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When can an employee’s religious belief qualify as a bona fide occupational qualification? Do you believe religious hiring is BFOQ? Can a person claim to be discriminated against because of his or her spouse's national origin? Multimatrix, Inc., has decided to phase out its production of cassette tapes and VHS tapes in favor of CDs and DVDs. Of the company’s 224 workers, 95% are over the age of 40. Because it is fully staffed, Multimatrix cannot transfer these workers to other positions. Multimatrix is fearful of a class action lawsuit under the ADEA. What advice would you give Multimatrix?
Consider the Romer model. If the percentage of the population engaged in ideas formation (l) (bar) decreases, what are the short and long term impacts of this shift on Y?
Consider the Solow growth model with the production function Y=F(K,L)=KL/K+L. a . Find the production function in terms pf capital per labor. b. What is Solow's equation for the evolution of the capital/labor ratio? c. If capital depreciation rate is..
The demand equation for a company's product it Q = 500 - 3P + 2Pi + 0.1I where Q is the quantity demanded of its product, Pi is the price of its rival's product, and I is the per capita disposable income (in dollars). At present, p = $10, Pi = $20, a..
Assume the market for a commodity is described by the demand and supply functions. Determine the equilibrium price and quantity in this market.
To whatever extent you find the paternalistic and externality arguments convincing, what types of responses might they justify? Consider, for example, educational TV.
Use the following information for the next 9 questions. You should draw a graph that depicts the situation below and use your picture to answer the questions. Assume that wages and prices are sticky and that we start at a long-run equilibrium. Now as..
Show how the following demand curves are likely to shift in response to the indicated changes: a) The effect on the demand curve for umbrellas when rainfall decreases. b) The effect on the demand curve for apple juice when the price of orange juice d..
Are you for or against free trade Are you for or against NAFTA What is the economic basis for trade Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource difference..
q.you are watching national news broadcast with your parents. the news anchor clarifies that the exchange rate for the
In the late 1990's, care leasing was very popular in the United States. A customer would lease a car from the manufacturer for a set term, usually two years, and then have the option of keeping the care. If the customer decided to keep the car, the c..
Illustrate what role did the policies of various governments play in influencing the international expansion strategies of both McDonald's also Wal-Mart.
Since producers must be compensated for the rising opportunity cost that accompanies increases in output,
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