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Question: There is an increase in the labor endowment of a country due to migration. Think about the huge influx from Russian Jews into Israel after the end of the Cold War. Show graphically what happens to the output mix in Israel -- you may assume that nothing changes to technology and that the international Prices stay the same. Use the Lerner Pearce diagram (the graph with the unit value isoquants and unitcost lines). Put capital on the Y and labor on the X axis. Assume two goods: good 1 is labor intensive, good 2 is capital intensive).
Participation in the labor force is a personal decision that can be illustrated using indifference curves and budget constraints.
How can trade liberalization exist on a nondiscriminatory basis versus a discriminatory basis? What are some actual examples of each?
Results for Linear Demand Curve Estimation. Kenny Mcormick manages a 100-unit apartment building and knows from experience that all units willbe occupied if rent is $900 per month.
The LEI, consumer expectations, and ISM (then NAPM) surveys all predicted a much more robust recovery in 1991-2 than actually happened.
A group of people is offered two scenarios and asked which they would prefer: (A) a 3 percent wage decrease in a world with no inflation.
Explain the role that government regulation plays in controlling the otherwise monopolistic tendencies of a real-world market
Within each of the following pairs of workers, which worker is likely to earn more and why? (It may be obvious which one is paid more.
In a local market, the monthly price of Internet access service decreases from $20 to $10, and the total quantity of monthly accounts across all Internet access
analyze the process of forecasting foreign-exchange rates and create a short list of best practices. explain your
describe an experience where you have worked with or know someone with problems associated with shift work. what were
Explain carefully why it makes better sense to shut down rather than continue to operate or to continue to operate rather than shut down, as the case may be. How do fixed costs play a role in your analysis?
Should food and beverage advertising to children be banned? What about for other types of products as well? Is it unethical for food companies to target their ads towards children? In a period when most parents are working, how are children to be pro..
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