Assume you are member of a government agent aiming to decrease the length of strikes. Write a strategy you can follow for this aim. Explain why you expect your strategy to work.
In TRNC part of the academic workers are unionized while others are not. Assume as unionization rate in TRNC has gone up, and at the same time the wage of the non-unionized academic workers also went up. How may these two trends be related?
Suppose that the economy has entered a recession. What monetary policy action will a central bank take to restore full-employment output?
An increase in the price level will affect the money market and bond market in what ways?
If the interest rate on a one-year loan is 5% and the expected inflation rate is −2% for the same period, what is the expected real interest rate on the loan?
Spencer took a 9 percent one-year fixed-rate loan to buy a new car. He expected to pay a real interest rate of 5 percent. If at the end of the year Spencer only paid a 3 percent real interest rate, what is the actual or nominal interest rate?