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Consider the country you have been assigned. How is unemployment there different from unemployment here? How does this affect the measurement of unemployment? What are the differences between there and the US in the prevalence of the underground economy? How does this affect measurement of unemployment? How was unemployment in the country you were assigned affected by the global financial crisis of 2008 or the recession of 2009?
q.marys fence post factory faces a perfectly elastic demand curve for fence posts at a price of 39 per post. let q
Discuss the effect the credit market crisis in the United States in 2008 had in the market for existing single-family homes. Assuming the demand for existing single-family homes is relatively inelastic, what is likely to happen to the total revenues ..
In its rivalry with Westinghouse, General Electric instituted a "price protection" plan. This plan stated that if GE lowered its price, it would rebate the price difference to its past customers. Show that this plan makes collusion between GE and Wes..
The city government is losing millions of dollars on the mass transit system (buses and subways). The government proposes to increase the fare of a ticket by 20% to raise revenue and has asked your advice. You know that the price elasticity of demand..
Show analytically that equilibrium price under Cournot is greater than price under perfect competition but lower than monopoly price.
If a sample of 110 artists was taken, find the average value above which only 15% would lie. Give your answer in dollars to the nearest dollar.
Using a certain quantity of resources, workers in the fictitious country of Iguania can produce 4 bottles of penicillin or 12 loaves of bread. Using the same resources, workers in another fictitious country, Chamelia, can produce 6 bottles of penicil..
In trip calculation, it is observed that a Wal-Mart store driver successfully made a total of 104 trips in a given period of time. During field calculation, it is shown that the calculated number of trips is actually 128. What is the value of the adj..
Derive and plot Hugo"s Engel curve for donuts. Explain how much does his weekly budget have to rise for Hugo to buy one more donut per week.
To continue operating, the college must receive payments equal to its total costs (that is, total fixed costs + total variable costs). If the college charges all students the same tuition, illustrate what tuition can it charge to cover all of its c..
Is this commitment irreversible. Analyze Fiat's entry in term of Ghemawat's framework for analyzing commitment.
In general, correcting income distribution data for taxes and transfer payments results in:
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