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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)?
Greater wealth makes __________ people willing to spend the national income, causing __________ the economy's AD curve.
How would each of the following changes in assumptions affect your average monthly balance? Be specific with your answers. You are paid $500 twice monthly (1st and 15th) rather than $1,000 each month.
1) Draw the lorenz curve for this case (This is the part I did) 2) Calculate the Gini coefficient
Calculate the rate of change in the cost of living for the consumer using the A. laspeyeres Index (cpi) B. paasche index (gdp deflator) C. true index (ideal index)
What problems arise in determining whether an equal income distribution is fair or not? What is the difference between income and wealth?
Problem: Assume that a pure monopolist and a purely competitive firm have the same unit costs. Contrast the two firms in the long run equilibrium with respect to the following:
1. What is the firm's sustainable growth rate? 2. If the firm grows at its sustainable growth rate, how much debt will be issued next year?
Assume there was no beginning inventory. Calculate the value of ending inventory for both companies and the cost of goods sold for both companies.
Outdoor Sports Company, with its main office in Iowa, is considering opening a branch office in Los Angeles. Under normal economic conditions, which have a 45% chance of occurring, Outdoor can expec
The stockholders' equity portion of the balance sheet of Rollover Tire Company is as shown: The current market value of Rollover stock is $20 per share. Show what the balance sheet would look like i
The marginal propensity to consume is 0.8 and autonomous expenditures have just increased by $122. Equilibrium income will drop by $488.
Consider two equally risky shares, Hi and Lo. Hi shares pay a generous dividend and offer low expected capital gains. Lo shares pay low dividends and offer high expected capital gains.
Ricardo believed that the goal of economic analysis was to understand the distribution of income between the three major classes: capitalists, workers, and landowners.
Calculate the internal rate of return of each investment. On the basis of this method, which investment should Get Rich select?
From a labor perspective, there has always been a clear distinction of the classes (high class, middle class and working class). Currently, what is the trend for the American work force of the follo