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Consider a country with 300 million residents, a labor force of 150 million, and 10 million unemployed. Answer the following questions:
a. What is the labor-force participation rate?
b. What is the unemployment rate?
c. If 5 million of the unemployed become discouraged and stop looking for work, what is the new unemployment rate?
d. Suppose instead that 30 million jobs are created, attracting 20 million new people into the labor force. What would be the new rates for labor-force participation and unemployment?
What distinguishes Socialism, Capitalism, Feudalism and Mercantilism? Note the general time line of the development of each
The capital stock of the firm consists of three machines of various vintages, all in excellent condition. All machines can be running at the same time. COST OF PRINTING AND BINDING PER BOOK MAXIMUM TOTAL CAPACITY (BOOKS) PER MONTH MACHINE 1 $1.00 ..
What are the main ideas of environmental accounting? If practiced, what effects would you expect to see?
How does compulsion differ from monopolistic economic collusion? Hint: consider the scope of individual choice when confronted with the threat of violence compared with monopolistic prices.
What do you understand by the term durability? Compared to other considerations, how much importance should be given to durability in the design and construction of concrete structures?
Data on historical national health expenditures
Plot the labor demand and supply curves for Hispanic workers in this occupation.
consider the following production function: q= 8lk+ 4l^2-(1/3)^3, Given the following expression for the marginal productivity of each input: MPl= 8K+8L -L^2 and MPk -8L Assuming capital is plotting in vertical axis and labor is plotting in horizont..
Are there any differences in the eligibility requirements for TRI-enrollees based on reimbursement ability by the facility? If so, is this "fair?
What are rational expectations? How do rational expectations differ from perfect foresight? Is monetary policy neutral under both assumptions?
Taking account of the discount movie scheme, by how much could the University raise Alan's tuition fees?
Which Linux distro might be best for your Mom to use as a Windows replacement?
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