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The long-term nature of the employment relationship:
a. motivates household members to seek market work in order to earn an income. (b) reduces the sensitivity of wage rates to changes in demand and supply. (c) is a consequence of demand and supply in competitive markets. (d) arises from the fact that labor is a factor of production which business firms need if they are to produce a market.
q1. if real salaries increase but nominal salaries do not what can be said of prices on average?q2. he second year of
Explain the unemployment rate in Tappania is higher now than is has been in 50 years. Can both of those statements be true at the same time.
Omar's marginal utility for cups of coffee is constant at 1.5 utils every cup no matter elucidate how many cups he drinks.
What is the opportunity cost of investing in capital? Do you think a country can "over invest" in capital? What is the opportunity cost of investing in human capital
Explain the effect of the following events on the interest rate in the loanable funds market. Demonstrate you answer graphically. tax revenue is lower than expected and people expect cities to default on municipal bonds. They sell thier bonds and..
Consider an income guarantee program with an income guarantee of $6,000 and a benefit reduction rate of 50%.
q.the muffler on your car suddenly needs repair also there are only two automobile repair shops in town. you drive to
Guest Corporation issued (sold) 1,000 shares of its no par common stock for $110 per share. The bylaws established a stated value of $100 per share. The transaction is recorded as an increase in contributed capital of a. $ 100,000. b. $ 110,000. c. $..
Elucidate how marketable permits can be used to tackle pollution problems. illustrate your answer with examples from the real world. what problems might a permit face? again use real life problemswere possible.
Why do points on a utility possibility curve represent efficient allocations of resources? Why must the utility possibility curve be downward sloping
none of the employees makes the effort to do so. How would you change the organizational architecture of the firm to raise profitability?
Explicates how the factors determining resource demand differ from those determining product demand.
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