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1. Briefly describe the hedonic theory of wages?
2. What are all the costs and potential benefits of undertaking migration as an investment in human capital?
3. Using the theoretical analysis discussed in class, what is the impact of immigration into the United States on
a) equilibrium wages,
b) equilibrium employment, and
c) public funds?
Explain what negative externalities are, and why there may be a case for government intervention to address them. Describe some of the ways to correct the negative externalities and the pros and cons of each method. Provide real life examples.
Briefly discuss the impact of rational self-interest on each of the following decisions. Whether to attend college full time or enter the workforce full time.
As an economist working at the International Monetary Fund, you are given the following data for Japan: observed per capita GDP, relative to the United States, is 0.760; predicted per capita GDP, given by y=k^1/3, is 1.06. What is total factor produc..
A bridge has maintenance costs of $80,000 now, $100,000 seven years from now, and annual costs of $10,000 per year starting in year 10 and lasting forever. What is the equivalent annual cost if the interest rate is 10% per year?
Create a mind map to illustrate the ways that human behavior has influenced the formation and implementation of the policy. You may complete one of the provided templates or create your own. All maps must include a minimum of 7 influential factors.
What do temporary changes in the tax code do for incentives? Does this encourage long term planning? Should the government encourage long term planning? Should the Government use tax policy to change behavior?
The third through sixth payments are $1000 greater than the first two. Determine the size of the first (end of period 1) payment.
q1. a express total profits pi in terms of q.b elucidate total profits maximized at which level of output? what price
Bribes: Two players find themselves in a legal battle over a patent. The patent is worth 20 to each player, so the winner would receive 20 and the loser 0. Given the norms of the country, it is common to bribe the judge hearing a case.
What is soft gatekeeping?
You purchased shares of a mutual fund at a price of $29.50 per share at the beginning of the year and paid a front-end load of 4.5%. If the securities in which the fund invested increased in value by 11% during the year, and the fund's expense ratio ..
Describe what is meant by the Diagnostic-Related Groups. Please supply reference, no copy and paste and please no Plagiarism
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