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escribe what happens when firms and worker underestimate future prices in the economy? What happens to actual output as opposed to the expected potential output
What were the reasons for the 2008 global financial crisis? Please remember to include the URL of the article.
Your advisers have estimated its impact on the economy, in both the long and short runs. What questions should you ask yourself before committing to this course
i. What happens to real wages in the North and in the South? ii. What happens to the real return on capital in the North and in the South?
Compute the mean and media of wages in this sample. What are the wages at the 10th and 90th percentiles in this sample?
Problem: We studied three measures of wage dispersion and two measures of wage asymmetry in the chapter. What are they?
Discuss a policy or regulation that interests you and provide evidence of or potential for expected or unexpected costs in one of the 4 key areas.
What should we do about the public debt? In this week's lecture and readings, we cover how the public debt was defined and why it has been growing.
What would be the net economic impact on your community if everyone had an extra $1000 per month?
How does the U.S. government officially measure employment and unemployment in the economy?
Calculate the change in output (AY) from the increase in government spending (AG). Why is a balanced budget amendment problematic or undesirable?
Obtain the profit curve, expressed in USD/barrel, based on the cost of the underlying, considering the views of the buyer and the seller.
From this, you can deduce that Sharon's opportunity cost of attending class today is??
Problem: What is theoretical model between Exchange rate, FDI and Exports? What is rational of this model?
Calculate the: a) Unemployment rate b) Labour force participation rate c) Employment
Problem: What is official Unemployment rate and that is the formula to come by the official Unemployment rate.
In 2010 USA had 100 people and RGDP was $100. In 2011, USA had 103 people and RGDP was $102. What is the growth rate of RGDP Per person?
buying gold or some other commodity that will increase with inflation. a. Explain what happens immediately to Turkey's M1 money supply.
What are two assumptions that a production function must satisfy? In equilibrium, the marginal product of labor equals and the marginal product of capital equal
Which curve would shift predominantly, the aggregate demand curve or the aggregate supply curve and in which direction?
Give some examples of price fixing, where a price is not allowed to adjust to a new equilibrium through the interaction of supply and demand?
Provide critical overview of the global ambient and situation related to the issues of delays in delivery of agreed quantities of grains
Question: Define the following concepts: Demand Schedules and Demand Curves
Discuss some of the applications of GDP which may be considered improper use or abuse of the concept.
How can a person benefit from having health insurance coverage if the premiums paid exceed the cost of the medical care received?