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1. The economy of Snowland reported the following data: The labour force as 19.02 million; employment as 17.69 million and the working age population as 27.98 million. Based on these figures, calculate the following.a. The number of people employed.b. The unemployment ratec. The labour force participation rated. The employment to population ration.2. The CPI for Copa Republic was 115.9 in December 2010, 120.6 in December 2011 and 129.2 in December 2012.a. What do these numbers tell you about the price level in these three years ?b. calculate the inflation rates for the years ended December 2011 and December 2012.c. How did the inflation rate change in 2012d. Why might these CPI numbers be biased ?e. How do alternative price indexes help to avoid the bias in the CPI numbers ?
defining and understanding the elements of a group culture is essential to forging a professional identity either
What is the present worth of the total 20 payments, occurring at the end of every four months (i.e. the first payment is in four months), which is $400, $500, $600, increasing by a fixed sum. Interest is 12% nominal per year, compounded monthly.
demand supply and the determination of market price1.for a particular week in june three families - smith jones and
How do costs play into your everyday life? For example, why might it be cheaper to drive on a toll-road vs. a free-access interstate? Also, can you identify situations where you may fall victim to the sunk cost fallacy (we all do)?
If growth in labor supply is a source of economic growth, then we should just open our borders and let everyone immigrate to the U.S. Agree or disagree? When it comes to labor what matters for economic growth?
An oligopoly is a market
consider the utility function ux y -8x -8y. find and expression for the marginal rate of substitution mrsxy at any
A construction manager just starting in private practice needs a van to carry crew and equipment. She can lease a used van for $2,654 per year, paid at the beginning of each year, in which case maintenance is provide. Alternatively, she can buy a use..
Money demand shocks will not affect the output level so long as the Fed pegs interest rates. True or false? Use an IS-LM diagram to explain your answer.
select a new realistic good or service for an existing industry.write the economic analysis section of a business
Externalities. A local organic farmer spreads manure over his fields as fertilizer. It smells bad. Her neighbors are also concerned about possible water contamination. What are the conditions of an efficient resolution to this dispute
1. julian has 15 to spend this week on orange juice and muffins. juice costs .50 per bottle and muffins cost 2.00
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