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Thomas works in a non-military operation of a large operation that does both non-military and military goods. This company discontinued the production of non-military goods and transferred Thomas to a plant that produced military goods. Thomas left his job and claimed it violated his religious principles in the manufacture of goods that will be used in destroying life. He argued that the transfer forced him to quit his job. He was denied unemployment compensation by the state because he has not been effectively "discharged" by the employer but had voluntarily terminated his employment. Did the states denial of unemployment benefits to Thomas violate the free exercise clause of the first amendment?
Distinguish between skimming price and penetration price policy. Which of these policies is relevant in pricing a new product under different competitive conditions in the market?
Write an algebraic formula that gives Mr. Midas' demand for money as a function of bond and chequing account interest rates.
Think about our economy. Irrespective of economic conditions, we consume many goods and services in various quantities. There is a constant allocation and re-allocation of resources. How does this happen? What economic mechanism helps allocate resour..
Suppose that the monthly demand function of a particular commodity is given by P= 200 -0.4x and the supply function is P = 0.2x + 80 where x is the number of units demanded and supplied and P is in pesos. Determine the equilibrium prics and quantity
How harmful is the public debt? Are you concerned about the public debt? Why or why not? Was it wise for the government to use expansionary fiscal policy during the Great Recession even with the effect on the public debt? Do you feel that the benefit..
q1. assume that serendipity bank has overload reserves of 8000 and checkable deposits of 150000. if preserve ratio of
Elucidate any of the assumptions required for the Coase Theorem likely to be violated in an important way.
Markets tend NOT to generate a socially desirable outcome when:
Provide an example for each about decision-making, interaction and workings of economy. Explain how that influences marginal benefits and marginal costs associated with decision to purchase a house.
Volumetric oil reservoir with pressure dropped from 2000 psi to 1000 psi with 30 MM STB oil was produced. Gas oil ratio was 900 Scf/ STB at 1000 psi , while the current gas oil ratio is 2200 scf/STB . Porosity= 20% , Sw= 0.15 .the temperature of the ..
The U.S. government has a legal monopoly on the printing of U.S. currency. For the sake of this question, suppose the government decides to relinquish its monopoly—the Department of Justice will “break up” the federal government’s monopoly on U.S. cu..
In 2008, Poland was forced to devalue its currency against the Euro. Which of the following groups was most damaged? Which of the following central banks use(s) the channel system for targeting interest rates?
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