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Suppose the adult population over the age of 16 is 237.8 million and the labor force is 153.9 million (of whom 139.1 million are employed). How many people are "not in the labor force?" What are the proportions of employed, unemployed and not in the labor force in the population? Hint: Proportions are percentages.
What lessons can be learned for low-income countries from botswana's economic successes?
developing dynamic comparative advantage doesnt always work.nbsp a notable case was in scotland were there was an
There is much discussion in the press about several states moving to legalizing marijuana, either for only medical purposes, or more extremely, for recreational purposes. Looking only at the economic impact (not moral implications) of such changes in..
A pet store is considering adding an employee discount of 25 percent off anything in the store to the benefits the employees already receive. What are the long-run implications of adding this benefit to the wages that its employees receive and to the..
Suppose option A has a higher variance than option B. Which of the following statements is, in general, true?
Which of the following events would most probable cause the nominal interest rate to fall? Which period in U.S. economic history was not characterized with inflation? If the aggregate supply curve shifts leftward, Gauged unemployment includes discour..
Sales associates carry personal digital assistants to relay information on fashion trends and customer demand back to the company's team of 200 designers in Spain. Real-time sales data allow the factory to increase production of items that are sel..
Which of the following best explains why elasticity varies along a linear demand curve? Labor demand is more elastic when: Unions are likely to be less successful in negotiating higher wages in those labor markets in which:
A firm with U shaped average cost curve finds that its revenues exceed cost when it sets price equal to marginal cost. On which part of the average cost curve is the firm operating?
Calculate the total income of the village in equilibrium and what kinds of rules would the need to institute?
What is kenyas factor of production for their land and labor. which means what percentage do they use their land for what.
Determine the firms profit maximizing quantity. Show your outcome on a graph. What is the firm's profit? Compute the point-elasticity of demand at the profit-maximizing output.
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