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Advocates of higher salaries for teachers point out that most teachers have college degrees and that teaching children is an important job.
A.) Why aren't teachers salaires higher, given the importance of the job and the education required?B.) Suppose a new law establishes a minimum teacher salary that is 20 percent higher than the prevailing salary. How would you expect this law to affect the average quality of teachers and the taxes paid by the typical household?
Explain how do you define social diversity and business ethics. How has a more diversified labor force affected the corporate structure and economy.
Proponents of trade off liberalization argue which freer trade might actually improve the quality of the environment.
Illustrate what will happen in the short run and long run to the world real GDP and the price level. Moreover, describe what policymakers could do after this has happened.
What fiscal policy would you implement and why? Graph and explain the whole situation from start to finish, make up your own numbers. Make up your own MPC from that you will be able to derive the multiplier.
Utilizing an AD-AS diagram suppose that the economy is initially at potential output
What do you think that they would be able to effectively reflect the true marketplace benefit and price.
Assume now that there is an increase in demand for the good produced in this market. Market has once again adjusted to long-run equilibrium.
Assume the government imposed a minimum price of $7 in the schedule of exercise 3. What would occur. Illustrate.
Illustrate what might be some practical problems or issues the country might face with this proposed plan.
Which of the following nation would you expect to have intertemporal production possibilities biased toward current consumption goods, and which biased toward future consumption goods.
Economists also businesses almost always compare costs and benefits in their decision making.
Calculation problems should be proven by showing the process you used or the formula you applied to solve the problem.
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