Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Using the perfectly competitive labor demand and labor supply model, what would happen, all else equal, to the real wage and the number of workers in each of the cases below:
A. There is an increase in the amount of physical capital as a result of positive net investment in the economy.
B. In a particular occupation, workplace safety regulations are effective in lowering the rate of workplace accidents and injuries.
C. In a particular occupation, the good that workers are producing is not as popular as it once was, leading to the decrease in the price of the good that workers help produce.
D. Social Security retirement benefits are cut and the retirement age is increased.
Economist George Stigler once wrote that, according to consumer theory, "if consumers do not buy less of a commodity when their incomes rise, they will surely buy less when the price of the commodity rises."
Suppose the City of Klamath is considering plans to build a dam on the Klamath River. There are currently social benefits to the recreational fishermen who use the river to catch salmon.
Suppose, during the last year, in a closed economy (net exports=0), consumption expenditures were $20 billion, investment was $12 billion, government purchases were $20 billion, and the underground economy produced $10 billion worth of goods and serv..
What is the current total investment? b) What is the current unintended investment? c) Is this an equilibrium outcome? d) What do the Keynesians say will happen to real GDP?
Consider a homogenous-product Cournot duopoly model in which Q is the market output-Determine the best-response function for each firm. Draw a diagram showing the two best-response functions.
The law of demand state that_ the _the price of a good, the smaller is the quantity demanded;and the _the price of a good, the greater is the quantity demanded.
Explain how would you go about resolving the issue if you were the president of a small, poor country.
it is estimated that a particular economy has a multiplier of 2. the marginal propensity to import of the economy is
During 2003 the value of oil increased, which in turn caused the price of natural gas to increase. This can best be explained by saying that oil and natural gas are:
Describe the ultimate goal of the product campaign for the new shampoo - Identify the components of marketing, pricing, and distribution for the campaign.
assume prices are flexible and that factors of production are fully employed in both economies. Assume there is perfect capital mobility for the small open economy.
Illustrate recommendations would you make to Congress and the President for the management of fiscal policy.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd