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1. Some city governments require that all city employees live within the city limits. What impact does this have on labor supply and the elasticity of demand for employees of a city with such a requirement?
2. One innovation in railroads has been to eliminate the caboose from trains, cutting train crews from 4 workers to 3. The unions resisted this because of the loss of jobs. Is the concern legitimate? Would removing the caboose cause a decline in total railroad employment? Consider the short-run and long-run effects. What factors does the answer depend on?
Develop a plan to propose taxes for your town, create a report in that what are the main factors that you will consider while selecting taxes to be imposed on Small Business Owners, Property Owners, and Individuals.
A purely competitive wheat farmer can sell any wheat he grows for $30 every bushel. His five acres of land
The economy is made up of C and I and is currently at full employment. If consumption is $5 trillion while savings is $1 trillion, what is current investment according to the Classical economists? Suppose consumption falls by $500 billion what will h..
Cameron visits a sporting goods store to buy a new set of golf clubs.
Many of the miles are on dirt roads. From an asset ownership point of view, what type of car should he buy.
If the company were to build the bridge, illustrate what would be its profit-maximizing price. Would that be the efficient level of output.
Complete the columns for to conclude the profit maximizing output for this firm. Draw the relevant graph to show the profit maximizing output.
What level of money supply should the central bank set next year if it wants an inflation rate of 4%? What growth rate should the central bank set for the money supply if they want inflation to be steady at 2% per year?
q.michael likes to eat chips and ice cream. michael purchased 10 units bags of chips at 2 per unit and his marginal
Identify also Talk about an industry or a marketplace segment companies were the "wrong" size for the long term.
q1. what happened why did you leave the question and suddenly demand higher price?q2. how do i calculate the change in
Distinguish between the crowding-out effect also the Ricardo Barro effect. Elucidate how are the 2 effects related
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