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Recently Bill Gates, the CEO of Microsoft, testified before Congress that he could not employ enough highly skilled computer engineers.
He blamed this on the government's strict immigration quota that has limited the number of these professionals legally entering the U.S. and taking jobs at companies like Microsoft.
What effect does this have on the supply and/or demand curves?
Project managers do a lot more than calculations and reporting; they must keep the team on track, ensure ethical decisions are made, deal with conflict, and, depending on the type of organization, they may perform employee evaluations, issue bonus..
Case study: rent ceilings in New York City. Suppose the demand and supply curves for rental housing units have the typical shapes and that the rental housing market is in equilibrium. Then, government establishes a rent ceiling below the equilibri..
Show all calculationsAnswer the next questions (Parts A and B) on the basis of the following cost data for a firm operating in pure competition.
Describe the following statement: "In competitive market the least-cost production methods are revealed by entry and exit, while in public utility regulation they're revealed by commission rate hearings. It is easier to fool commissi..
Suppose that a risk-free investment will make three future payments of $100 in one year, $100 in two years, and $100 in three years.
Based on current dividend yields and expected capital gains, expected rates of return on portfolios A and B are 11 percent and 14%, respectively. The beta of A is 0.8, while that of B is 1.5.
To what extent were monetary factors responsible for the recession of 1981 and 1982? Provide a full analysis and be specific. Please site references where appropriate.
Illustrate what would be various variations and perspectives from current economic downturns
Suppose consumer income declines in the market for bologna, an inferior good. At the same time, the number of bologna producers decreases. Therefore, the equilibrium price of bologna will _____ and the equilibrium quantity will _____.
suppose that you can work anywhere form 0 to 24 hours per day at a wage of 1 per hour. you are subject to a tax of 50
Is it wrong to use the total income test for elasticity, when there is a direct relationship between price and total revenue the demand is elastic.
The Impact of Government Debt on Interest Rates - What is the cross country evidence in favor of higher government debt resulting in higher interest rates
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