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Are unions good or bad forthe economy How do unions at GM and Ford affect employment levelsand wages How do unions affect other industries in terms ofemployment and wage levels
Why is the long-run aggregate supple curve vertical Explain the shape of the short run aggregate supply curve. Why is the short-run curve relatively flat to the left of the full-employment output a
What is a government budget deficit How does a federal budget deficit affect the economy Howdoes it affect the level of investment and interest rates How doesit affect the individual consumer
Describe the competitive environment within the industry. Is there a dominant firm? Are the other firms follow or actively compete? How do they compete? (For example, by using price, advertising, qual
Class, Hurricane Katrina's effect on the Gulf Coast was tragic for that area and for the entire United States of America. Many lives were lost and the true cost to society of the loss of human lives i
Suppose the government mandates that all companies over 50 employees must provide an increased level of health care benefits. explain what effect this will have on the aggregate supply curve.
For this part of the assignment, we will focus on the demand curve. Draw the demand curve for the A-Phone. Explain how the graph, price, and quantity demanded will change if the following oc
In the long run, inflationary andrecessionary gaps are self-correcting because, eventually. nominalwages rise and fall in order to close an inflationary or arecessionary gap thegovernment applies the
Discuss the process of natural selection as defined by Darwin. How did Darwin's theoriesdiffer from his predecessors In your opinion, have his theoriesproved to be correct Why and why not
describe the concept of investment spending, as wellas what will happen to the aggregate demand curve if investment spending is increased autonomously and provide an example ofspending that a macroe
In each of the following cases, either a recessionary orinflationary gap exists. Assume that the aggregate supply curve ishorizontal so that the change in real GDP arising from a shift ofthe aggrega
Acc to lot of theories when the interest rate rises, then the corporates stops taking the loan with which the liquidity in the mkt. decreases which increases the value of money and hence inflation w
1. There are only two polluting sources in the region, each of which generates 10 units of pollution for a total of 20 units released into the environment. The government determines that emissions mus
Suppose the government misjudges the natural rate of unemployment to be much lower than it actually is, and thus undertakes expansionary fiscal and monetary policies to try to achieve the lower rate
Monopolies and cartels are usually associated with economic inefficiencies and dead weight losses.
Please write a three paragraph summary due next week regarding either the documentary "Inside Job" or "Capitalism: A Love Story." Discuss the financial crisis and how the current state of capitalism i
One of the major problems facing Cisco Systems and other direct sellers is
The demand for money to cover unexpected expenditures and to meet emergencies is known as
As the flexible farmer approaches the marketplace, the farmer substitutes non-land inputs for land. As a result, the land-rent function of the flexible farmer is steeper than the land-rent function
1.Consider two metropolitan areas, one that has many small school districts and one that has only a few large school districts. In a paragraph, what are the efficiency and equity effects of introducin
If this firm was under perfect competition, what would be the efficient level of output in the long run?
Create graphs and tables to illustrate costs and revenues for firms in different market structures
Using equation y*=A(k*)^(1/3), the prediction of the Solow-Swan model, and assuming labor is constant; explain why the growth rate of TFP is equal to growth rate of GDP per capital
First, what does GDP measure? Even if we prefect the measure by correcting for price increaase, what does GDP really tell us? Is GDP a measure of the nation's economic health?