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Suppose that the labor force participate rate is 79%, the total working-age population is 100 million, and the number of unemployed is 2.5 million. Determine: (i) the labor force; (ii) the number of employed workers; (iii) the unemployment rate; and (iv) the employment/population ratio.
Consider your own workplace. Do you work for a company, the military, or at a nonprofits institution such as a hospital? Describe your organization's buying center and how it adds value by procuring what your organization needs to conduct its busines..
If the logic of classical economics was not at fault for being unable to fix economic problems of the real world, what was in Keynes' opinion? In what publication did Keynes first discuss what would become known as the multiplier? What two criticisms..
Should certain sectors of the economy be regulated? Which ones and why? Should there be greater or less regulation during certain parts of the business cycle or certain economic conditions? Which ones and why?
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
Using the Arc Elasticity of -.60for this firm's product assess the dollar magnitude of net benefits of a decision to raise price/output combinations by 5% in the short (1 Year) and medium term (5 Years, with resulting revenue increases or decreas..
A regulated natural monopoly has the following data: if the firm is ordered to price its good so that there is locative efficiency then the firm will have?
According to Haskel and Sadun(2009), the United Kingdom started regulating the size of grocery stores in the early 1990s, and today the average size of a typical U.K. grocery store is roughly half the size of a typical U.S. store and two-thirds the s..
What steps would you first take to perform an after tax analysis to determine a better investment for the following example: Toby is in a 35% bracket for income taxes (state and federal combined), and only 40% of a capital gain is likely to be taxabl..
Consider the production function f(x1, x2) = x21 x22 . Does this exhibit constant, increasing, or decreasing returns to scale? Consider the production function f(x1, x2) = 4x121 x132 . Does this exhibit constant, increasing, or decreasing returns to ..
There are three ice cream vendors who are deciding where to locate on a beach. The only decision that they have to make is where to locate the store that they have to run. There are 10 positions available on the beach and costumers are uniformly dist..
Jenny? Walters, who owns a real estate? agency, bought an old house to use as her business office. She found that the ceiling was poorly insulated and that the heat loss could be cut significantly if six inches of foam insulation were installed. Assu..
The Fed pays very high interest rates on which of the following assets and/or liabilities?
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