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Confining yourself to purely economic reasons, why were the Nazis determined to break the bargaining power of German labour unions at the outset of National Socialist rule? With unemployment running around 40% of the labour force, was not organized labour already weak? Explain carefully. In particular, why did Nazis freeze wages as part of their program of recovery from the Great Depression and preparation for war?
Draw the pre-intervention optimized supply and demand equilibrium. Explain and show what effect it has on the polis.
The demand for 1,000 units of a part to be used at a uniform rate throughout the year may be met by manufacturing. The part can be produced at the rate of 3 per hour in a department that works 1,880 hours per year.
Swap arrangements among national central banks
Two individuals, Andy and Beth, work on a joint project. If Andy chooses effort level x ≥ 0 and Beth chooses effort level y ≥ 0, then the total output equals 10x+10y+2xy. Maximize each player’s payoff function to find his or her best response functio..
calculate the price elasticities of supply and demand. Use the elasticity values to find the tax incidences from a specific tax that is levied on the consumers.
The world market demand and supply curves for clay fire pots intersects at $190 per unit. Add columns 9, and 10 to show, respectively, total revenue (TR) and marginal revenue (MR). Add column 11 to show profit (i.e., TR-TC). Add column 12 to show pro..
What adjustements can be made to the efficieny wage model to increase realism from the real world labour markets?
The demand for cartons of cigarettes is Q = 1200 – 10P and the supply of cartons of cigarettes is Q = 20P. Suppose the federal government levies a $10 per-carton-tax on sellers for every carton they sell. What is the statu tory incidence for the $10..
A portfolio has an expected annual return of 15.7 percent and a standard deviation of 19.6 percent. What is the smallest expected loss over the next calendar quarter given a probability of 1 percent?
Conduct a hypothesis test, by calculating the z-score, at a = .05, for a two-tailed test.
The federal tax code allows businesses but not individuals to deduct the cost of health insurance premiums from their taxable income. Consider a company named HeadBook that could either spend $5,000 on an insurance policy for an employee named Vaness..
There is an industry with six firms. They have market shares of 20%, 20%, 15%, 15%, 15%, and 15% respectively.
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