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consider an environment where an agent could be either employed e or unemployed u letrsquos normalize e u 1 so that e
with the help of a diagram show how home will benefit from trade according to the ricardian model in your diagram
what 3 concepts are most important to remember about the concept of design why in your view are these most important
martha has the utility function ux y min 4x2y write down her demand for x and y as functions of the variables m px and
the steady-state rate of unemployment is ul ssf suppose that the unemployment rate does not begin at this level show
with some services eg checking accounts phone service or pay tv consumers choose between two or more payment plans one
sams fire engines is the sole seller of fire engines in the fictional country of pyrotania initially sam produced four
q1 cpi inflation calculationsuppose the us economy makes only apples and pears data from 2009 2010 and 2011 are shown
consider a shrimp restaurant at fishermanrsquos wharf in san fransisco the chef at the restaurant chooses whether to
start with your factors of production on page 34 and then briefly describe whether these resources were allocated
redstone clayworks inc is located in sedona arizona and manufactures clay fire pits for patios they are one of about
in the short run at a market price of 15 per shirt this firm will choose to producenbspnbsp shirts per dayon the
suppose that the market for polo shirts is a competitive market the following graph shows the daily cost curves of a
in its rivalry with westinghouse general electric instituted a price protection plan this plan stated that if ge
efficiency-wage theory suggests that to improve workers performance firms shoulda fire all existing workers and hire
an economist estimated that the cost function of a single-product firm is cq 110 20q 30q2 10q3 based on this
efficiency wages area one explanation for the full employment rate of unemploymentb wages paid for time and motion
a rise in the rate of inflation given a fixed nominal interest rate will causea the nominal interest rate to riseb the
after learning the basic estimation techniques in ch 4 which of the following regression models will you choose to
consider a market characterized by the following inverse demand and supply functions px 10 - 2qx and px 2 2qx
letrsquos say the current administration decides to make a college education more affordable so they establish a price
what is the value of a preferred stock that pays a perpetual dividend of 100 at the end of each year when the interest
sage has 80 to spend this month on cds andor dvds a cd costs 10 and a dvd costs 20a draw sagersquos budget constraint
what is your opinion of this economics course did it meet your expectations what suggestions can you offer for
why is the continuing income inequality in the us a problem for the economy does it matter that so many people own such