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If they give us the employment number abd the labor force number. And the working age population number.
And they ask us to find the uemployment rate. We first have to find the unemployed person. do we do that by subtracting employed number from labor force or employed number from working age population?
1. Give examples of industries that are monopolistically competitive. Find the news articles, books which explain these examples.
The demand for coffee is assumed to be P = 15 - Q (units don't matter here.) The domestic supply of coffee is P = 2 * Q. The world market price of coffee is 5. Using graphs, show who gains and who loses and by how much (both for losers and winners..
The table below shows actual sales for your company for the last six months ("month" = "period"). You are interested in forecasting sales for the upcoming month (period 7).
What will GDP (Y) be in these three countries? Hansonia has 10,000 times more machines than Ilia, so why isn't it 10,000 times more productive?
Explain how does inflation affect an company's decision-making process.
Assume the following demand and supply equations: Qd = 1000 - 40P, and Qs = 400 + 20P. Calculate the intercepts and the slopes of the two curves.
Calculate the yearly approximate interest cost of not taking a discount using the following scenarios. What conclusion can be drawn from the calculations?
Explain how did Lucas contribute to the development of the Keynesian economics. What was his concern with economic growth and development.
Spending $1,500 more today for a hybrid engine rather than a gasoline engine will result in annual fuel savings of $300. How many years must this savings continue in order to justify the extra investment if money is worth 10% per year, compounded ..
(Compute CI for small sample using t-distribution given sample statistics). From a population of normally distributed IQ scores, a random sample of 25 scores yields sample mean as _X = 98:4 and sample deviation Sx = 14:2. Find a 98% con_dence inte..
What is the effect of the import tariff? What are the specific characteristics of each of these two regions that contribute to their?
Write a C++ program which calls a factorial function to calculate N!. N! is the product of all whole numbers from 1 to N. For example, the factorial of 5! is 1 * 2 * 3 * 4 * 5 = 120.
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