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In a country with a labor force of 200 people, a different group of 10 people becomes unemployed each month but becomes employed once again a month later. No others outside these groups are unemployed.
A. What is the country’s unemployment rate?
B. What is the average duration of unemployment?
Explain why the industry supply curve is not the long run industry marginal cost curve. 3. In long-run equilibrium, all firms in the industry earn zero economic profit. Why is this true?
Pretend you are a neoclassical (free-market or environmental economist), new institutional (transaction cost or ecological), and instutional economist-from the perspective of the cost benefits of "going green" for major utilities (electricity, was..
Knowledge of economic theory to describe how these policy responses were expected to reduce the health hazards of alcohol consumption in the community.
Find the breakeven discount rate such that the net present value of this development opportunity is zero and will the future value of this investment be sufficient to compensate those that suffer damages in year 20?
the demand for tickets at each game is q 100000 - 6000p. if the capacity of the stadium at that university is 40000
Are unions good or bad forthe economy How do unions at GM and Ford affect employment levelsand wages How do unions affect other industries in terms ofemployment and wage levels
Discuss the pros and cons, for returning to the gold standard. Provide the positive and negative effects of reversing the current policy.
the san diego llc is considering a three-year project project a involving an initial investment of 80 million and the
A company has the potential to earn $100M in the horizon year of a growth product that is expected to have a profit growth of 5% per year in perpetuity beyond the horizon year. If the company’s discount rate (WACC) is 12%,
Using aggregate demand, short run aggregate supply, and long run aggregate supply curves, describe the process through which each government policies will move economy from one long run macroeconomic equilibruium to another.
Identify the distribution that is most probable for the following random variables:
suppose a firm faces the following demand for their product p100-q. further assume that the marginal cost to produce
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