Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
What would have been the likely outcome had the government not intervened to help with key economic issues of the companies please do a detail analysis. Also please list references.
John Maynard Keynes highlighted a shortcoming of the Fisherian quantity theory equation. He claimed that real output (Y) could not stay constant when the money supply is increased because of which c
The Federal Reserve System (aka, the Fed) has a large measure of political independence. The Board of Governors, appointed by the US president and confirms by the US Senate, serve 14 year terms. In
How does an occurrence of inflation lead to redistribution of resources within an economy?
Why does the presence of externalities not reflect society's costs and benefits in the market? Why are markets considered to fail the appropriate allocation of resources that are needed in the marke
What is the logic of a firm setting and exercising the application of a mandatory retirement age? What are the pros and cons of the mandatory retirement practice from the perspective of the firm/org
1) Given the above, what would you predict about the overall direction of the economy? 2) Describe the appropriate discretionary fiscal policy that the government should adopt, given the above situati
Suppose the economy of Slovakia begins to grow, incomes rise, and the price of a loaf of bread is pushed up to 20 koruna. Assuming no increase in the price of labor, how many workers will the bakery
How does the unemployment rate in May compare to the estimated natural unemployment rate? What does this imply about the relationship between real GDP and potential GDP at this time?
Is this criticism a function of large CEO salaries or is something else driving these attacks?
What would be the urban traditional sector daily income have to be to induce no net rural urban migration? If wages in all sectors are inflexible, what else adjusts in this model to lead the equilib
Task: Explain how each of the following changes would shift the aggregate demand curve.
Suppose that buyers desire to purchase $200 billion of extra real output at each price level. Sketch in the new aggregate demand curve as AD1. What is the new equilibrium price level and level of re
a. Calculate the marginal revenue product at each level of labor input if output sells for $4 per unit. b. If the wage rate is $15 per hour, how much labor will be hired?
Please provide some information on unions from the employee's perspective. 1. What are some advantages of a unionized organization?
What are the effects of innovation and technology on the cost of production? How does technology affect market structure and real-world competition? Which market structure is best suited for technol
Why would you expect the inflation rate to accelerate if the actual unemployment rate declined to a level lower than the "full employment" unemployment rate (NAIRU)? Explain your answer in a few sen
Question: Under what elasticity conditions would the following be true: "Increasing the minimum wage will result in a decrease in employment for workers who now earn less than the new minimum wage"?
Household data, seasonally adjusted." What interests or surprises you about the summary table? How does that rate compare with the rate in the previous month or quarter? Discuss the differences in u
Go to the National Bureau of Economic Research website, "Business Cycle Expansions and Contractions." From the data given in the table, 1) Describe the business cycles for the period of March 1991 t
What is the labor force participation rate? What was the labor force participation rate in 2008? How has it changed since 2008 and what does this change imply for the state of the economy? Does the
I want an understanding of the following statements: Statement 1. Is it true during times of high unemployment trade restrictions should be imposed to protect domestic employment?
When government policies change or unplanned events occur, the resulting economic events or activity will usually change. Listed below are several policies or events that affect the performance of
Explain the differences between the long run and short run aggregate supply curves. Consider these differences and explain how an expansionary gap occurs.
How are the investors in Brazil likely to react if they come to expect that the Brazilian Government may not be able to pay its foreign-currency-denominated debt?