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Describe the 2011 NFL lockout . (including defining what a “lockout” is, and how that differs from other labor disputes). Define who was involved, and what their economic functions were (Hint: what kind of legal entity is the NFLPA? What kind of economic entity is it? How would you characterize the NFL team owners?). Why might the NFLPA be considered different from other labor organizations in terms of efficiency? Discuss non-economic aspects of the NFLPA as well. Use a well-labeled and explained graph as part of your answer.
q1. how did various visions of a reconstructed south fluctuate? explain how did these visions reflect the old political
Consider an economy in which production characterized by the neoclassical function Y=K^.5N^.5. Suppose, again, that it has a saving rate of .1, a population growth rate of .02 and a average depreciation rate of .03. Determine what saving rate would y..
Calculate the level of production for which the two methods have the same total costs. Compare the profits of the two manufacturers for production and sales of 200,000 units. Calculate the level of production and sales for which the two methods produ..
Elucidate how changes in government spending also taxes positively do or negatively affect the economy's production also employment.
A film processing laboratory uses 37.5 liters of developer per week and is open for business 50 weeks in a year. Administrative and other costs of ordering a consignment of developer are $15 and it costs $10 to keep one liter of developer in stock fo..
what hypothesis we can use to show whether the change in female literacy rate in both the models is significant or not.
Illustrate what would be the size of the resulting deadweight loss relative to the competitive outcome.
Discusss the effects to the equilibrium price level and GDP. Make sure to address consumption, disposable income, and aggregate demand in your answer.
Illustrate what is the fed funds rate in the banking system. Explicates howthe Fed manipulates this rate in order to achieve macroeconomic objectives.
A firm operates in a perfectly competitive industry. Suppose it has a short run total cost function given by TC= 42000 +0.001Q^2 and a marginal cost given by MC=0.002Q. If the market price is 15, what is the firm's profit-maximizing quantity?
When entrepreneurs are investing their own money, how do they decide which projects they should undertake? When political decision-makers allocate the funds of others (taxpayers), how do they decide which projects to support? Explain.
what is the social optimum quantity and price. If the government uses a tax to get producers to internalize the externality what is the net price recieved by producers
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