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Consider two hypothetical countries. In Country A, 20 percent of the labor force is unemployed for half the year and employed for the other half; the remaining 80 percent of the labor force is never unemployed. In Country B, 100 percent of the labor force is unemployed for 10 percent of the year and employed for the other 90 percent of the year. Note that both countries have an overall unemployment rate of 10 percent.
Discuss which of these countries seems to have the more serious unemployment problem, and explain why.
Elucidate how much the equilibrium quantity of wheat sold. Elucidate the actual cost which is equal to the equilibrium cost.
What are the relevant facts and figures about this company? For example, where is its headquarters? How many hotels/rooms are owned or identified with that company?
Explain the origin of the Human Development Index. Explain the method of calculating Human Development Index.
How long will this discount change the consumer surplus and producer surplus? Will Big Top be more efficient by offering the discount to children?
Illustrate what is the practical significance of income elasticity coefficients. Explain the significance using as examples an income elasticity.
Assume that an economy experiences both positive population growth and technological progress. A reduction in the saving rate will cause:
“If the legal standard of care in a negligence rule is necessarily vague, the court should set it below the level of efficient precaution.” Explain the economic argument in favor of this proposition. Doctors are liable when their negligence injures p..
Explain the law of demand and the law of supply in healthcare. Distinguish between demand and quantity demanded. What determinants cause a shift in demand? Please include reference(s).
Me Lisa purchases shares in government bond mutual fund .is this included in the aggregate demand component investment.
Beth has plans to go to a play and already has a $50 non refundable, non exchange able, and non transfer able ticket. Now Carl, whom Beth has wanted to date for a long time, asks her to a party.
Complete the statements about the following three theories for the upward slope of the short-run aggregate-supply curve.
Define the differences and/or similarities between the latent theory and the trajectory theory. Which one do you feel better defines why individuals commit crimes?
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