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One person using one computer can produce 11,000 typed pages per year, and the price per page for your service is $2.
a. Is the firm maximizing output relative to its labor cost? Show how you know.
The labor force is 110 ml and the total employment is 90 ml. What would be the measured unemployment rate?
What condition would our economy be presently in and what type of stimulus and healthcare package would we be seeing if, by a silly quirk of fate:
What are the best goals for the Fed? Should it lean toward restraint or toward expansion? Why?
Compute E(Y). Calculate E(Y|X = 1) and E(Y |X = 0). Are education achievement and employment status independent? Explain.
Why does the presence of externalities not reflect society's costs and benefits in the market?
The assignment of decision rights; an appropriate incentive and rewards system and, an effective performance evaluation program
What is the logic of a firm setting and exercising the application of a mandatory retirement age?
Conversation with a Keynesian and a Classical economist, and the conversation turned to why the economy is experiencing high unemployment
Why is unemployment an economic problem? What are the noneconomic effects of unemployment?
Use the above data to graph aggregate demand aggregate supply curves
Question: Should the Federal Reserve System control the nation's money supply?
Write your recommendations for implementing or not implementing HSAs, and give reasons.
Explain how each of the following changes would shift the aggregate demand curve. 1) Increase in government spending
Question: In what ways could the FED reduce unemployment?
Will be any rural urban or urban rural as things stand? Explain your reasoning, stating explicitly any simplifying assumptions, and show all work.
Why are some groups in the U. S. extremely critical of corporations that earn growing profits?
How does the unemployment rate in May compare to the unemployment rate during the past few recessions?
Suppose the current wage rate in Slovakia is 119 koruna per hour. How many workers will the bakery employ?
What are the implications of this over-spending?
Given the above, what would you predict about the overall direction of the economy?
Q1. What are some advantages of a unionized organization? Q2. What are some disadvantages?
Why would you expect the inflation rate to accelerate if the actual unemployment rate declined to a level lower than the "full employment" unemployment rate?
"Increasing the minimum wage will result in a decrease in employment for workers who now earn less than the new minimum wage"?