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Using the perfectly competitive labor demand and labor supply model, what would happen, all else equal, to the real wage and the number of workers in each of the cases below:
A. There is an increase in the amount of physical capital as a result of positive net investment in the economy.
B. In a particular occupation, workplace safety regulations are effective in lowering the rate of workplace accidents and injuries.
C. In a particular occupation, the good that workers are producing is not as popular as it once was, leading to the decrease in the price of the good that workers help produce.
D. Social Security retirement benefits are cut and the retirement age is increased.
Work out the effects of the following changes on 1. International price of bananas 2. Output of both goods in both countries.(Show the changes in world relative supply and demand curves and the PPF of each country).
your portfolio consists of three assets that have stochastic returns. your research team has estimated that the returns
21st century electronics has found a theft problem at its warehouse and has decided to hire security guards. The firm wants to hire the optimal number of security guards.
A producer of photocopiers derives profits from two sources: the immediate profit it makes on each copier sold and the additional profit it gains from servicing its copiers and selling toner and other supplies. The firm estimates that its addition..
Suppose that the Fed's inflation target is 2 percent, potential output growth is 3.5 percent, and velocity is a function of how much the interest rate differs from 5 percent: %?V - 0.5 Ã (i - 5) Suppose that a model of the economy suggests
Most practitioners presently update MRP weekly or biweekly. Would it be more valuable if updated daily, or even on a real-time basis.
What is Nash Equilibrium output for his supposing that the two firms choose their production quantities simultaneously?
If there are internal economies of scale, why would it ever make sense for a firm to produce the same good in more than one production facility Explain why trade liberalisation has the same effect on an economy as an increase.
suppose that the money demand is given by md py0.25-isuppose that nominal income is 100 and wealth is 500 and that the
Explain who would the main beneficiaries be of tying Social Security
Suppose the U.S. economy is in a recession which came from a negative AD shock. To provide consumers with an incentive to spend more of their disposable incomes, Congress and the President pass a law making it illegal for an individual to hold more ..
Describe what your chosen state can do to increase the supply of nurses. Include at least one appropriately cited and documented quotation to support a point.
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