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On one graph, draw a time series graph showing salaries of McDonald cashiers, reality TV starts, and NBA basketball stars. (Make up a total of 9 data points, you don’t need to show the actual numbers)
The production function : q = L. This function is widely used in economic research. Using the function, show the following. statement in mathematical proof:
Consider a small country that exports steel. Assume that a "pro-trade" government deicdes to subsidize the export of steel by paying
Think about a firm that you have done business with recently. What industry does this firm belong to For example, McDonald's is a firm in the fast food industry. What market structure would this industry fall under
Explain the relationship among the bowed out shape of the production possibilities frontier and the increasing opportunity cost of a good as more of it is produced.
Why does a union electrician earn less than a non-union electrician? Why does a white male earn more than a white female with the same level of education? Why does a movie actress like Angelina Jolie earn more than a movie actress from the 1940s?
A local community voting to raise property taxes to increase school expenditures
Identify two examples of a paradox in health care and pair each with an imperative for change from the Summary of the IOM Report, Best Care at Lower Cost: The Path to Continuously Learning Health Care in America. Discuss a possible policy solution to..
To find and explain the Nash equilibria of a widespread form game can I use the equivalent normal form game to do that.
What are some of the top reasons of consumers reporting lower life satisfaction, even though their purchasing power has recently increased?
Review the definitions of Kantianism, Utilitarianism, Liberal Individualism, and Communitarianism. Describe a real-life example for each of them, from both personal and a career perspectives
Should the firm increase capital and decrease labor or the other way around? When should the firm stop replacing one input for the other? Explain.
Suppose that County A has a money demand function given by Md= 50 + 2Y - 5r, while Country B has a money demand function given by Md = 50 + 2Y -25r. From this, we can conclude that
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