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When Alan Greenspan (who would later become chairman of the Federal Reserve) ran an economic consulting firm in the 1960s, he primarily hired female economists. He once told the New York Times, " I always valued men and women equally, and I found that because others did not, good women economists were cheaper than men." Is Greenspan's behavior profit-maximizing? Is it admirable or differential between men and women? Why might other economic consulting firms at the time not have followed Greenspan's business strategy?
Identify and discuss the most common pattern or stages involved in corporate violence. What are the worst specific consequences of corporate violence, and which claims about corporate violence seem least warranted? Which industries seem to have the w..
Select a USA from the Index also bring in additional source material to Explicate its ranking also Explain how it has changed over the last 5-10 years.
Given two countries (Uganda & Botswana) and two goods (Cars and Shirts) model, suppose Uganda is endowed with ten million workers and each of its workers can produce either five cars or ten shirts per worker. Politicians decide to open to trade. Whic..
The operating and maintenance expenses are expected to be same whether you purchase the truck or lease it. If the minimum acceptable rate of return is 12% per year compounded monthly, should you purchase this lift truck or lease it?
xpect that this strong preference for Japanese products will continue for the next decade. Explain how should this influence your decision to work and save in Japan.
Utilize the sticky-income theory of cumulative provide to explain illustrate what will take place to o/p also the price level play in this adjustment
What role do property rights play in creating common property resources? Why are common property resources subject to market failure due to non-excludability?
Suppose a firm doubles its output in the long run. At the same time the average cost of production remains unchanged. We can conclude that the firm is A) exploiting the economies of scale available to it. B) facing constant returns to scale. C) facin..
A life insurance salesperson claims the average worker in the city of Cincinnati has no more than $25,000 of personal life insurance. To test this claim, you randomly sample 100 workers in Cincinnati. You find that this sample of workers averages $26..
What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitutes one product for another? Use examples to illustrate.
Most members of labor unions work in the public sector, industries that are regulated, or industries in which production is concentrated into a few firms.
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