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Explain the questions.
1. Explain: why the rate of unemployment in the USA is higher for African American compared to average American.
2. Explain the impact of technology transfer on the labor market, make sure include, creating job and destroying job.
Suppose production of this good provides an external benefit of $10 for each unit produced. What is the efficient quantity in this market? How might the government respond to correct this market failure?
Estimate the linear trend in the data, and use it to forecast gasoline sales in the United States in each quarter of 1990.
Explain how one of the components of the GDP would help you to predict the amount of inventory to keep in stock if you were the owner of a retail store and were placing a merchandise order for the next few months.
Discuss how each of the following will affect the marketplace clearing price and quantity in each market. How does the supply and/or demand curves will shift in the following cases.
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Given the Demand curve for flyswatters Q = 500-50P, estimate the quantity demanded for the following prices.
Illustrate what are the pros and cons of alternative strategies to tackle a foreign market.
Demand and supply situtaions in the perfect competitive market for unskilled labor are as follows, Estimate the industry equilibrium price or output combination.
Use the following questions to make decision about a business idea of your choice. Be sure to write out your answers...to remember your decisions and build on them.
periodically you hear of garbage strikes. is garbage pickup a public good? does garbage create externalities? what
Discuss the difference among inflationary gap and deflationary gap.
Are better than budget deficits over the long run because unlike budget deficits, they increase saving and investment.
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