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What do you think will happen to the labor market and unions in the manufacturing industry in the next 10 years? Do take into consideration any bailout given by the government during the 2008 financial crisis. Where do you think the demand for labor will be in the coming 10 years - service/retail sector, manufacturing sector, telecommunication sector OR green energy sector? Explain
We do, however, have free trade in corn, which is fermented and distilled to make ethanol, and accounts for approximately 55% of the cost. Elucidate the effective rate of protection on the process of turning corn into ethanol.
illustrate what wage would a monopoly union demand. Explain how many workers would be employed under union contract.
Show graphically and explain why the imposition of a minimum wage results in both winner and losers in the labor market. On your graph identify the gains to the winners and the losses to the losers.
Suppose a perfectly competitive industry whose demand and supply are characterized by the following demand and supply functions: Qd = 180 − 2P and Qs = 10P. How many units will the representative firm produce? Taking this quantity as the average per ..
What are the effects of increasing in government spending both mandatory and discretionary spending on US economy forecast ot grow by 1.5%
Do not conduct an economic analysis of the legal process (i.e. whether it is efficient to appeal the case). Focus on the economic analysis of the tort case at hand.
If Farmia opens trade with a country with identical tastes, what will happen in short run to: Farmia's production of wheat and coffee. What information or theorem did you use as basis for you answer.
Illustrate what is the products price after the imposition of the tariff. what is the domestic value added before and after the imposition of the tariff.
Suppose that Second Republic Bank currently has $150,000 in demand deposits and $97,500 in outstanding loans. The Federal Reserve has set the reserve requirement at 10%.
Cigarettes are also heavily taxed. Illustrate what effect does this tax have on cigarette consumption
Consider the types of non-tariff trade barriers and determine which has the most detrimental effect on the U.S. economy from the standpoint of the domestic consumer. Explain your rationale and support it with specific examples.
In an effort to bring inflation down they had set interest rates at 5% in 2018. How should the federal reserve react if they desire to bring inflation down to 3%. When will they achieve that goal? (Hint: maintain plenty of decimal places.)
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