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Do you agree with the view that job flexibility is the key to equal pay?
Express your personal viewpoints. How does equal pay affect the unemployment rate and how is it beneficial for the economy?
What distinguishes money from other assets in the economy? What are demand deposits, and why should they be included in the stock of money?
An ice cream shop read in the local paper in which the elasticity of market demand for ice cream
Explain how do you examine the higher demand has affected the equilibrium wage. In which direction do you think the labor supply and demand shifted.
Given an increase in spending of $1,000, and a Marginal Propensity to Consume of 80%, what would be the total increase in the GDP what would the Multiplier be?
1. Draw the appropriate Lorenz curve for this distribution 2. Fully explain at least four of the major contributing factors that led to this observed distribution.
Define the Relating to the situation in which the percentage change in price and quantity demanded are the same.
The manager of a local monopoly estimates that the elasticity of demand for its product is constant and equal to -2. The firm's marginal cost is constant at $30 per unit. a. Express the firm's marginal revenue as a function of its price. MR = x P b..
Discuss the various uses of public budget. Explain the politics of administrative reforms. Explain how ethical choices influence the decision making and performance of public administrators in recent times
Trade barriers (quotas and tariffs) are often used to protect domestic workers. Explain how the use of such barriers creates higher unemployment rather than protecting it.
Illustrate what are the arguments in favor of trade restrictions, and what are the counterarguments. According to most economists, do any of these arguments really justify trade restrictions.
BMW has MC=$20,000 and FC=$10billion. Demand for markets in Europe and US are Qe=4,000,000-100Pe and Qu=1,000,000-20Pu. Prices and Costs are given in thousands.
How the proposed TPP (Trans-Pacific Partnership Agreement) can benefit or hurt the U.S. economy? Please comment briefly and provide references to support your point of view.
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