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Calculate the (1) unemployment rate, (2) labor force participation rate, (3) adult population and (4) the total population for the small town with the following statistics: employed = 1,000, labor force = 1,400, Not in the Labor Force = 1,000 and minor population of 500. How is the town doing, if the Natural rate of Unemployment (NRU) is 6% in the town?
Elucidate how the strength of the economy as a whole affected the marginal benefits and the marginal costs associated with that decision.
q.your oil company must decide whether to drill a well at a cost of 500000 on a piece of leased property or to sell the
Explain the debate on equal rights, especially as related to marriage, for gay men and lesbians continues. Would you classify this as an issue or as a problem.
If the banking system has a required reserve ratio of 10%, then the money multiplier is: If Bank A receives a $10,000 deposit and the reserve requirement is 10%, how much does Bank A have available to loan out?
Describe the Harrod-Domar growth model, and explain precisely how the model illustrates dynamic instability. Why is it often called the “knife’s edge model”?
discuss Colgate-Palmolive's revenue, gross profit margin, operating profit margin, and strategies of the firm. Explain how industry consalidation has impacted the company and make projections about the long-term prospects for the company.
q.two dry cleaners are located on a street of length 1 addresses are numbered from 0 to 1. the marginal costs of dry
its marginal costs are below total average costs. If it creates an additional watch where its average total costs rise -fall or stay the same.
Suppose that demand is given by the equation: Using the midpoint formula, calculate the elasticity for demand when the price changes from $49 to $51. Would you classify the elasticity you calculated as elastic, inelastic, or unit elastic?
Taking a code of ethics "off the wall and into the hall" can be a particular challenge for medium to large firms with a diverse array of employees.
According to economists, what is (are) the true cost(s) of a budget deficit? Does the "opening up" of an economy change the type of costs a deficit produces? Use an investment/savings diagram in your answer.
If betty produces nothing but good y, her output of good y is 20 units. She works 5 hours a day. Her opportunity cost of producing a unit of good x is 2. if betty specializes in the production of good x, what is her daily output of good x?
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