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Several believe that wage inequality in the United States will generate shifts in labor markets such that gap between most highly skilled in the population and least skilled will start to fall in the near future. Describe the theoretical reasons for claim.
A major cereal manufacturer decides to lower prices from $3.60 to $3.00 per 15-ounce box. If quantity demanded increases by 18 percent, determine the price elasticity of demand?
In 2008, box industry was perfectly competitive. The lowest point on long run average cost curve of each of the identical box producers was $4,
Assume the rural wage is $1 per day. Urban modern sector employment can be obtained.
Suppose you are an advisor to President Obama. Illustrate what fiscal policies would you put in place.
Explain how the below game should be set-up, played and solved a consumer decide.
Explain how supply and demand analysis is used to describe the extent to which taxes can be passed on to others.
Some real estate economists have argued that anchor stores in shopping malls create significant externalities for overall sales.
Suppose that yi receives $ 60 per day as interest on inheritance and her wage is $25 per hour, and she can work a maximum of 16 hours per day at her job. draw her daily budget constraint.
Illustrate a supply or demand curve shift for the following article-The majority of grain and oilseed futures are traded on the Chicago Board of Trade (CBOT). Government estimates released on Monday, January 12, 2009 sent CBOT grain and oilseed
Is this a good model for unemployment? What would you add to study the problem more completely? What assumption does this model make regarding unemployment
Discuss the use of Gross Domestic Policy (GDP) to measure the business cycle. Discuss the roles of government bodies which determine national fiscal policies.
Illustrate what are the dividend payout ratios for each firm. What are the expected dividend growth rates for each firm.
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