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1. What's the connection of economic situation to the fluctuations in the exchange rate?
What is the implication of the efficiency wage theory for unemployment? In what way are piece rates, commissions, and royalties, profit sharing, and stock options substitutes for efficiency wages?
Which of the following statements are true about a competitive price-searcher market? Check all that apply.
In the debate concerning repeal of the provision allowing capital gains on assets passed on to one’s heirs to escape taxation, some have reasoned that death is not voluntary, and therefore one should not tax capital gains upon death. Evaluate and exp..
What are some of the biggest challenges facing minority groups in law enforcement today? Identify some minority groups working in law enforcement and explain what challenges they face working in the field today. Do you feel that these challenges can ..
When government spending increases by $1, planned expenditures increases by $1 and the equilibrium level of income will increase by $1. When taxes are cut by $1, planned expenditures increase by less than $1, and the equilibrium level will increase b..
Suppose the Marshallian own price elasticity of demand for soda pop is -1.3 and the Hicksian own price elasticity of demand for soda pop is -0.9. Use indifference curves and budget constraint analysis to illustrate the income and substitution effects..
Suppose a monopolist sells in two distinct markets. The demand for the first mar- ket is given by P1 = 240 − 2Q1 , where Q1 is the quantity demanded and P1 is the price paid by the first group. How much does the monopoly supply in each market and wha..
Shocks to an economy, such as wars, famines, or the unification of two economies, often generate large flows of workers across borders. What are the short run and long run effects on an economy of a one-time permanent increase in the stock of labor? ..
Each Non-Equity Modes of entry by a MNC are different, at least, in the amount of local value added, and export earnings they generate in a host country? Which of these modes of entry generate the highest local value added and why? Which of these mod..
Which of the following is true of seasonal unemployment? Other things remaining unchanged, which of the following is most likely to cause an increase in the demand for personal computers?
You’re 20 years old, and you’re trying to decide which career path to take based on the future expected streams of income. Occupation A has you earning $15,000 for 5 years, then $25,000 for then next 30 years. What occupation would be better if the i..
Next season, they increase the price to $12 per bleacher seat and sell 200,000. What is the elasticity of demand for bleacher seats at Rays games?
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