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Would you give an example of how a macroeconomic phenomenon has impacted a personal or business decision of yours?
Research and define the terms below and summarize how each relates to health care. I have the definitions but i am unsure how they relate to health care.
What good is economic theory if it cannot predict an individual's behavior? give examples of the use of economic theory.
You are the adviser to a Benevolent Social Planner. GDP is falling and the economy is in a recession.
What would happen to the U.S. trade deficit and to the U.S. exchange rate if Japan ran an expansionary monetary policy?
Distinguish between two sources of inflation. Explain why steady inflation is likely to be less harmful to an economy than a situation
Use the insights of the classical and Keynesian views of wages and unemployment to explain the differences in unemployment rates
Which country has a comparative advantage in technology and by what amount.
Explain the difference between the government purchases multiplier and the net tax multiplier. If the MPC falls, what happens to the tax multiplier?
Question: Who has the responsibility to reduce or eliminate unemployment? What is the role of business? What is the role of government?
What will be the free market wage rate and employment level? Suppose the government sets a $5.00 per hour minimum wage. What will be the employment level?
Contrast and discuss capitalism's and socialism's solutions to the three economic problems (what, how & for whom to produce).
Which of the following is a factor that determine the amount of dollars supplied in the foreign exchange market?
Find the interest rate that is consistent with equilibrium in the goods market.
How is the procyclical behavior of average labor productivity related to Okun's Law?
In each of the following scenarios, predict what will happen to: 1) Employment, 2) real wages, 3) output, 4) the interest rate, and 5) the price level
How would this policy affect the real output and the price level in the short run if the economy is:
Contrast the structural-change and managerial-opposition hypothesis as they relate to the decline in unionism. Which view do you think is more convincing?
What are consumption and saving in each period, assuming no borrowing constraints?
Find the expected future marginal product of capital (in terms of dollars) for each level of capita.
Use the marginal productivity theory of labor demand to predict the impact on the firm's employment level of the following events.
Issue One: How does government spending affect the economy? Issue Two: Which taxes hurt the economy the most.
Please explain the liquidity trap is presently stopping the Japanese economy from recovering.
Using Human Capital theory (Becker, others), explain the relationship between skill and unemployment.
What are some predictions of possible outcomes for the federal budget categories, the economy and the relative importance