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Explain how labour productivity is determined. In your answer address why human capital is considered to be so vital to lifting labour productivity levels. To illustrate your understanding provide an example. Your answer should be between ½ page and a full page.
Discuss how both northerners and southerners in the early U.S believed winning the struggle over the expansion of slavery was the key to preserving their freedoms and to preventing their domination by the other section of the nation."
Explain your answer using the relationship between the aggregate demand curve and the aggregate expenditure.
In the United States there are few “permanently poor.” Income mobility studies indicate that fewer than 5 percent of those in poverty stay there. They better themselves and move up the income ladder. Given this information, do you believe we need to ..
Which of the following is a method for the Federal Reserve to control the supply of money? Open-market operations refer to the Federal Reserve: What determines the weights for calculating the Consumer Price Index?
Average citizens are not concerned about the incidence and efficiency of taxes when they debate tax issues. They are concerned primarily about the fairness of the tax system. Economists have proposed two conflicting principles of fairness in any tax ..
You supervise an aging production line that constantly needs maintenance and new parts. Last month you spent $25,000 replacing a failed controller. Should the following plan be accepted if the interest rate is 15%. The net installed cost of the new l..
In a competitive industry the market-determined price is $12. A firm is currently producing 50 units of output, average total cost is $10, marginal cost is $15, and average variable cost is $7. In order to maximize profit, the firm should
Illustrate how fast will his production and consumption grow over time. Compute the consumption of the farmer in each of the first five years under plans.
q1. the herbivores society is selling mini bbq vegetable burgers for 3.00 each. if each individual student has the
Unemployment spells and long term unemployment. According to the data presented in this chapter, about 47% of unemployed workers leave unemployment each month. What is the probability that an unemployed worker will still be unemployed after one month..
Leopold Bus Company runs daily service between Bigcity and Tinytown. It calculates that the average cost per trip (wages, gas, insurance, payments on loans, etc.) is $140. Will the sales of the standby tickets cover the average costs of the extra pas..
Some methods of initial assessment appear to be more useful than others. If you were starting your own business, which initial assessment methods would you use and why? Keep in mind the necessity of being able to measure assessments.
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