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1. Why do you think U.S. residents would not want to work in the field in the first place? Do you think that it is possibly true that farmers cannot find Americans to do the job, or could there be another reason? Explain. What problems do you think could come up by allowing immigrants to come legally to the U.S. for a period of 10 months under the supervision of their employee?
Suppose there is a decline in marginal costs for one member of a cartel. What impact will this have on the incentive of that firm to cheat on the cartel agreement? Explain.
Suppose that there is a fixed number of workers. Each worker is at a certain instance either employed or unemployed. The average duration of a period of unemployment is Du=10
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The purpose of this problem is to study the sacrifice ratio. Assume that initially actual and natural real GDP both equal 11,000 and that the rate of inflation is 3.5 percent
Concerning the Purpose of the Corporation, recall that Ed Freeman’s stakeholder theory accused Milton Friedman’s stockholder theory of neglecting the interests of employees, v
Consider a homogeneoous-good Cournot oligopoly with 2 identical firms with C(q) = 0 and P(Q) = e-Q; for Q >0: Find the Stackelberg equilibrium outputs, price and profits (with
Discuss the circumstances under which the monetary policy multiplier is equal to zero. Explain why this can happen and how likely you think this is. Discuss the circumstances
Make a prediction regarding opportunities and challenges that an increase in diversity may present in the United States in the next 50 years. Elucidate the reasons for your
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