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The Australian government is concerned about inter-generational equity problems. Key problems arise from a larger number of older retired people being supported by a smaller workforce of young people, and from ever increasing budget deficits to be paid for by younger people.
Encouraging older people to stay in the labour force rather than retire would help fix this problem. True or False.
Manager of EPS find outs two output levels that appear to be optimal. Illustrate what are these levels of output and which one is actually optimal.
Drug Testing-Third Party Beneficiaries: Bath Iron Works (BIW) offered a job to Thomas Devine, contingent on Devine's passing a drug test. The testing was conducted by NorDx, a subcontractor of Roche Biomedical Laboratories. When NorDx found that Devi..
The following graph shows the daily market for wine when the tax on sellers set at $0 per bottle. Suppose the government institutes a tax of $5.80 per bottle, to be paid by the seller. (Hint: To see the impact of the tax, enter the value of the tax ..
You are the CEO of a Fortune 500 company. You have two objectives: 1. invest $5 million cash on hand short term (overnight to one month); and 2. borrow $100 million for your firm’s working capital needs.
Suppose the premium on a 6-month S&R call is $ 107.5 and the premium on a put with the same strike price is $ 59.3. Assuming that the effective annual interest rate is 3 %, and that today's price for the non-dividend paying S&R index is $ 1,000, what..
suppose nominal GDP in 2012 was $100 billion and in 2014 it was $220 billion. The general price index in 2012 was 100, and in 2014 it was 140. Between 2012 and 2014, the real GDP rose by what percent? What is the size of the labor force in the United..
A study the seasonal demand and supply, explain what happened to cause the oil prices to fall to consumer demand in early 2015. Draw demand and supply curves to explain what happened.
Given your research and findings, are monopolies and oligopolies (firms demonstrating power) always bad for society? Be sure to provide real world examples of where this may be the case to strengthen your position.
Economic growth has slowed in the last quarter of the year to 0.6% from the previous third quarter growth rate of 4.9%. The economy lost 12,000 jobs in the last month of the previous year while shedding 80,000 jobs during the months of January and Fe..
In contrast, suppose that the CPI was 140 last year and is 132 this year. What is this year’s rate of inflation? What term do economists use to describe this second outcome?
What is the optimal bundle Carmela can achieve while spending $60? C) For Carmela, is clothing a normal or inferior good?
Trace the evolution of work on the laissez-faire doctrine through two arcs. First those theorists who are trying to prove that the system is stable.
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