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1. The availability of jobs at higher real wages motivates many people to migrate—legally or illegally—to the United States. Other things being equal, what impact would a large influx of immigrants have on real wages? What impact would it have on real wages in the immigrant’s home country? At least 5 -6 lines explain
2. What factors might explain the differential in average income between males and females and why? Please explain? 5-6 lines
Analyze the makeup and policies of the European Union and determine if all countries have benefited from their membership (larger vs. smaller countries)
Ralph gets his paycheck from Shakes n’ Burgers Restaurant, his employer, and attempts to deposit it in his account at Town Bank. Uri, the bank’s teller, notices that on the check the amount stated in words is different from the amount stated in nume..
For most products, purchases tend to fall with decreases in buyers' incomes. Such products are known as ( ) “We have to decrease our dependence and consumption of fossil oil” is a----------- statement whereas “our decreased dependence and consumption..
Suppose the price of widgets falls from $7 to $5 and consumption of widgets rises from 15 widgets a month to 25 widgets. Calculate your price elasticity of demand of widgets. What can you say about your price elasticity of demand of widgets? Is it..
Presume the government decides to increase taxes by $20 billion to increase Social Security benefits by the same amount. How will this combined tax transfer policy affect aggregate demand at current prices?
apple inc. has made a rare fashion miscalculation they have produced 8000 neon green ipods but have sold almost none.
What is the relationship between bowed out shape of production possibilities frontier and increasing opportunity cost of the good as more of it is produced?
Describe and discuss the model of perfect competition and adopting strategies to gain market power in the competitive industries.
Calculate the price elasticity of demand
you are a senator considering how to vote on a policy that would increase the economic surplus of workers by 100
1-provide a well-explained definition of industrial economic regulation.2-provide a well-supported explanation of how
Consider a $500,000 initial investment, annual savings of $92,500 for a 10-year period, a salvage value of $50,000, and a 10 % MARR applies. Using a spider plot, examine how sensitive the annual worth for the investment is to errors in estimating t..
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