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Assume the following data for a country: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. What is the size of the labor force? What is the unemployment rate?
q. a business employing 8 workers to produce commemorative t-shirts for campus events organizations. they are currently
The cost of repairing the valve now is $10,000; and of replacing it is $20,000. If the criterion is to minimize expected costs, which alternative is best?
Illustrate the effect on the marketplace for a hr. of babysitting services 30 yrs into the future when children born today.
A firm in a perfectly competitive market invents a new method of production which lowers its marginal costs. Illustrate what happens to its output.
Which of the following is viewed as a fundamental building block of the U.S. economic way of thinking?
Illustrate what is Nurd's equilibrium level of income. Illustrate what is likely to happen in the coming months if the government takes no action.
What is the function, as well as what are the main ingredients as well as connections within the policy planning network doing off describes.
Explain how “Black Markets” impact economic actives: Please explain in detail and use a supply and demand graph for your examples
Problems in the banking system eroded international confidence in Southeast Asian economies including those of Thailand, South Korea, and especially Indonesia which eventually leaded to the Southeast Asian crisis in 1997-98.
If a country desires to have stable prices (or low inflation), why not simply pass a law that prohibits firms from changing prices? Elucidate pros and cons associated with this case.
Rivalry is especial destructive to probability if:
Which of following is equivalent to marginal propensity to consume. If incomes increased by $20,000, government purchases are fixed at $10,000, investment spending is fixed.
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