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During the fall 2012, public school teachers in Chicago went out on strike over, among other things, salary and pay systems, performance reviews based on standardized test scores, and job protection for laid off teachers. Some people argued that the strike was evidence that the teachers’ union was too powerful. Where does the teachers’ bargaining power stem from? What factors place a “check” on teachers’ bargaining power?
Explain is there a relationship among the age of an unemployed individual and the number of weeks of unemployment.
Suppose demand conditions in industries X and Y are identical but that productivity increases by 5% in industry X and 2% in industry Y. If economy-wide productivity and the average wage each rise by 3%, we should expect that:
Why do pork also lamb have comapritively high price elasticities of demand compared with the other foodstuffs in the table.
Romer Model Consider an endogenous growth model-Use equation (2) to solve for the growth rate of technology ga Your answer should only include l, z, N. Use your answer in part (a) and A0 to write an equation that determines what At would be for any t..
q.the inverse market demand for mineral water is p200-10q where q is the total market output and p stands for price of
Statements best describes the twelve Federal Reserve Banks - When the Federal Reserve buys U.S. government securities on the open market. this tends to bank reserves and the money supply
If the real wage is equivalent to the marginal product of labor such that w=MPL=9, how much labor will be demanded? What happens to the demand for labor when the real wage declines to $5? Now assume that the capital used in the production process is ..
q1. elucidate average costs are minimized when marginal costs are at their lowest point.q2. the provide side economics
A nation's net foreign investment position will worsen or decline if it's balance of payments shows a
Monetary policy is clearly superior to fiscal policy in that it suffers less from..
The total surplus (TS=PS+CS) under the old tax per unit was $2000. Next, government reduces the tax rate such that the total government revenue drops $200 below its previous value and DWL drops $100 below its previous value, what can be a possible ne..
q.assume that we have a expenditure function of the form c 220 0.9timesyp where yp is permanent disposable income.
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