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Consider the following facts. After the age of 25, persons with college degrees earn more than persons with no education beyond their high school degrees, ceteris paribus. Moreover, persons with high school degrees earn the same as persons who have had some college training no matter the number of years of college but never complete their degree, ceteris paribus. Which model of educational attainment better explains these facts (and why)?
below is a list of domestic output and national income figures for a given year. all figures are in billions. the
What is the difference between the national debt and privately held federal debt? Why is the distenction between the two important?
Within the context of responsible stewardship, provide an argument for or against workers' rights to organize unions and bargain collectively from and ethical, social, and/or legal point of view.
What is profit-maximizing level of hiring for firm. How is it determined. What is equilibrium quantity of labour hired in market. Does it make sense given number of firms.
Discuss an activity or process or product of Wal-Mart that exhibits economies or diseconomies of scale. Describe the source of the scale economy.
Assume no change in current productivity or current labor supply in either country. What is happening to financial flows.
Explain why domestic producers who supply a good that competes with imports would prefer an import-substitution approach to trade rather than an export promotion approach. Which policy would domestic consumers prefer and why.
Elucidate its advantages and disadvantages and suggest appropriate policy prescriptions to deal with the potential shortcomings.
show which own-price elasticity of Rohan's Marshallian demand for any good is independent of his income. To show that the income elasticity of his Marshallian demand for any good is equal to 1.
Calculate the point elasticity of the firm's total sales revenue with respect to the amount of labor used when q = 2.
Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car dealers..
Contrast the difference between temporary and permanent damages on the incentives of people to build new houses near the cement factory
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