Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
Problem: During the deflationary Great Depression Keynes advanced the idea of a "liquidity trap." Please explain the liquidity trap is presently stopping the Japanese economy from recovering.
Unanticipated deflation redistributes income and wealth from borrowers to lenders.
Problem: Using Human Capital theory (Becker, others), explain the relationship between skill and unemployment.
Theoretically, the President of the United States is suggesting increased spending for a missile defense system. He is also proposing a major long-term tax cut.
Problem: Adverse selection in employment is more likely when: a. jobs require specific training. b. everyone is equally qualified for the job. c. people's abilities are easy to measure. d. people's ab
People of many different age groups and circumstances take advantage of part-time employment opportunities provided by the fast food industry.
Analyze the effects on wages and employment of such agreements. Also, indicate some of the reasons why they may be difficult to enforce.
Problem: Could a labor union or a minimum wage law efficiently help to raise wages, increase employment, or improve working conditions in a firm that is: A) A perfectly competitive firm in both the
Two principles of economics that help explain how wages are determined in a market economy are: 1-People Face Tradeoffs and 2-Governments Can Sometimes Improve Market Outcomes
Include in your paper an industry overview. Also address the impact of real GDP, the unemployment rate, and the inflation rate as measured by the consumer price index (CPI). Also include three addit
What happens to the money supply, interest rates, and the economy in general if the Federal Reserve is a NET SELLER of government bonds?
What is the basic thrust of Keynesian demand-side policies? Why was economic policy based on Keynes' ideas effective in promoting prosperity in the 1960's? Why was this policy less effective in the
At each level of output calculate savings. At each level of output, calculate unplanned investment (inventory change). What is likely to happen to aggregate output if the economy were producing at e
Who is counted as employed or unemployed in the unemployment statistics? What groups in society are not represented at all in the unemployment statistics (i.e., who is not a part of the civilian lab
Suppose you anticipate that the “Bush tax cuts” on capital gains and income will be reversed next year (or, more accurately, be allowed to expire). You believe the higher capital gains t
What is the objective of the article? Please note that the article has to be relevant to microeconomics and the topics covered in this class.
Design an anti-recession stabilization policy, involving both fiscal and monetary policies which is consistent with:
1) Please describe the concepts of full employment, inflationary gaps, and recessionary gaps. 2) Please identify and describe the current level of unemployment in terms of current and potential GDP.
What is mean by "neutrality" or "superneutrality" of money? Give examples and discuss when they are likely.
Calculate the incremental profit Electron Control would earn by customizing its instruments and marketing directly to end users.
Using an appropriate diagram, show and explain briefly how a rise in the minimum wage could result in higher employment in a monopolistic labor market.
Define List the components of GDP in the output (expenditures) approach and in the income approach, NDP, NI, PI, and DI.
Generally accepted accounting principles (GAAP) assist the development of anagement accounting systems. Do you agree?
In the context of a supply-demand diagram of the low-skill labour market, a minimum wage above the competitive equilibrium will reduce employment relative to the competitive equilibrium.
National Income Accounting: Define gross domestic product. Determine whether each of the following would be included I the 2007 U.S. gross domestic product: