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Which of the following both make a firm more likely to pay efficiency wages?
a. it is difficult to judge the quality of applicants and after workers have worked for the firm a while they tend to look for other jobs
b. it is easy to judge the quality of applicants and after workers have worked for the firm a while they tend to look for other jobs
c. it is difficult to judge the quality of applicants and after workers have worked for the firm a while they tend not to look for other jobs
d. it is easy to judge the quality of applicants and after workers have worked for the firm a while they tend not to look for other jobs.
Suppose that each worker in the Foreign country can produce two cars or three TVs. Assume that Foreign also has four workers. Graph the production possibilities frontier for the foreign country. What is the no-trade relative price of cars in Foreign?
Support your answer with data on the real GDP growth rate, the unemployment rate, and the CPI inflation rate. You may obtain these data from the Bureau of Economic Analysis website
Present in detail the following two theories/models associated with “post-Heckscher-Ohlin” trade theory. In the case of each theory/model, be sure to indicate important characteristics of real-world international trade that the theory/model is attemp..
Economics 350K: Energy Economics Spring 2016. Determine both firms' reaction functions. Draw a diagram showing the reaction functions for the two terms as well as the profit maximizing output level for both firms
What are the essence of TRIP, TRIM and GATS agreements? What are the implications of these agreements for the development of LDCs?
most powerful people in the world might be measured more powerful than most countries leaders
A tariff on textiles is equivalent to a tax on consumers and a subsidy to the textile producers and workers. A tariff lowers the real income of the country, while at the same time it distributes income from the consumers to the governments and to the..
By what percentage would GDP be boosted if the value of the services of stay-at-home spouses were included in GDP
What are the four factors which both expected and unexpected,perpetuate the business cycle.
Discuss, in brief, the various steps taken by the Government from time to time to encourage workers' participation in management in our country.
Explore in particular how the two companies respond to the macroeconomic conditions in terms of their.
The items per minute scanned at a local grocery store check-out line is uniformly distributed between 11 and 48 items. What is the probability that the items scanned per minute by a randomly selected clerk is more than 35.9? Provide your answer in de..
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