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The Australian government is concerned about inter-generational equity problems. Key problems arise from a larger number of older retired people being supported by a smaller workforce of young people, and from ever increasing budget deficits to be paid for by younger people.
Encouraging older people to stay in the labour force rather than retire would help fix this problem. True or False.
Consider a farmer who can either plant or market/consume his crop. Whatever amount he plants becomes a crop twice the size the following year. For example, if he plants seed from 2 ears of corn, he gets 4 ears of corn at harvest. Assume he starts off..
According to the Bureau of Labor Statistics, the distribution of consumer expenditures. If the negative income tax rate is set at 50 percent and the income floor is set at $5,000, a family that earns $3,000 would have a total income (including the in..
The mean hourly wage for employees in goods-producing industries is currently $24.57. Suppose we take a sample of employees from the manufacturing industry to see if the mean hourly wage differs from the reported mean of $24.57 for goods-producing in..
with the aid of a diagram explain how a floating exchange rate is determined. Explain how will a depreciation of the rand influence our exports and imports.
What are some of the key things that can shift the supply and demand of money? Explain how these shifts might happen.
Write a 700- to 1,050-word paper describing how ethical principles can be used to address organizational issues. Include the link to the film you select. Include the following:
What initially appears to be the problem? What really is the problem(s) in this case? How easy is it to switch suppliers? Why do firm’s single source contracts? What does it mean to get to the root cause of a problem?
Historically, young French workers (under age 25) have had relatively high unemployment rates: 21 percent in 2005. In 2006, the French government proposed to allow employers to fire young employees without cause (a labor restriction). How should this..
Suppose two firms supply the market for computer chips and their products are perfect substitutes. What is the one-period Cournot-Nash equilibrium output and price? What is the output of each firm if they collude to produce the monopoly output?
q. 1 are there any firms that are really true monopolies? that is there is absolutely no substitute for what the firm
Where there currently is a tariff. What is the effect of this tariff on the U.S. economy.
Elucidate how a recessionary output gap would emerge in an economy where long-run aggregate supply curve is persistently shifting to right.
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