Question: Jared Bernstein, an economist at the Center on Budget and Policy Priorities, has stated: "I want to see receipt of unemployment insurance go up in recessions." If government unemployment insurance payments didn ...
|
Question: Suppose that a student would go to 1 Blue Jays game if the price were $120, 2 Blue Jays games if the price were $80, 3 Blue Jays games if the price were $50, and 4 Blue Jays games if the price were $20. What is ...
|
Question: Please answer in 7-8 sentances: "Future historians may well write the epitaph of our civilization as follows: From command and tradition came stagnation and stability From liberty and science came rapid growth ...
|
Question: A firm uses two inputs in production: capital and labor. In the short run, the firm cannot adjust the amount of capital it is using, but it can adjust the size of its workforce. What happens to the firm's avera ...
|
Question: Suppose a plague causes a one-time reduction in an economy's labor force; immediately afterward the economy returns to its pre-plague labor-force growth rate. Suppose further that the economy was on its balance ...
|
Question: Danny "Dimes" Donahue is a neighborhood's 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he bakes himself. At a price of $2.5 each, he sells 250. At a price of $2 each, he se ...
|
Question: Use a Linear graph (graph may be hand drawn) to show the relationship between any two of the variables you identified in (2). Explain the relationship between the variables demonstrating your understanding of L ...
|
Question: If a Canadian tourist drinks German beer in a Cleveland restaurant, how will the U.S. Gross National Product (GNP) be affected if the Cleveland restaurant is owned by a Swiss corporation? How will the U.S. Gros ...
|
Question: Why do prices in monopolistic competitive markets remain above the prices that would exist in perfectly competitive markets even in the long run after entry has eliminated above normal profits? The response mus ...
|
Question: Consider an economy described by the following: • autonomous consumption=C (bar) = 2.25 trillion • autonomous investments=I (bar) = 1.3 trillion • government purchases=G = 3.6 trillion • taxes=T = 3 trillion • ...
|
|