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Q1. Suppose the parliament passes legislation making it more difficult for firms to fire workers (e.g. law requiring severance pay to fired workers) if this legislation reduces the rate of job separation without affecting the rate of job finding, how would the natural rate of unemployment change? Do you think that it is plausible that legislation would not affect the rate of job finding? Why or why not?
Q2. The supply is Nerf balls Qs = -100,000 + 8,000p and the demand is Qd = 140,000 + 2Y - 7000p, where Q = Nerf balls per month, p is the price (in cents) of one Nerf ball, and Y is income in dollars. Initially, Y is $30,000. The government imposes a tax of 10 cents per Nerf ball. What percent of the tax is borne by buyers? If income rises to $40,000, how much will tax revenue rise?
Imagine you are a manager for the good or service used above. From the results of the regression equation, suggest strategies to either maintain demand.
Explain why this formulation of consumption may provide a more accurate description of consumption than the simple consumption function that depends only on current income.
Remain in mind about your paper that is going to be read by people without previous knowledge of game theory.
The bank and pays interest at the market interest rate of 4 percent. Is it correct to say that the cost to Mary of living in her house is less than the cost to John.
Compare social welfare under the bribe with social welfare in the case where the police officer always abides by the law.
A competitive advantage furthermore earns a life span income of $6 million moreover the non-steroid user earns $1 million.
How large is the bias in the CPI due to not immediately incorporating new goods.
The difference between the cost to produce the CDs and the price you paid for them spending $30 on two new CDs spending $30 on dinner and a movie with your friends.
Based on the revised (1997) merger guidelines, would the Antitrust Division likely challenge a proposed merger between.
Evaluate the financial performance of the company using the information providedin scenario. Consider all the key drivers of performance, such as company profit or loss.
Semiconductor chips are used to store information in electronic products, such as personal computers. One of the early leaders in the production of these chips was Texas Instruments (TI).
Provide an appropriately labeled boxplot of the data below and use a randomization test to examine whether the null hypothesis holds that male and female turtles have the same mean serum cholesterol.
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