Nine slugs per hour, The law in Ruba says no worker shall

Nine slugs per hour

Assignment Help Business Economics

Reference no: EM138912

Q1. The law in Ruba says no worker shall be paid less than nine slugs per hour. Estimate the quantity of labor supplied, the number of unemployed, and the unemployment rate.

Q2. onsider the following examples of economic activities:
purchasing of groceries
massive layoff of employees
decrease in taxes
Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity.

Reference no: EM138912

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