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For promotion to lieutenant, police officers in a city police department first have to pass a written aptitude test. This requirement was challenged in court by several black officers on the grounds that the test unfairly discriminated against blacks. In order to win the case, what did the black officers have to prove? What did the city have to prove, if anything, to be found innocent of discrimination?
Identify at least three such factors that, in your view, should be included in the GDP calculations; then elucidate and illustrate how could they will help to improve the GDP as a tool for measuring the well-being of a nation.
q.some economists have suggested that the best way to control medical costs is to remove the profit incentive for
How does an increase in the saving rate affect the break even and actual investment curves in the Solow model? Use graphs also.
A temporary group of employees responsible for bringing about a particular change is a
Compute new supply of $ at each exchange rate and graph the new supply curve.
A producer would not remain in Stage 1 because APP
A firm encountering economies of scale over some range of output will have a falling long-run average cost curve. How can diseconomies of scale occur at firms with larger capacities?
According to Classical Economists which type of fiscal policy financing produces inflation?
Suppose that re are 10 million workers in Canada and that each of these workers can produce either 2 cars or 30 bushels of wheat in a year. What is opportunity cost of producing a car in Canada.
If Latanya plans to use the phone for one hour to talk with only one person, with whom would she rather speak.
A perfectly competitive business maximizes profit by producing at a rate where ________.
Suppose ABC were to use the caps as a promotion. How many caps could ABC give away free? At what price would no caps be sold? Calculate the price elasticity of demand at a price of $6?
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