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Suppose the government were to provide a $2 per hour subsidy for families who purchases child care, regardless of work or wage status. This will..
A. Increase female labor force participation as take home pay for women will increase
B. Have an ambiguous effect on the number of hours worked because the income and substitution effects work in opposite directions
C. An increase in labor force participation for women, causing women, who were not working before, to enter the labor force
D. A decrease in labor force participation rates for women, including a decrease in number of hours worked for those who are working
An economy with nominal tax rates significantly higher than effective tax rates has
Suppose that a firm's only variable input is labour. When 50 workers are used, average product of labour is 50 and marginal product of labour is 75. Wage rate is $80 and total cost of fixed input is $500. Illustrate what is average variable cost. ..
Illustrate what is the distinction between marginal revenue product also marginal revenue. How does the government of Canada redistribute income.
Illustrate what is the elasticity of demand if you raise the price of your airline's tickets by 6% also the number of tickets sold decreases.
Assume that a 1- year discount bond (bond A) with a face value of $1,000 is currently trading at PV = $943.40 offers YTM = 6%, and another 2-year discount bond (bond B) with identical risk features and face value is currently trading at $873.44 and o..
Answer this question based on the payoff matrix above for a duopoly in which the numbers indicate the profit from following either an international strategy or a national strategy. Refer to the above table. If firm A chooses an international strategy..
Suppose X - M = net exports; T - G = government sector balance; and S - I = private sector balance. What relationship exists among these variables?
Illustrate what role does weak financial regulation also supervision play in causing financial crises.
Roy is a single person. He earned $75,000 last year. Among his expenditures last year were $10,000 on interest on his home mortgage, $2,500 payment on the principle of his home loan, $700 in charitable contributions, and $392 for food. And the person..
In 2010, 40% of all U.S. corn production was used for producing ethanol, while 60% was used for consumption in or as food products. In 2011, a prolonged drought reduced the overall production of corn by 30%, from 10 million bushels to 7 million bushe..
Prepare a Cash budget for the Quarter ending 30th September 2014 and prepare a schedule of cash receipts from debtors for the period ending 30th September 2014.
Elucidate why the first mover will not install a capacity less than 6 or greater than 12.
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