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The Bureau of Labor Statistics reported in 2005 that there were 53.23 million people over age 25 who had at least a bachelor's degree, 40.59 million of whom were employed and .98 million of whom were unemployed. What were the labor-force participation rate and the unemployment rate for this group?
Mr. J enjoys goods x and y according to the utility function
Explain. A family buys a new refrigerator, Aunt Jane buys a new house, Ford sells a Mustang from its inventory, You buy a pizza, California repaves Highway 101, Your parents buy a bottle of French wine, Honda expands its factory in Marysville, Ohi..
explain how rent seeking can lead to a drop in production of goods and services. What role might the underground economy play in lessening the drop in productive activities?
The night before an economic exam, you decide to go to the movies instead of staying home and working your MyEconLab study plan. You get 50 percent on your exam compared with the 70 percent that you normally score.
in calculating the incremental cost of a particular project how would you treat the possible future costs of a lawsuit
now the two firms compete on prices agrave la bertrand and they also have the same constant marginal and average costs
What is the multiplier?
problem-solving question use the following data for a pure monopoly to calculate the firms a total revenue marginal
Use the Porter's five forces framework to explain this pattern. Discuss possible profit-maximizing business strategies that artists, record companies, and retailers may wish to pursue.
an economist might say that collage and universatys "produce" education, using facility members and students as inputs. According to this line of reasoning, education is then "consumed" by house holds. Construct a circular-flow diagram like the on..
1. list and draw all the graphs showing all the ripple effects that happen in the economy when the fed initiates
show how one can derive the change in market value of equity as a function of adjusted duration gap asset size and
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