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Has the time come for government to abolish rent controls and the minimum wage? What do you think? Do both rent controls and minimum wage laws achieve their intended purposes? Provide two examples.
Question: What is the labor-force participation rate in Arbitland? Question: What is the unemployment rate in Arbitland?
With lower prices for gasoline than a couple of years ago will Americans start spending again? If they do, what will they spend the savings on? Vacations? Some other expenses?
(1) In terms of supply and demand analysis, what are some factors that could have caused the hypothesized fall in wages from W0 to W1 for this organization.
If Fed wants to keep real GDP at its potential level in 2011 should it use expansionary policy or a contractionary policy? Should Fed NY sell or buy T' bills? How about Fed Dallas
Refer to the data in the above Scenario. What is the size of the labor force in the United States for the given year?
This problem involves analyzing several indicators of the macroeconomic conditions in an economy, which includes interest rate, income, CPI, inventory levels, wage, consumer confidence and unemploym
A manufacture is considering outsourcing their product to China, where the costs to produce the product are considerably cheaper (even when factoring in transportation costs).
Question 1: Is MTA a monopolist in New York City? Do you think MTA possesses a high degree of market power?
What do you consider to be the biggest current market failure in the U.S. economy? Why? How should the failure be addressed? Consider costs and benefits.
Problem: What would be the impact of raising the federal minimum wage on a firm?
Assume the following data for a country: total population, 500; population under 16 years of age are institutionalized, 120; not in labor force, 150; unemployed, 23, part-time workers looking for fu
Do you think an athlete, having no formal education or no apparent skills training, should earn $1 million plus annually for athletics?
Which of these are serious concerns for an economy? What type of unemployment is caused by the recession?
Small mistakes are the stepping stones to large failures. Please elucidate and provide an example of a seemingly small mistake with large consequences relevant to finance and economics.
I am having a very difficult time discussing whether the internet could completely eliminate frictional unemployment? Also, why is unemployment necessary for the economy?
When households become concerned with their future savings and attempt to increase their savings, how does this effect the overall economy? What is the Paradox of Thrift?
Problem 1) Is it true the USA may be moving into a period of stagflation? Problem 2) Is it false in the equation C + I + G + NX = GDP that the most volatile component is C?
The US Congress passed a stimulus bill in Feb. 2009. What was the justification for doing so? Given the magnitude of the stimulus amount, do you suppose it has achieved its intended outcomes? Explai
What are the three types of unemployment? Unemployment is seen by some as undesirable. Are all three types of unemployment undesirable? Could the advent of the Internet completely eliminate friction
The consumer price index is 125 in year 1 and 160 in year 2. All inflation is anticipated. If the Commerce Bank of Beverly Hills charges an interest rate of 35 percent in year 2, what is the bank&rs
What is the signifigance (pros/cons) - to the State and the local governments - when the State has low State borrowing but the local government debt is high (ie California, North Carolina)?
Visit the U.S. Census Bureau website at www.census.vov/hhes/income/midclass/index.html and select Data Highlights. Since 1969, how has the share of aggregate household income received by the lowest
Problem: What is a good rational, financial case for investment in HP?
Problem: What is the difference between gross domestic product (GDP) and gross national product (GNP)?