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How to keep an employee from shirking
Suppose you plan to quit your job in 6 weeks because you have saved enough money to move to California where you can indulge your interest in rock climbing. How can your supervisor keep you from shirking your duties during your last weeks at work?
For an unknown reason, aliens kidnapped all immigrants residing in the US. One morning America wakes up and finds that the only people left in the country are American citizens, while all legal and illegal immigrants are gone.
Assume you received a four percent increase in your nominal salary.
Illustrate how is the magnitude of each affected if, instead of a moderate inflation, hyperinflation occurs.
Economic forecasters predicted that consumption also GDP would increase because of higher refunds on income taxes.
Assume that an engineer is deciding either not to move to northern Virginia or remain at his current job in Milwaukee.
Suppose that there are N firms in a competitive industry-Calculate the number of firms that will be in the industry in the long run and what will be the profit of each? Explain.
Prepare a table/graph for inflation in "your country" (use North Korea for the country; if no data is available, use India) for about the latest ten year period for which you have data.
Explain how the distinction between expected and unexpected inflation is important to the distributional effects of inflation.
Marketing research shows that the price elasticity demand coefficient for the widgets
Explain why is efficiency lost at the extremes as when substantially more of one good and very little of another is produced?
Explain how advertising can be employed to allow Tots-R-Us to keep price average above cost without encouraging entry.
Explain why do you think that whenever the government needs to raise their revenue they usually decide to increase the tax on items such as gas
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