Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Macroeconomics Expert

Q1. A substantial number of relatively unskillful persons reported that they can’t find work. At similar time, there are numerous unfilled jobs for relatively skilled people. Apparently, the problem is that there are more unskillful people than unskilled jobs. What is wrong with the reasoning?

Q2. In detail analyze the given statements:

a) The price of cheese falls associative to the price of milk. What is implied regarding the rate of interest? describe why?

b) Generally there are cheaper prices for matinee performances than the evening performances. describe why?

c) Allowing the price of goods to increase in period when none of the good is being produced is immoral, as the higher prices don’t induce a larger output. They merely give unwarranted profits to those who are lucky adequate to own the goods. Either prices must be prevented from rising, or the government must take over ownership in order to prevent unjust enrichment. Assess this statement by using economic analysis.

d) Give the definition of the interest rates.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M910155

Have any Question? 


Related Questions in Macroeconomics

Consider a labour market without any government subsidy and

Consider a labour market without any government subsidy and where the market wage is equal to w and all workers are endowed with the same total amount of time T. a) The government, in an attempt to encourage labor supply ...

Analysis of monetary policyhow supply of money influences

Analysis of Monetary Policy How supply of money influences interest rates (p. 366-67). II. Quantity of Money that People Desire to Hold Give factors that have an influence - there are three of them (pp. 364-5) III. Tools ...

1 think about individual family members friends and

1. Think about individual family members, friends, and acquaintances. On paper, have them identify the people who act as opinion leaders, product innovators, and market mavens. Describe what each person does. Have a few ...

One paragraph in economicsthis chapter discussed in detail

One paragraph in Economics This chapter discussed, in detail, the "how" of national income accounting. Yet clearly not "everything" is counted. In 2008/2009, the United States was in a recession, and reported GDP was shr ...

Establishing a proprietary standard as the industry

Establishing a proprietary standard as the industry standard may require a company to win a format war against a competing and incompatible standard. Strategies for doing this include producing complementary products, le ...

Macroeconomics is designed to help us better comprehend the

Macroeconomics is designed to help us better comprehend the full nature of the economy on a national scale and how the government is involved (D.Andolfatto, 2008).  Two macroeconomic variables that would affect the busin ...

Your group is working for a global organization that

Your group is working for a global organization that handles highly classified intellectual property. In many situations and scenarios, the implementation and operations teams have been creating and setting up environmen ...

Suppose the economy was at equilibrium before the start of

Suppose the economy was at equilibrium before the start of the recession. Show this using the IS-LM, Keynesian cross, AD-SRAS-LRAS and money market spaces.

Suppose that the market for corn is perfectly competitive

Suppose that the market for corn is perfectly competitive. If corn farmers are currently generating losses, then we would expect that in the long run the market? supply curve will shift to the left. supply curve will shi ...

Assume canada is a small open economy that imports some of

Assume Canada is a small open economy that imports some of the grapes it consumes. a) Draw a diagram showing the equilibrium under free trade in grapes b) Show the effects of a $1 per kg tariff on imported grapes. Show t ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen