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In 2011, the adult population was 230 million and approximately 59 percent was employed. If the employment rate increased to 61 percent,
(a) How many more people would be working?
Instructions: Enter your response to one decimal place. million
(b) By how much would output increase if per worker GDP were $109,000? Instructions:Enter your response as a whole number. $million
Along a production possibilities frontier for real GDP and the quantity of leisure time, as leisure time increases, real GDP:?? A. decreases.? B. increases.? C. stays the same. D. could increase, decrease or stay the same.?
Give some examples of how firms in the pure monopoly or near pure monopoly business structure are able to increase profits through price discrimination.
What impact, if any, will this have the firm's AFC (average fixed cost), AVC (average variable cost), ATC (average total cost) and MC (marginal cost) and therefore these cost curves? Why?
in many sub-saharan african countries girls have lower enrollment rates in secondary schools than do boys. if
What is the equilibrium price and quantity. Illustrate what will sales be if the price is dropped to $20.
15 page term paper on International Business from economic view point. The topic is effect of corruption on Chinese and Indian economy and how India's IT sector (or could be any other sector in which compared to China the corruption is less) is ab..
consider a market where demand is p 6 - q and supply is s p q.1. equilibrium quantity qe isa. 2b. 3c.
Explain what happens to inflation and unemployment during the business cycle.
Find the change in consumer surplus, producer surplus and total surplus when Vanland decides to open their economy to trade.
Starting with the first part of the previous century, Europe had a growing economy, a flexible social structure, and a good educational system, which assisted the gradual development of modern industrialization.
Elucidate that the indirect utility fuction of quasi convex function of prices and income
Explain demand for cassette players is price elastic also they are cyclical normal goods.
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