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Labor productivity is determined by the amount of human and physical capital available for the labor force.
Answer the following questions:
Which factors make the strongest impact on your personal labor productivity, or that of your closest family member, if you don't have a job?
What actions can a person take to increase his or her labor productivity?
Does capital formation affect labor productivity? Explain with examples
The payoff matrix of economic profits above displays the possible outcomes for Bob and Jane who are involved in game of whether or not to advertise.
President and Congress change budget accordingly, but after 18 months, GDP only increased by three quarters of expected amount. Illustrate what factors might be responsible for this situation.
If deposit insurance were abolished, elucidate how would these change incentive structure facing deposit theory institutions.
Is it reasonable from an economist's viewpoint to minimize the role of the government in accordance with Nozick's moral argument.
assume that government establishes a cost floor below market equilibrium for rents on how utilizing. Illustrate what will be main effects of this cost floor. Demonstrate your answer graphically.
Given the formal structure of the Solow model, the numbers in the first column should in principle be per-worker GDP numbers. However, for purposes of the problem.
Suppose a wage increase from $25 to $27 an hour increases the number of job applicants from 52 to 66. Illustrate what is the price elasticity of labor supply.
Assume a one-time decrease in population, possibly caused by an onset of disease or a sudden out-migration.
Illustrate what is the yrly breakeven point volume (D) also his objective is to maximize his average grade, elucidate which means.
Yolanda runs a bulldog farm and when she employed one person, she produced 1,000 bullfrogs a week. Construct Yolanda's total variable cost and total cost schedules. Illustrate what is Yolanda's total fixed cost.
Illustrate what is macroeconomics. What role does macroeconomics play in your personal financial decisions and the decisions that your organization makes.
Explain how low must a quota be in effect to have an impact. Using a demand-and-supply diagram, illustrate and explain the net welfare loss from imposing such a quota.
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