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What are the advantages and disadvantages of giving unemployment benefits to the unemployed in regards to employment rent, reservation and efficency wage? Do you support this or not?
An investor calls with a stock tip. He believes that if the economy remains? strong, the investment will result in a profit of 40,000.
From an economic standpoint, evaluate the effect of a minimum wage on the market for low-wage labor. Include the following:
The weekly demand and supply functions for seats on flights between Syracuse and Boston have been estimated as follows: Qd = 1600 - 2.5 Price + .040 Income - 4 Weather + 1.20 Pa ( where Pa is the price of alternative means of travel ) Qs = -50 + 4.25..
How much money should be deposited each year for 12 years if you wish to withdraw 294$ each year for 5 years, beginning at the end of the 14th year? Let i = 10% per year.
The law of demand states that, other things equal, an increase in
The equation for the demand curve for hotel rooms in Boston is given by P=5000-0.48Qd. The supply curve is given by P = 0.02Qs. Prices are nightly rates in dollars.
i. Calculate the real income growth rate in each country. ii. Calculate the nominal interest rate in each country.
The three economic criteria for choosing the best alternative are maximize the difference between output and input
A machine costing $35,000 to buy and $4,000 per year to operate will save mainly labor expenses in packaging over six years. The anticipated salvage value of the machine at the end of the six years is $5,000. To receive a 12% return on investment (ra..
Compare the dispersion in the population with that of the sample means.
In order to host the Winter Olympic Games, the city of Vancouver incurred a large debt, which will have to be repaid over time. Reflecting on this fact, one Vancouver resident complained, “The average guy is going to see his taxes increase” [Austen, ..
Suppose the market demand function is given by: Q = 100 - 2P , where Q: total quantity, P: market price. And in this market there are two firms with MC=AV=$10. Find each of the following: Perfect competition price, quantity, and consumer surplus? Mon..
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