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Simon Langlois studied government employment in Quebec. He found that even though the government had made efforts to formalize recruitment, over 40 percent of those surveyed found their jobs through personal contacts. In the majority of those cases, the personal contacts were fairly casual, not close friends. What principle is demonstrated here?
the strength of weak ties
the power of strong triads
the way reference groups affect people s behavior
the role group cohesion plays in determining behavior
the power of groupthink
The filling variance for boxes of cereal is designed to be .02 or less. A sample of 41 boxes of cereal shows a sample standard deviation of .16 ounces. Use ? = .05 to determine whether the variance in the cereal box fillings is exceeding the design s..
Consider a firm using labor and capital as its only inputs. The price of capital is $40 where the price of labor (wage) is $60. Using 500 units of labor and 500 units of capital the firm is producing 1200 units of output. Write the firm's isocost equ..
What is the efficient number of crabbers - suppose the government wished to promote efficiency in crabbing by requiring crabbers to purchase licenses. How much should they charge (per day) for a license?
What is Soroush’s income elasticity of demand for Good 1? C. What is Soroush’s income elasticity of demand for Good 2?
It is unclear to a economic novice like me why OPEC is not cutting down production and raising oil prices. I have read several journalists commenting upon this on the internet but perhaps an economist can explain this current fact better.
The supply of and demand for bank reserves determines the
q1. assuming the abc bank has excess reserves of 5000 it could prudently expand its loans by a maximum of?q2. the
Find the annualized implied repo rate on a T-bond arbitrage if the spot price is 112.25, the accrued interest is 1.35, the futures price is 114.75, the CF is 1.0125, the accrued interest at delivery is 0.95, and the holding period is three months.
Explain how would each of these traps impact the production possibilities frontier.
q1. assume the following model of expenditure sectorsp c i g nxc 420 45yd yd y - ta tr ta 16ytr0 100i0 160g0
Given the following information about the economy of Pakistan, calculate Pakistan\'s GDP. Note that the currency of Pakistan is the Rupee. Assume that the values are all current and no conversions need to be made.
From a purly business standpoint, do any issues arise from contracting with an international- based versus US based BPO service Firm?
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