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Suppose the world price of cotton rises. The demand for labor among cotton-producing firms in Texas will (increase or decrease). The demand for labor among textile-producing firms in South Carolina for which cotton is an input will (increase or decrease). The unemployment resulting from such sectoral shifts in the economy is best described as (structural, seasonal, frictional or cyclical).
Which of the following polices would reduce the natural rate of unemployment in the economy?
A. Taxing the price of placing a resume or posting a job opening on a job search website.
B. An improvement to a widely used job-search website that allows it to match workers to find vacancies more effectively.
C. Establishing government employment agencies to connect unemployed workers to job vacancies.
Discuss the pros and cons of free trade, considering the perspectives of both advocates and critics.
Suppose the owner of the trawler can sell al the fish caught for $75 every 100 pounds also can hire a man crew members as desired by paying them $150 every week.
consulting project estimation and analysis of demand for fast food meals using the data in table 1 specify a linear
The U.S. continues to experience a relatively high level of unemployment in its workforce. When analyzing a two-good production possibilities curve (PPC), where would you expect to find a point that reflects this unemployment?
Why is a vending machine, which requires payment for each snack purchased, used to sell snacks, while a newspaper can be sold out of a box that allows anyone to take more than one paper?
How does economic cost work? I know that economic cost: cost of resources used to produce a good, this includes opportunity cost. I don't understand how opportunity cost is included in that though, can someone give me an example?
Why do governments prefer to avoid excessive current account surpluses? Or, why are growing domestic claims to foreign wealth ever a problem?
According to the law of increasing opportunity cost,
Suppose that consumer price index at year-end 2011 was 150 and by tear-end 2012 had risen to 160. What will be the inflation rate during 2012?
Based on Figure 1 if the Mexcian government imposes a per-unit tariff of $2.5 on calculators, the total quantity of calculators produced by Mexicans producers at equilibrium with international trade is
What is the elasticity of supply in that range of the supply curve? How much tax revenue does the government collect?
q1. consider the labor market for health care which initially is in equilibrium. suppose the output price for health
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