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What set of circumstances will tend to cause an individual to choose not to participate in the labor force? What generalizations can you formulate on the basis of:
a - education
b - the presence of preschool children
c - level of spouse's income
d - race
e - location of a household (urban or rural) on the one hand and the probability that a married woman will be a labor force participant on the other?
II) In the US, payments to disabled workers on the average replace about half of their former earnings. In some other countries such as Sweden and the Netherlands disabled workers receive as much as 70 to 90% of their average earnings. We also observe that the proportion of workers receiving disability benefits is much lower in the US than in the latter two nations. Are these findings consistent with the work-leisure model? Explain.
Illustrate what is standard inconsistent cost. Illustrate what is the marginal cost.
Evaluate whether and to what extent the human failures that led to the disaster can and will be corrected.
Explain how does the bank's Find outing relate to economist's traditional focus on Illustrate what people do, rather than Illustrate what they say they will do.
Analyze the characteristics which make any transaction possible and justify the importance of each of the characteristics.
How would you elucidate the impact of each of the following events on a production possibilities curve for factory and farm goods (you don't need to draw a graph, just describe what would change).
What were there reason why IMB lost it advange over the computer world.
Why do farmers landowners have an incentive to maintain the productivity of their land over time.
Elucidate what policy measures can be to combat cost push inflation and demand pull inflation respectively and commet on the possible side effects of these measures.
Illustrate what are the firms ATC per unit at these three levels of production. If every firm in this industry has the similar cost structure, is the industry in long-run competitive equilibrium.
Assume that the marketplace for sweaters is perfectly competitive. The future value of a deposit in a savings account will be larger
Illustrate what will happen to the price of bonds also to money holding if the Fed changes the interest rate as a result of a decrease in the money supply.
If none of the high-cost firms makes a positive profit, how large is n. Elucidate how much profit do the low-cost firms make.
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