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The number of people employed in a city was 128,000. The adult population was 201, 000 and the labor force participation rate was 67%. Based on the figures listed above, what is (1) the unemployment rate, (2) labor force participation rate, (3) number of adults in the "not in L.F." category and (4) how is the economy doing, compared to what? Show your work here
The assignment is to determine the same information on the "Demand for Gasoline" tab using the information in the example of the "Demand for Jet Fuel" tab. Unfortunately, I do not have Excel and cannot figure out how to solve this using Open Office.
The relationship between the government's budget deficit and its spending is:
Suppose you read in an industry publication that the Rothschild index for the petroleum industry is 0.88. Based on past experience, you know that the price elasticity of demand for the petroleum products sold by your firm is ?1.5.
A piece of equipment costing $57,500 is being considered for a production process at Dew Chemicals. The expected benefits per year are $4,500 and estimated salvage value is $10,000. Determine the rate of return the company can get in this equipment p..
Discuss the effects of HIV/AIDS on the economies of african countries. Making sure to discuss the sources of economic growth and the use of scarce resources.
describe how each of the 4 factors contributed to the elasticity of the good. Is the product considered elastic, inelastic, or unitary elastic.
What determines price elasticity of demand for a product. key determinants of price elasticity of demand are as follows: i. Availability of close substitutes- gas stations across street, very elastic.
Describe the demand and marginal revenue curves faced by a firm in a purely competitive market. Are they different from those faced by a firm in oligopolistic competition? If so Why?
Assume the Bills have the chance to offer a season ticket that is good for all eight home games, a partial season ticket that is good.
According to studies undertaken by the Department of Agriculture, the price elasticity of demand for cigarettes is approximately -0.3 and the income elasticity is approximately 0.5.
Based on the standard labor demand model, in the long run, what do you expect to be the scale and substitution effects of a decrease in r (the price of capital) on the amount of labor demanded? What is the predicted total effect?
At the same time some internet trades such as grocery home deliveries have continually suffered steep losses regardless of scale.
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