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Discuss the logic of a company setting and exercising the application of a mandatory retirement age and determine the pros and cons of the mandatory retirement practice from the perspective of the organization, economy, individual, or Nation? How might your response change with time; i.e., as you age or as the discoveries, opportunities, and challenges of mankind continue to evolve? What affect might our concern for the baby boomers reaching retirement age, and the smallest number workers supporting the largest number of retirees drawing social security, have on our views regarding mandatory retirement. If the seniors are employed, they will be contributing to social security through their FICA payments.
Living employees company stock or stock options in lieu of pay increases has been popular in many companies. The employees often are not allowed to sell their stock (or exercise their purchase option) for at least one year after receipt, and must forfeit the stock if they quit or are fired within a specified waiting period. Discuss the pros and cons of stock bonuses in lieu of cash bonuses from the perspective of:
Are there any upsides (benefits) or downsides (costs) to the economy from using stock or stock options as a form of compensation?
Is it ethical for a government to pretend in ways which socialize financial risks or losses.
Explain how would you relate the hiring practices of that industry or industries to fluctuations in the business cycle.
Give at least three explanations of why economic reasoning would argue that this is to be expected.
Lawn mowing services are supplied by a host of individuals in the suburb of Westbrook. Demand and supply conditions in the perfectly competitive domestic for lawn mowing services are:
Explain why is strong home currency mitigate the growth of inflation rate locally
Using above demanded schedule, find out the elasticity of demand for each price change. (Example: when price changes from $5 to $10, quantity demanded changes from 1000 to 800 oz., so the elasticity of demand, by using average values, is 1/3 or 0...
Discuss the appropriate monetary policy that the central bank should be operating, given the above situation.
If the United States lost hundreds of thousands of jobs, how is it that NAFTA was a best decision for the US also probably not for Mexico and Canada
Assess the degree of difficulty associated with measuring marginal revenue product for each of the following occupations.
Illustrate what school of thought would make this suggestion, and how do economists of that school justify that prescription.
Assume Helen's income increased from $30,000 per year to $45,000 per year and Helen\'s crab meat consumption went from 25 pounds per year to 30 pounds per year.
Explain how would each of the following theories of comparative advantage explain the fact that the United States exports computers.
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