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Labor force participation rates tend to
(a) increase with education level for both men and women.
(b) decrease with education level for both men and women.
(c) decrease with education level for men but increase with education level for women.
(d) be unrelated to education level for both men and women.
(e) be unrelated to education level for men but increase with education level for women.
Sketch a diagram that illustrates what happened to the Bridgewaters' budget constraint. Could they have been made worse off by the change.
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If it makes sense that one type of labor can substitute for another in production, how can capital, a physical object, substitute for labor, a human being?
Supposed that you represent the shareholder board of Apple Inc. and decide to elicit high CEO effort to help the company: What will be your incentive contract plan (e.g. bonus, stock option…etc.)?
Using the standard Solow growth model (i.e., without technological change as graphed below), draw and describe the effects that war involving high casualties has on capital per worker. Assume this war occurs on foreign soil and thus does not damage t..
Each of the following statements is related to the AD-AS model. Using the labels below, decide whether each statement refers to the aggregate demand curve, the aggregate supply curve, or both. Divided into short-run and long-run measures, which diffe..
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Explain economic theory of cost including fixed cost, variable cost, marginal cost and total cost with an airline application?
Assume that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a monopolistically competitive firm. Describe the busi..
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The supply and demand schedules for tickets to basketball games in town of Oakwood are given in the table below.
Suppose a government has an initial debt of $5 trillion and the nominal rate of interest is 5%. if government keep primary budget in balance, what is the growth rate of its debt? if government keeps its total budget in balance, what s the growth rate..
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