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When making a decision about what is the standard transportation for that product, I think about the value of the product.
Explain how foreign trade effect (also called the net export effect) could make the effects of an expansionary monetary policy (easy money policy) stronger.
How does Hollywood symbolize the "Americanization" of the globalization process?
Choose one microeconomic concept applied in your final project. Explain your findings and the implications to your chosen firm's sustainability.
How will the increase in unemployment benefits affect output and the price level in the short run and in the medium run?
What happens to output, the interest rate, and the price level in the medium run? What happens to consumption and investment in the medium run?
What is the value added at each stage of production? Using the value-added approach, what is GDP? What are the total wages and profits earned?
Okun's law stated that when output growth is higher than usual, the unemployment rate tends to fall. Explain why usual output growth is positive.
In percentage terms, how much of a quality increase does the new method represent over the old method?
By how much does measured GDP increase? Do you think the increase in measured GDP accurately reflects the effect on output of your decision to work? Explain.
Assume that the potato chip industry in the Northwest in 2011 was competitively structured. Compare the perfectly competitive outcome with the monopoly outcome.
What are the latest monthly data on the size of the U.S. civilian labor force, on the number of unemployed, and on the unemployment rate?
Compute the proportion of unemployed who have been unemployed six months or more (27 weeks or more) for each year between 1996 and 2010.
How would you measure the value of work at home in GDP? How would you alter the definitions of employment, unemployment, and out of the labor force?
What do your answers imply about the relative bargaining power of workers and firms when the unemployment rate is very low?
How do labor market conditions affect a worker's bargaining power? Which labor-market variable would you look at to assess labor-market conditions?
What is your own reservation wage? Explain your answers to parts (a) through (c) in terms of the efficiency wage theory.
How will the fall in consumer confidence affect consumption, investment, and private saving? Will the attempt to save more necessarily lead to more saving?
Suggest a policy mix to achieve each of the following objectives. Decrease the fiscal deficit while keeping Y constant. What happens to i? To investment?
Illustrate the effect of such a policy mix on output. How does this policy mix differ from the Clinton-Greenspan mix?
If a firm is considering using its own funds to finance investment projects, will higher interest rates discourage the firm from undertaking these projects?
How would you expect such a shift away from checkable deposits toward currency to affect the size of the money multiplier?
What is the demand for central bank money? What is the impact on the interest rate if central bank money is increased to $300 billion?
What is the amount of money this person holds, on average? Suppose now that with the advent of ATMs, this person withdraws money once every two days.
You learned that an increase in the interest rate makes bonds. How can an increase in the interest rate make bonds more attractive and reduce their price?