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Which statement is true?
a) Today more workers in the US are members of labor unions than any time in our history.
b) Today labor unions are weaker than any time in the last 100 years.
c) No major labor union has called a strike since the 1940s.
d) Labor unions are relatively strong in the public (government) sector.
q1. why does a reduction in taxes have a smaller multiplier effect than an increase in government spending of an equal
Under monopoly, still with the price PW which is again label triangle of consumer surplus and the triangle of producer surplus.
A hotel owner, having heard that new hotels plan to open in his area, saysl "We have too many hotels in this town already. Statistics show that vacancy rates average 20 percent on any given night." Assuming this is correct, evaluate his negative a..
After reading about the Solow growth model, which concludes that continued economic growth requires continual innovation, and Schumpeter’s dynamic growth model, does the combination of these two models provide an adequate model of technological chang..
Margaret and her friend, Julia, walked out of the car dealership and climbed back into their car. "Well, what do you think?" Julia asked. Margaret shook her head. "I didn't understand what Mel (the salesman) was talking about ... especially about the..
Important determinants of the demand for workstations and must therefore be included in the study. How would you respond to this implication.
What is now the effect on gold consumption and mining of an increased use of gold as money.
Consider a Cournot duopoly with the inverse demand p = 130 ? Q. Both firms have constant marginal and average cost MC = AC = 10. Find the Cournot-Nash equilibrium output and profit of each firm. Calculate the consumer surplus and DWL.
what output level should you operate to maximize profit? What price should you charge? How much will the industry as a whole produce?
Where does the national unemployment rate stand relative to the Natural Rate of Unemployment
Elucidate what prices he should charge in two markets. Illustrate quantities be should sell in the two markets.
Recently, the owner of a Trader Joe’s franchise decided to change how she compensated her top manager. Last year, she paid him a fixed salary of $75,000 and her store made $130,000 in profits (not counting payment to her top manager). She suspected t..
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