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Why do UN data confirm this prediction? Is the superior performance of China explicable on other competitive principles like the catch-up effect?
What are the pros and cons of alternative strategies to tackle a foreign market, such as the acquisition of a local firm, direct investment in production
Why does econometric analysis using data from controlled and mismanaged economies run the danger of misconstruing causality?
Why do planning and misgovemance obscure value added, national income, and the aessment of factor allocation! efficiency? Explain.
Question: Would a higher minimum wage help reduce poverty in the US?
How do you expect the replenishment cycle will affect GDP in the near future?
In your description, adress in detail the effect on interest rates, unemployment, consumption, investment, and net export spending
Canada, the United States and Mexico are clearly separate countries.
Detail how the federal reserve kept the US from sliding into a deeper recession after september 11, 2001.
Write down the consumption function (Hint: Make sure you use the appropriate numbers from the above table as the true representation of the observed data)
Consider the IS-LM-BP model of an open economy with sticky price levels in local currency, perfect asset substitutability, perfect capital mobility.
Employeement will rise - however what will happen if the market is characterized by sticky wages?
Provide a well-labeled diagram with your answer, and be sure to analyze the effect on the marginal expenditure curve
Two goals of monetary policy in the United States are price stability and full employment? Are these goals always consistent with each other?
How do we define the total value of economic output and how do we measure it?
Where does the opportunity cost enter the picture? Treat this question as a financial tradeoff: the lost interest vs. the gained rent
Question: Consider an economy with the following Cobb-Douglas production function:
Some economists did a study of the market for economists in Britain. They found that the quantity demanded was about 150 per year
a. Complete the table. b. If the wage rate is $5.00 per hour, how many workers should this firm hire to maximize profits? Why?
Add 2 additional columns to the table, and enter the marginal product and average product for each number of workers
Select Employment Situation Summary. What month (and year) is summarized? What was the unemployment rate for that month?
Why hasn't the Fed's policy been more effective over the last 2.5 years in restoring strong growth and full employment to the economy?
Question: How do labor unions alter a labor market? Papers should include a title page, writing, and a reference list.
What can you infer from this data about labor productivity growth in the US economy during the period March 2001-March 2002?
The ability for the economy to eliminate any imbalances between actual and potential output is sometimes called self-correction.