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1. According to the Nash Bargaining model of employment, what is the effect of minimum wage laws on unemployment? [As always, you need to carefully explain your response. You will likely want to use graphs to aid in your explanation. You will want to use graphs in many other questions as well.] 2. Inflation in…
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CUCNY Economics Universal Basic Incomein a Modern Economy Discussion Discuss the potential advantages and disadvantages of implementing a universal basic income (UBI) in a modern economy. How might UBI impact labor markets, income inequality, and overall economic productivity?
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“Examine the relationship between inflation and unemployment, as described by the Phillips curve theory. How has this relationship evolved over time, and do recent economic trends challenge the traditional Phillips curve concept?”
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In granting (or prohibiting) proposed acquisitions or mergers in an industry, government regulators consider a number of factors, including the acquisition’s effect on concentration, ease of entry into the market, extent of ongoing price competition, and potential efficiency gains. In 2011, T-Mobile agreed to merge with AT&T at an acquisition price or $39 billion. However,…
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Concepts you should be able to explain for the exam: Comparative advantage Tariffs Quotas Social trade restrictions Regional trade agreements NAFTA European Union Common currency Balance of payments Foreign exchange market Exchange rates Currency speculation Things you should be able to do for the exam.…
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2. (20 points). Firm K is a leading maker of light-weight, water-proof outerwear. During the winter months, demand for its main line of water-proof coats is given by: P = 800 − 0.2Q, where P denotes price in dollars and Q is quantity of units sold per month. The firm produces coats in a single…
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Purpose of Assignment This assignment addresses how both monetary and fiscal policies have been used during the so-called Great Recession, which began in December 2007 and ended in June 2009, to the present to moderate the business cycle. Assignment Steps Resources: Tutorial help on Excel® and Word functions can be found on…
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Keynes vs Hayek On Stimulus Discussion 1. Keynes suggests stimulus is the best way to manage the economy. What are his points? 2.Hayek believes stimulus only sets up the economy for future problems. What are his main points? 3.Do you feel one or the other makes better points? Why? 4.Is it…
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The project focuses on sustainable energy transition to cleaner and more efficient sources of energy and its economic and environmental impacts. Choose a specific research question within this theme and apply statistical or econometric methods to analyze data, draw conclusions, and propose recommendations for achieving a sustainable energy future.Work on Determinants of Solar Adoption by…
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American Imperialism Discussion – development of Industry, American SWC American Imperialism Discussion In this week’s readings and lectures, we delved deep into the development of Industry, American Imperialism, the Rise of Socialism, and World War I. Using this week’s assigned readings and lectures, answer the following: The readings and lectures/videos for this week…