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Using the perfectly competitive labor demand and labor supply model, what would happen, all else equal, to the real wage and the number of workers in each of the cases below:
A. There is an increase in the amount of physical capital as a result of positive net investment in the economy.
B. In a particular occupation, workplace safety regulations are effective in lowering the rate of workplace accidents and injuries.
C. In a particular occupation, the good that workers are producing is not as popular as it once was, leading to the decrease in the price of the good that workers help produce.
D. Social Security retirement benefits are cut and the retirement age is increased.
explain the limitations of organisational behaviour models briefly ltbrgt and ob is an interdisciplinary subject
The quantity theory states that the impact of money on nominal GDP can be determined without details about the aggregate demand curve, so long as the velocity of money is predictable. Discuss the reasoning behind this claim.
Discuss the changing economic variables in China that influenced McDonald's expansion strategies.
A monopolist faces market demand given by P = 200 – Q. For this market, MR = 200 – 2Q and MC = 3Q. What quantity of output will the monopolist produce in order to maximize profits?
Emily makes cartoons whioch she sells to her classmates. Her average product of labor is 5 cartoons every hour if she works for one hour, four per hour
1 currently the yield on the 10 year treasury note isnbsp 184 basis points 1.84 above the yield on the 2 year treasury
the affordable care act signed into law on march 23 2010 requires individuals to be enrolled in a health insurance plan
One country has a export of $872 million vs another country's exports $1.827 billion what is the percentage difference between the two?
Identify and describe the five sources of growth? Mention and explain four categories (types) of policies designed to promote growth.
You've completed your vacation in a foreign country. At the airport, you discover that you have the equivalent of $20 local currency left over. the exchange control officer tells you that you can't convert the local money back to dollars. Nor can ..
Michael Illitch bought the Detroit Tigers in 1992 for $82 million, which amounted to $114.15 million in 2005 dollars. by 2005, the Tigers were worth $292 million. Calculate the real compound annual rate of return on that investment.
How would you characterize the market for crude oil production? Explain your answer. Explain the long run profit behaviour of firms in this kind of industry.
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