under microeconomics, macroeconomis and other topics? The change in price of consumer goods: The government budget deficit A decrease in canada's exports A rise in profits in the steel industry A suffering of the unemployed A quebec election A change in the price of a t
What does a contractionary gap imply about the actual rate of unemployment relative to the natural rate? What does it imply about the actual price level relative to the expected price level? What must happen to real and nominal wages in order to close a contractionary gap?
In the country of Leducistan, a mass migration of refugees found solace within its borders and all of them sought work. What will happen to the country's unemployment rate and labor force participation rates?
A 30 year worker and a 60 year old are identical in terms of skill, search costs and the wage offer distribution they face. (i) Explain why these workers will have different asking wages. (ii) Why would search theory explain the differences in their unemployment rate?
The following demand function demand function has been estimated for Fantasy pinball machines: QD = 3,500 - 40P + 17.5Px + 670U + .0090A + 6,500N where P = monthly rental price of Fantasy pinball machines Px = monthly rental price of Old Chicago pinball machines (their largest competitor) U = current unemployment rate
Here is a scenario below how would you practice Implementing and Evaluating only This is what I have figured - I have to increase output by 100%. There is not a lot of information here, but here are a few indicators. Most of the employees are in manufacturing (65). The diversity of the workers does not match the market.
Discuss the differences between microeconomics and macroeconomics.
If the economy is at the natural rate of unemployment but those who favor an active approach to policy think the natural rate is lower, they will try to shift a. the short-run aggregate supply curve rightward b. the aggregate demand curve rightward c. the short-run aggregate supply curve leftward d. the aggregate demand curv
Schiller Text, 10th edition The economy today bradley r schiller 10/e Chapter 5 - page 112 1. The manuscript for this text was typed by a friend. Had I hired a secretary to do the same job, GDP would have been higher, even though the amount of output would have been identical. Why is this? Does this make sense? 2. GDP
Suppose that a nation has a labor force of 100 people. In January, Amy, Barbara, Carine, and Denise are unemployed: in February, those four find jobs, but Evan, Francesco, George, and Horatio become unemployed. Suppose further that every month, the previous four who were unemployed find jobs and four different people become unem
I have marked (at the end of the Question) what I believe to be the correct answers. I just need some justification and reasons if I am wrong and answers for the NOT SURE questions: 1. What is the most important characteristic of oligopoly? ??Not Sure a. firms have market power b. product differentiation
Some quick thoughts on the following statement: Minimum wage increases unemployment among young workers and unskilled workers.
If monetary and fiscal policy have fairly long lag times, how can they be effective ways to neutralize the economy?
How does deflation further accelerate recessionary spirals and become the worst possible nightmare, and why are government deficits the best response?
If Real GDP is less than Natural Real GDP, the economy is in____________. a. an inflationary gap b. a recessionary gap c. an unemployment gap d. a real gap
Solve the following problem by developing new policies, actions or solutions. Identify how we can pay for this solution to be implemented? New taxes? Cuts in present programs? Are there any changes in the present US constitution that might be neccesary to implement this solution? Problem: Sixty Percent of the youth between e
Which of the following would most likely increase the slope of the yield curve? a. An increase in the rate that prices are expected to increase over the next 30 years. b. A decrease in the risk-free interest rate. c. An increase in the risk-free interest rate, where the increase is the same amount for all maturity dates (e.g.
Category: Economics > Macroeconomics Subject: economic rationale and anlaysis Details: Write concise well-reasoned paragraphs using economic rationale and analysis: (a) Discuss two benefits to the New Zealand economy due to the export education industry. (One paragraph, max 100 words). (b) Discuss two factors impacti