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The article "Workers Grow More Dissatis?ed" in the San Luis Obispo Tribune (August 22, 2002) states that "a survey of 5000 people found that while most Americans continue to ?nd their jobs interesting, and are even satis?ed with their commutes, a bare majority like their jobs." This statement was based on the fact that only 51 percent of those responding to a mail survey indicated that they were satis?ed with their jobs. Describe any potential sources of bias that might limit the researcher's ability to draw conclusions about working Americans based on the data collected in this survey.
If the cost of producing Newton's Donuts is constant at 0.15 per donut, shoud they reduce the price and thereafter, sell more donuts (assuming profit maximization is the company's goal) ?
why do keynesian economists believe market forces do not automatically adjust for unemployment and inflation? what is
BudgetSurplus: The amount by which government revenues exceedgovernment expenditures in a given year. PublicDebt: The total accumulation of the FederalGovernment's total deficits and surpluses which have occurredthrough time.
Many cooks view butter and margarine to be substitutes. If the price of butter rises, then in the market for margarine:
analyze the determinants of the price elasticity of demand and determine if each of the following products are elastic
Do you think the overall level of R&D would rise or reduce over the next twenty to thirty years if the lengths of new patents were extended from twenty years to, say "forever"?
In other words, would the classical economist feel that contractionary monetary policy has the same impact on the economy as the Monetary Transmission Mechanism discussed in the previous question
You're advising a friend who has a decision to make regarding Social Security. He is about turn 62 years old, and is eligible for early Social Security benefits. His early benefits would amount to $677 each month.
Suppose that a producer raises the price of a good from $4 to $7, and the quantity sold drops from 250 to 200 units. It is demand for the good elastic or inelastic?
rose arena is the production manager for a manufacturing firm that produces buggy whips and other items. the annual
For each of the following events, explain the effect it would have on a pizza restaurant's short-run costs. Draw a separate graph asked in each part. (a) The payment for fire insurance policy increases. Draw the change in the AFC and TFC curves if ..
According to the BLS, the CPI rose 3.8% in August of this year compared to a year earlier. Food prices rose 4.6% and clothing prices were up 4.2%, while new car prices rose 3.8%, and medical care was up 3.2%. What percentage change in the CPI up unti..
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