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The participation of women in the U.S. labor force has risen dramatically since 1970. How do you think this rise affected GDP? Imagine a measure of well-being that includes time spent working in the home and taking leisure. How would the change in this measure of well-being compare to the change in GDP? Are there any other aspects of well-being that are associated with the rise in women's labor-force participation. Would it be practical to construct a measure of well-being that includes these aspects?
Consider two Countries that share the same technology, South Africa and the UK, and two goods, Diamonds and Tea
overnight is $1200 and would be zero in L.A. The airline is contemplating eliminating the ngiht flight out of L.A. and replacing it with a morning flight. The estimated number of passengers is 70 in the morning flight and 50 in the return afternoo..
One of your relatives advices to you that our nation should stop trading with other nations because imports take away jobs and lower our national well-being.
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.) What fiscal policies and monetary policies would be appropriate at this time
A sum of $10,000 is invested in an account earning interest at the nominal rate of 7.2% per year. Determine the value of this account, roundedd to the nearest dollar, at the end of 2 years if interest is compounded continuously.
In exchange for a $20,000 payment today, a well known company will allow you to choose one of the alternatives shown in given table. Your opportunity cost is 11 percent.
Derive the relative supply of apples in the world - write a summary about its description of the european situation. What do you think that is going to happen to the Euro zone?
Ross Perot added his memorable "insight" to the debate over the North American Free Trade Agreement when he warned that passage of NAFTA would make a "giant sucking sound" as United State employers shipped jobs to Mexico,
Write a short essay evaluating the U.S. economy in terms of each of the six determinants of average labor productivity discussed in the text. Are there any areas in which the United States is exceptionally strong, relative to other countries
Would you have a higher consumption standard of living by self sufficiently producing all the goods you and your family want to consume through employing your labor time
"Importing more goods and services into the U.S. is always a good thing to do economically." Explain why you agree or disagree. Is it possible for one country to profit more off trade than another country Should we have a stronger dollar or a weak..
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