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There are one hundred jobs and one hundred workers in a competitive job market. All the workers are equally productive. All employers dislike female workers but vary by the degree of their dislike. Job one's employer dislikes females by $100 a week. Assume male workers are paid $500 a week. If there are 40 females and 60 males in the labor force, then which of the following is true in the short run equilibrium? A)employer 40 will pay a wage of $440 and hire a female B)employer 10 will pay a wage of $440 and hire a female C)employers of males could increase their monetary profit by hiring females instead D)All of the above are true
During the 1990s, securities related to technology and other dot-com firms experienced skyrocketing market prices. But, the market crashed around the year 2000. We can argue that this example: A: does not support the efficient markets hypothesis beca..
Consider the following two proposals to reform unemployment insurance. Explain the arguments for and against each reform. The insurance payment would be increased so that it replaced 100% of a worker's regular labor income for 26 weeks.
Citizens can protect themselves in the case of robberies or harm by using these guns. Other states do not allow citizens to carry handguns
If mortgage rates rise from 5% to 10% but the expected rate of increase in housing prices rises from 2% to 9% , are people more or less to buy houses. IRs was lower in the mid-1980s than in the late 1970s, yet many economists have commented that real..
In the long run the interest rate adjusts to adjust to balance the supply and demand for loan able funds. In the short run, the interest rate adjusts to balance the supply and demand for money. Discuss.
A machine costs $1,000,000 to purchase and will produce $200,000 per year revenue. Annual operating and maintenance cost is $50,000. The company plans to use the machine for 10 years and then sell it for scrap for which it expects to receive $50,000...
Consider two hypothetical countries. In Country A, 20 percent of the labor force is unemployed for half the year and employed for the other half; the remaining 80 percent of the labor force is never unemployed. In Country B, 100 percent of the labor ..
Find the value of X such that the loan is fully repaid with the last payment. b) What is the dollar amount of each of the five payments ? c) Find the value of all the intrest paid to ken ?
The operating instructions issued to the European Central Bank is to use monetary policy to focus entirely on targeting the inflation rate. If it follows those rules what would it’s Taylor rule equation look like? Be specific.
Describe the coefficient of determination. Suppose if you were given that the independent variable was 5, what would the predicted value be.
Identify the biggest beneficiary of the primary market (of the multi-sided network effects) for the Windows Operating System. Support your choice (75 words max) by identifying the nature of the value(s) of this network effect
Supply is given by the equation P=10+0.05Q. Demand is given by the equation P=600-0.05Q. Calculate the price and quantity at which the price elasticity of demand is equal to -1. How might you describe that point?
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