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Is all unemployment "bad?" describe. What types of unemployment might actually be "good" or necessary? Is it possible for the number of employed workers to increase while the unemployment rate rises? describe.
Microeconomics, Economics
Question: Analyze the nominal and real concepts, and apply these concepts to Gross Domestic Product (GDP). Determine the elements that affect the reporting of the GDP. Compare and contrast the reporting of GDP in nominal ...
Question: Write a short essay of about 750 words each on the following topics: 1. What are the common defenses of protectionism? Evaluate them. 2. Explain Coase Theorem and show how it works with examples. 3. How does Ma ...
Suppose that demand and supply schedules are given by: Price Quantity Dem Quantity Supp $ 0 21 0 $1 18 4 $2 15 8 $3 12 12 $4 9 16 $5 6 20 $6 3 24 $7 0 28 At a price of $4, there would be a ____________ of the good. A. s ...
Question: In 1961, Charles de Gaulle decided he did not want the French franc to be considered as a second-rate currency, so he chopped two zeros off the value of the franc, which meant the exchange rate was approximatel ...
Question: 2a) Suppose that a restaurant offering Ethiopian cuisine opened in Cambridge Ma. and became a great success. What would you predict would happen in the greater Boston restaurant market? 2b) Draw a graph illustr ...
Question: Find the errors was happened by public administrators The state government sold the city harbor 350 acres in 650.000 $ to the city, immediately, the city manager of city X designed an economic development packa ...
Question: Suppose the government imposes a payroll tax of $1 per hour of work and collects the tax from employers. Use a graph for the market for labor to show the effect of the payroll tax, assuming the special case of ...
Question: This problem set considers some of the empirical issues involved in implementing a comparable worth policy (a policy that assigns equal wages to jobs that are judged to be "comparable"). Economists typically do ...
Question: A friend convinces you that she has a great idea for a business, and the two of you incorporate. You supply her with funds and let her make all of the executive decisions. Under the agreement you hold 30 percen ...
Question: A car manufacturer is considering how many safety devices to install on a new car. The devices function independently and each one works with probability .9. Furthermore, they are connected "in parallel" so tha ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
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Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As