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An economy has 110,000,000 people employed 8,000,000 unemployed, and 4,000,000 discourage workers. The conventional measure of the unemployment rate is what percent?
Illustrate what is the marginal revenue product function. Assume which most workers in Pakistan work 48 hours per week also which there are four weeks in a month.
Suppose that the price didn't change. Elucidate amount of income that Ms Ramirez has to give up to have the same level of utility as if the price had changed.
Explain how are poor infrastructure, lack of financial institutions and a sound money supply, low saving rate poor capital base.
A firm that finds it extremely expensive to monitor the output of each worker will likely pay its workers
Joe's search costs are $7 per search. He wants to buy a DVD player for his wife for Christmas and lowest price he's found so far is $200. Should Joe continue to search or buy a DVD player at a price of $200.
Imagine that you borrow $5,000 for one year and at the end of the year you repay the $5,000 plus $600 of interest. If the inflation rate was 4%, illustrate what was the real interest rate you paid.
The total demand as well as for money is equal to the transactions demand as well as plus the asset demand as well as for money.
Describe political and social impacts of this association. Are regional trade associations beneficial for global economy. For members of association.
Each of the five nations that have been asked to bid for the broadcast rights for the London 2016 Games. Prepare to negotiate prices and other organizational details.
Conclude the change in demand when PX increases to 80. Conclude the exact amounts of the income also substitution effects for X.
Illustrate diagrammatically the set of allocations that are Pareto preferred to the initial allocation.
Calculate the average cycle stock for this item using the order quantity in part a. c. Assuming there are 12 periods per year, calculate total cost per year.
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