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In your opinion, does the Equal Pay Act go far enough in prohibiting pay discrimination? Why, or why not? Should the proposed amendments to the EPA found in the Fair Pay Act be enacted? Why, or why not?
The income share data below for Indonesia is from the World Bank, although it has been rounded very freely. Will anything happen to the Lorenz curve? Illustrate and explain in a few words. If you’re not sure, do a calculation for one quintile and see..
Which of the following demonstrates a scenario with no opportunity cost?
Each year, the country’s 700-plus business schools produce a total of 80,000 MBAs. The number of business schools has more than doubled and the number of MBA graduates per year has increased 15 fold since 1970 with a growing demand for MBA graduates ..
What effect wills an increase in interest rates have on supply and/or demand of unskilled labour. Would wage rates increase or decrease.
suppose that the government is debating whether to spend 100 billion today to address climate change. it is estimated
On one hand, the WTO's role in international trade is becoming more significant. On the other hand, its verdict on the Brazil's Embraer versus Canada's Bombardier case did not seem to solve the problem.
Define the industry related to the product or service produced by the company you selected for your microeconomic/macroeconomic analysis papers. What are the main companies in the industry? What is the level of market concentration in the industry? T..
Budweiser (now owned by a Belgium based beer company called InBev), Miller and Coors who together produce 85% of all beer consumed in the US, each spend well over $250 million a year on television advertising campaigns, promoting their beer brands. O..
the first automobiles were built in 1901, they were manufactured by skilled workers using hand tools. Later, in 1913, Henry Ford introduced the moving assembly line, which lowered costs and speeded production.
Consider a closed economy which can be characterized by the following equations: C = 400 + 0.8YD I = 600 + 0.1y- 1000r G = 300 T = 125 (M/P)d = 0.2Y-6000r (M/P)= 400 a. Solve for the goods market equilibrium and state the equation for the AD and IScu..
You are an economic advisor to the Treasurer of the United States. Congress is considering increasing the sales tax on gasoline by $.05 per gallon. Last year motorists purchased 15 million gallons of gas per month. The legislature has stated that the..
Ernest's income elasticity of demand for natural gas is 0.4. His price elasticity of demand for natural gas is -0.3, and he spends 10% of his income on natural gas. What is his substitution price elasticity?
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