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1. Explain how you would create a government program that would give an incentive for labor to increase hours and keep labor from falling into the poverty trap.
2. To reduce income inequality, should the marginal tax rates on the top 1% be increased?
Show the effect of Business Cycle on Inflation. Show the effect of Business Cycle on unemployment. Show the relationship between employment, inflation and business cycle
assume which the benefit to the villagers of each additional cow grazing on the commons declines as more cows graze
You have just graduated from college and received a job offer from a local company as a project engineer. The job pays an annual base salary of $55,000, which is paid at the end of every year. You will receive a salary increase of 4% per year, plus a..
Illustrate scarcity, choice also prospect cost with the aid of a diagram demonstrating a production possibilities frontier
What is the effect of bad weather for farming or some other temporary decrease in the availability of raw materials?
Consider now an economy where you need to search for a job. Let b be the fraction of people that do not have a job and are searching for one. Here active population and working age population do not coincide. Let s be the job separation. Write the eq..
Employees bear the cost and earn the returns on investments in general training and employers bear the cost and earn the return on specific training. Is this statement true, false, or uncertain? Give an economic justification for your answer.
Suppose that the cost of a unit of capital is r and the price of a unit of labor is w and the level of output is y. Write down the long-run total cost as a function of w, r, and y.
Create a draft of the graphs, summaries, and tables. You will be evaluated on the correct use of Minitab in performing the statistical tests. The results and analysis will be incorporated into your final paper.
Identify whether all the elements of negligence are present and, if so, who or what entity will be sued successfully:
Should the SEC change their regulations of public corporations to require only annual reporting of operations? How might this impact stock price in the short term?
How did Cummins use regulation as an opportunity?
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