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Given data for Econland: Adult Population = 180 million; Unemployment Rate = 7.5%; NILF = 56 million
a. Compute the participation rate in Econland.
b. Compute the employment rate in Econland.
Analyse and evaluate the role of different entry strategies when operating in culturally distant markets. Make reference to factors external and internal affecting the choice of foreign market entry modes.
If factor-intensity reversals were indeed prevalent in the real world, how might this fact be used to explain the Leontief paradox? If this explained the paradox, would it suggest that any given U.S. trading partner stood a better chance of conformin..
Suppose that Susan has a utility function U(D,F) = 10DF , where D is days of domestic travel, and F is days of foreign travel. Let the price of D be 100, the price of F be 400, and total income for travel be 4000. What is the set of market baskets th..
Evaluate the performance of using the composite index of leading indicators in forecasting the recession in the U.S. (you may need to search additional information for answering this question).
In macroeconomics from williamson (4th edition) chapter 11 problem 7, if the number of atms increase should not it increase the credit supply? Instead of the credit demand because of an increase in R, as it’s done in this solutions manual?
CASE: BUYING A CALCULATOR As a student you are on a very limited personal budget, but your research group has a very large budget for supplies. Next semester you will be taking a course in which a calculator with graphics capabilities will be require..
In the market of identical firms, the market demand function is Q=1000-1000P. The marginal cost is the same for all firms, mc=0.28. Characterize what is the firm’s optimal output and price when there is a single firm in the market. Characterize what ..
Nancy's Notions pays a delivery firm to distribute its products in the metro area. Delivery costs are $36,000 per year. Nancy can buy a used truck for $7,000 that will be adequate for the next 3 years. What is this investment's internal rate of retur..
What feature(s) of Medicare would cause an economist to say that “Medicare stinks as insurance”? Medicare supplement insurance is available from the commercial market and most commonly covers ‘up-front’ deductibles and least commonly covers “high-end..
Does the natural environment play any role (or any significant role) in the development of religious beliefs? Explain providing some examples. Why do some religions prohibit or encourage the consumption of certain plants and/or animals? For example, ..
Given the formal structure of the Solow model, the numbers in the first column should in principle be per-worker GDP numbers. However, for purposes of the problem.
A $10,000 par value bond with coupons at 8%, convertible semi annually, is being sold three years and four months before the bond matures. The bond is redeemable at $C, and purchase will yield 6% convertible semi annually to the buyer. The price of t..
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