Discuss the possible effects of 𝐺 on the labour market tightness, the labour force, the number of private firms and the aggregate output in the economy.

Macroeconomists are usually interested in the following questions. How are aggregate labour market outcomes: unemployment, job vacancies, and employment determined as equilibrium phenomena? Why do unemployed workers and unfilled vacancies coexist? Suppose that the government can operate 𝐺 firms, subject to the same constraints as private firms. The government also incurs the same cost (𝑘) […]

Identify whether the following cases mentioned in part 1 to 5 represent an aggregate

Identify whether the following cases mentioned in part 1 to 5 represent an “Aggregate Demand shock” OR “Aggregate Supply shock”, graphically sketch the impact of each shock within AD-AS framework, and discuss the role a stabilization policy can play in each case to counter the shock: 1. People living in the economy have become inclined […]

market analysis-A change in determinants of supply other than price causes

Market analysis Please complete the following task. Fill up the all tasks. I. A change in determinants of supply other than price causes an………………………………………… Please prove it on the graph. II. Please draw the impact of imposing subsidy on equilibrium in free market mechanism. Scarcity.means……………………………………………………………………………………………………………………………………………………………………………………………………………… . Opportunity cost is that which: We give up, when […]

Demonstrate a thorough understanding of the advantages and drawbacks of the proposed research techniques, outlining the strengths and weaknesses of the proposed design

Criteria Criterion 1: Clearly and convincingly demonstrate that the proposed research is important, feasible and likley to provide the expected results. Clear and convincing explanation of why and for whom the proposed research is interesting and important. Specification of the precise questions that the proposed project will seek to answer, and the type of results […]

Complete the table, plot and draw the Marginal cost and average cost data, identify, and explain the optimum level of production for the business output T

Complete the table, plot and draw the Marginal cost and average cost data, identify, and explain the optimum level of production for the business output T Data supplied by businesses for the assignment. The following data schedules has been supplied to you concerning the local market demand and supply for Task 1 (AC 2.1 and […]

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