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Labor productivity is determined by the amount of human and physical capital available for the labor force. Tasks:
Answer the following questions:
1. Which factors make the strongest impact on your personal labor productivity, or that of your closest family member, if you don’t have a job?
2. What actions can a person take to increase his or her labor productivity?
3. Does capital formation affect labor productivity? Explain with examples.
Terry wants to sell his car and the lowest price he is willing to accept is $3,000. Alice likes the car and is willing to pay at most $4,000 for it. They begin to negotiate to arrive at a price. Which of the following statements will be true?
What share will be paid by the consumer in the long run? How about the short run? Provide some intuition for why these are different.
question 1 a consider the market represented by the schedule in the table below.i draw a diagram. what is the
three months ago you purchased at par a 100000 bond with a stated interest rate of 5. today the federal reserve
The Law of Large Numbers explains why it is unlikely that the actuarially fair premium for an insurance policy will be the same for a small start-up firm
Why do people hold bonds rather than larger savings account or checking account balances Under what circumstances might they change their portfolios, moving their funds out of bonds and into bank accounts
equilibration is the process of moving between two equilibrium points as a result of some change in supply or demand.
You are given the following two IS curves that show how real GDP (Yt) in the current time period t depends on the current interest rate and interest rates in previous periods, where rt is the interst rte in time period t. Furthermore each time per..
Presume the foreign and domestic interest rates are both initially equal to 4%. Now suppose the foreign interest rate rises to 6%. Describe what effect this will have on the exchange rate. Also explain what should occur for the interest parity condit..
How much quantity does each individual firm produce? Using your answers from a) and b), determine if an individual firm is making a profit or loss and calculate this amount.
Consider two metropolitan areas, one that has many small school districts and one that has only a few large school districts. In a paragraph, what are the efficiency and equity effects of introducing a voucher system likely to differ across these two..
review the pizza store layout simulation. during your review examine the process in this simulation. play it at least
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