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1. Consider an economy with two labor markets, neither of which is unionized. Now suppose a union is established in one market. a. Show the effect of the union on the market in which it is formed. In what sense is the quantity of labor employed in this market an inefficient quantity? b. Show the effect of the union on the non unionized market. What happens to the equilibrium wage in this market?
2. What are the three categories into which the Bureau of Labor Statistics divides everyone? How does it compute the labor force, the unemployment rate, and the laborforce participation rate?
Discuss how leaders identify and formulate effective change to address stakeholder expectations. Analyze how organizations need to improve with respect to employee and customer responsiveness to meet objectives.
The number of repairs manufactured by a computer repair shop depends on the number of employees as given follows:
Illustrate are some of the clever strategies that landlords might use to create a black market.
The average price/gallon of gass in July over the past 4 years was $2.74, $3.65, $3.45, and $3.63. Use linear regression to predict the price of gas the following year? How would I set up this problem? Do I use years as my x variable?
Consider an economy that produces only chocolate bars. In year 1, the quantity produced is 3 bars and the price is $4. In year 2, the quantity produced is 4 bars and the price is $5. In year 3, the quantity produced is 5 bars and the price is $6. ..
Illustrate and discuss the questions that emerged from Walras research strategy.
What is the sacrifice ratio in this case? What is the role of central bank credibility in disinflation process and For how many years must the central bank keep the unemployment rate above the natural rate of unemployment
A tariff I ssimply a tax on imports. Use our model of the excise tax (with diagram) to expain why domistic firms request that tariff? Consider both the domestic and the foreign country in your answer
Rachel utility function is given by U= I 1/2 , where I represents annual income in thousands of dollars. Assume Rachel is currently earning income of $23,000 (I =23) and can earn that income next year with certainty.
What do you think that Antitrust Department should punish Google for being a "monopolist". Did the author of the article think so.
Katya is a freshman with a 3.0 grade point average. She studies diligently, but experiences severe anxiety before tests because she doesn't believe that her efforts will make a difference. It is almost the end of the semester and Katya must do wel..
Elucidate do labor unions have a role to play today. How important is this role.
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