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Question: How would each of the following affect the demand or supply of workers? In each case, determine the impact on equilibrium wage and quantity.
a. Immigration increases dramatically.
b. Demand for Canadian manufactured goods declines.
c. New computerized technology increases the productivity of Canadian workers.
d. Canadian firms increase job amenities for workers.
e. Canadian workers choose more leisure.
Illustrate what do you think would be the effect of increases/decreases in the dollar's exchange value on the firm's profitability.
The Consumer Price Index in Period 1 is 107.5. It is 103.8 in Period 2. What is the inflation or deflation rate? State answer as a percentage rounded to one decimal place.
Is the GDP measure underestimating or overestimating national production and total income in the economy? Why? What are the impacts of the shortcomings of the GDP as a measure of the national product and national welfare.
There will be no salvage value at the end of the 18th year. Using i=9 percent compare the present worth of the net disbursement for the plans.
Suppose the consumer/worker values two things: a consumption good C and leisure L. Suppose that there are 24 hours in a day and the consumer/worker has a utility function U (C, L) = ln C + L The price of consumption is P and the wage rate is w: Yo..
Private and Public Goods) Distinguish among private goods, natural monopolies, open-access goods, and public goods. Provide examples of each.
Select two countries (different than Japan and South Africa) and identify major economic indicators for the last 5 years gross domestic product, gross national product, rate of inflation and interest rates.
Briefly explain the three major decisions every Manager has to take while performing the finance function.
identify an example illustrating the effect on the demand for hybrid gasoline-electric vehicles such as the Toyota Prius. Then do the same for each of the determinants of supply in Equation. In each instance, would equilibrium market price increas..
What are Session Timeout and Application Timeout? Where we have to do this process?
Write a main program which calls these functions. First, the main program calls readdata() to read a set of data into an array called numbers, which contains no more than 100 integers. The number of elements actually read is returned by the functi..
A car valued by the owner at £9,900 was insured for an annual premium of £360. The annual premium was paid by monthly instalments. A service charge of 7.5% of the annual premium was added.
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