The wage setting equation, Management Theories

Assume the firm mark up over the cost is 10% and the wage setting equation is W=P (1-u) where U is the unemployment rate.

a)   Search the real wage rate implied by the price setting equation.

b)    Examine the natural rate of unemployment.

c)    Place the wage- setting and price setting equation or a property labelled graph and identity the nature rate of unemployment.

Posted Date: 3/20/2013 5:41:36 AM | Location : United States







Related Discussions:- The wage setting equation, Assignment Help, Ask Question on The wage setting equation, Get Answer, Expert's Help, The wage setting equation Discussions

Write discussion on The wage setting equation
Your posts are moderated
Related Questions
"A group formation passes through various stages".Explain the various stages of group formation.

Direct Indirect and Human Mechanical Observation: Direct Indirect Observation : In direct observation the behaviour of a person is observed. On the other hand indirect ob

This case has been framed in order to test the skills in evaluating a credit request and reaching a correct decision. Perluence International is large manufacturer of petroleum and

what are fmcg approaches to test marketing

ABC Ltd. has an investment opportunity available which will involve a capital outlay in each of the next 2 years and which will produce benefits during the following 3 years. A sum

Discuss the major benefit of having organisational goal.

A town has three gasoline stations,Petroco,National,and Gascorp.The residents purchase gasoline on a monthly basis

what are the advantages and disadvantages of management science


Q. What is Decision tree analysis? This is the method utilizes for making decisions under uncertainty and risk-In this model before arriving a decision different option are con