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craft unions both industrial and craft unions attempt to raise their members wages but each goes about it differently explain the difference in
externalities-analysis and policy design suppose that in a competitive market demand is given by the equation p 600 - q and supply is given by the
there is significant disagreement whether a dependable positive correlation relationship exists between incentive pay and individual employee
suppose that in 1984 the total output in a single-good economy was 10000 buckets of chicken and the price of each bucket of chicken was 10 in 2005
what is the effect on the price of a recordable cd and the quantity of recordable cds sold ifa the price of an mp3 download risesb the price of an
describe various revenue models available as video content shifts from atoms to bits what are the advantages and disadvantages to each - for
10 annual purchases of 1000 worth of common stock the stock paid no dividends then for 4 years all the stock sold for 28000what interest rate
3500 is deposited every year with 6 interest each year38 equal deposits are madehow much money can be withdrawn in 20 equal paymentsbeginning one
assume the following data describe the gasoline market price per gallon 200 225 250 275 300 325 350 quantity demanded 32 30 29 28 22 21 20 quantity
assume that total output is determined by the formula number of workers times productivity total output output per worker if an economys
a plot crowding out for the following situations on a graph and explain why you get the resultsi perfectly inelastic id curve vertical amp perfectly
suppose the price of housing stays at 2 and the price of food stays at 10 what will happen to her budget constraint if her income increase to 100
graph jays budget constraint when her income is 50 and the price of housing and food is 2 and 10 respectivelywhat happens to her budget constraint
a what are your views regarding economic forecasting in particular share any experiences you may have had with business forecasts for company
looking at the chart below suggest the kinds of variables that could be used to represent the following factors which are believed to affect the
assume that employers and workers agree that real wages should rise by 2 next year1 if inflation is expected to be 2 next year what will happen to
today the number of commercial banks in the united states is abouta 14800b 21000c 3000d 8000during the so-called wildcat banking period in the united
if the reserve requirement were cut in half the banking systems ability to extend loans would bea increased by 50 percentb reduced by 100 percentc
suppose the savings rates by income quartiles in indonesia are given by the following1st quartile - 5 savings rate2nd quartile- 7 savings rate3rd
countries x and y differ in population growth rates and rates of investmentcountry x investment or savings is 20 of gdp population grows at 0 per
a country is described by the solow model with a production function y k12 where y is output per worker and k is capital per worker now suppose that
1 a monopolist is aa-price takerb-price setterc-cost maximizerd-quantity taker2 in perfectly competitive markets if the price is the firm will
consider a market where supply and demand are given asqd 56 - 2p qs -10 psuppose the government imposes a price floor of 25 and agrees to
according to classical economists the aggregate supply curve isavertical in both the long run and the short runb vertical only in the long runc
1 if the economy is in equilibrium and suddenly the level of planned investment increases by 2 billion national income will increase bya 2 billion