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Utilize your knowledge of supply/demand analysis and show graphically the impact of a government minimum wage of $6 hour with a market wage for unskilled workers of $7 hour with 1 million workers employed at the market wage.
Wall Street responded by increasing SkyWest's market valuation from $143 million to $1.1 billion after the arrangement was made. Explain, in economic terms, how this arrangement with Delta and United could have caused the value of SkyWest to incre..
Explain the changes in the maturity values if the yields increase 1 percent. Assume that the insurance company has no other assets. What will be the effect on the market value of the company’s equity if the interest rate changes in (b) and (c) occur?
Illustrate what two kinds of changes in the capital stock can improve labor productivity. What determines the slope of the per-worker production function.
Explain why does the US steel industry want a tariff on imported steel. Show the US steel market with and without a tariff, showing graphically why they will like a tariff.
Assume that the exchange rate between the Canadian dollar and the Euro is 2 Euros per Canadian dollar.
Briefly describe and critically possible short-run and long-run macroeconomic effects of this continuous increase of the federal fund rate
Explain how do the principles of microeconomics which you have leaned in this course apply to other nations.
Estimating the demand for money and plotting a demand curve for that estimation based on the equation: M1=a+b1(interest)+b2(time). Where a is the intercept value for the demand curve
Suppose the following output and labor hours for Russia and Germany in producing Wheat and Cloths.
The Los Angeles retail market for unleaded gasoline is fiercely value competitive. Suppose situation faced by a typical gasoline retailer when the local market price for unleaded gasoline is $2.50
Imagine there are two polluters of a given substance with the following marginal-abatement cost functions MAC1=200-e(1) and MAC2=300-3e(2) where emissions are measured in tons/year and both MAC1 and MAC2 are measure in $/ton. Draw on a graph MAC1...
Calculate the total money creation in the economy with the help of formula and how the banks create money with the help of given information.
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