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1. (Resource Demand) The Occupational Outlook Handbook (OOH) is a U.S. Department of Labor publication that projects employment trends. Using the search feature available at the OOH Web site at https://www.bls.gov/ oco/, search several occupations. What factors seem to be affecting employment prospects in those fields? What role does derived demand play? How about technological change?
2. A table from the Department of Labor with the real minimum wage in the United States can be found at: https://www.dol.gov/ILAB/media/reports/oiea/wagestudy/ FS-UnitedStates.htm. A better alternative, however, is a continually updated chart with nominal and real minimum wage that can be found at the Employment Policy Institute Web site at: https://www.epionline.org/mw_ statistics_annual.cfm.
Why have economic analyses of clinical and administrative innovations become more important? What does it mean to have market power? Are firms with market power extremely profitable? Why might banning advertising drive up prices?
over the business cycle real gdp tends to increase during the expansion and decrease during the contraction. can you
Imagine that you have been hired as the start-up manager for a new hospitality enterprise. It could be a fast food restaurant, a resort, a business hotel, or any other business in the hospitality industry. You want to create a plan for instituting..
Calculate the price elasticity of demand for Einstein's Bagels and explain what it means and derive an expression for the (inverse) demand curve for Einsteins's Bagels.
Netflix has revolutionized the movie rental business by charging $7.99 a month for unlimited streaming movie service. On the other hand rental movie kiosks like Redbox are popping up by the thousands in supermarkets, drugstores, restaurants and..
Describe the monetary policy tools the Federal Reserve uses to stabilize the economy and maintain price stability. Based on the information you researched from Federal Reserve publications, present and justify your own economic outlook for the next..
For this week, we are continuing our discussion on GDP and economic growth. We will realize that most of government spending goes towards welfare such as social security. However, it is a common belief that social security benefits
If Kevin is a rational consumer, where will he choose to operate on this graph? Identify the equilibrium point that maximizes Kevin's net benefits by selecting point A, B, or C.
What is meant by adding "autonomous" net exports 2] What affect would positive net exports have on Y* negative? Net Exports equal to zero How would the aggregate expenditures function be affected in each case Present each case graphically.
The California Instruments Corporation, a producer of electronic equipment, makes pocket calculators in a plant that is run autonomously. The plant has a capacity output of 200,000 calculators per year, and the plant's manager regards 75 percent o..
Explain what conditions must be satisfied in ord. for this market to be perfectly competitive and calculate the equilibrium output, prix and the number of old and young firms if the market W. the long-run equilibrium.
according to naeyc effective practices involving technology allow children to explore digital materials in the context
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