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Q. Submit a 250- to 300- word responce addressing one of the following historical events in terms of labor supply and demand: the Great Depression, the Luddite Revolt, the Black Death, or the technology boom of the 1990s. Include the following:
Illustrate what was the impact on the supply and demand of labor on one sector of the labor market? Explain the factors that affected labor demand and labor supply in the chosen historical example.
We have spent so much on our present office that we cannot afford to waste this money by moving now." Estimate the second partner's advice not to move downtown.
If this were the case would there be any automatic stabilizers in the government economy. Would there be any distinction between the full-employment deficit also actual budget deficits.
Illustrate what other additional information do you need, and how would you proceed if you had that information.
Elucidate how does a industry conclude its prices also the quantity of labor required in the resource marketplace during a specific period
Illustrate what is the level of consumption at the equilibrium level of income. Compute the marginal propensity to save for this economy.
Compare the additional income Microsoft makes as it moves from 20 million to 40 million copies of Vista with the additional income it makes as it moves from 40 million to 60 million copies of Vista.
The government wants to increase real GDP demanded to $15 trillion at the given price level
Illustrate what would be the size of the resulting deadweight loss relative to the competitive outcome.
Assume that during the last month of the tenth year of ownership, the property in Problem 2 is sold for 1,500,000. Assume also that the seller incurs transaction costs equalling 6 % of the sales price.
You own a car dealership in Chicago also are allowing for buying stock also have narrowed your choice to either purchasing stock in the Good Tires Company or American Bus.
Explain with the concept of optimization and a graph, the circumstances under which a waste site could be made "too clean".
Derive, from first principles, the equilibrium level of income. Derive the Keynesian expenditure multiplier. If T = tY, derive the equilibrium level of income.
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