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Q. Compute the labor participation rate: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. If both the unemployment l and labor participation rates fell, how would you characterize the results?
Q. Illustrate the entry barriers exist in the fast food industry, cable tv, the auto industry, and illegal drug trade and beauty parlours?
Illustrate what is the GDP of George's also John's island in terms of clamshells.
Explain how many hamburgers does Ron produce. Illustrate what price does Ron charge for a hamburger.
Converse Elucidate how a society's social values influence the provision of also payment for health services.
The economys business cycles are not well synchronized with any of the world's largest economies and policymakers.
what is the size of the bank's actual reserves. Required reserves are 10 percent of transactions deposits under the assumptions of the simple multiplier formula, then eventually the money supply will increase by.
find out generalized least squares estimates of the relevant function(s). Illustrate what is the profit-maximizing level of output suggested by the results in part (f).
Illustrate what happen if her actual disposable income is $16,000, her level of consumption or saving will be.
Government data that computes averages, such as the consumer price index, are applicable to everyone.
Compute most favorable output also profit for each firm and the market price. Also, compute the resulting profit of cartel.
Policymakers should have a detailed knowledge and profound understanding of all theoretical models and should design economic policy based on that knowledge.
suppose that the other firm holds its rate of output constant, solve for the optimal output of each firm. What is the total profits of the two firms.
Which of the subsequent companies has recently been used by the federal government for monopoly practices
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