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Q1. Use a hypothetical example to illustrate whether you agree or disagree with the following statement: "Unemployment will go up more if the demand for labor is elastic because the demand for labor will decrease more when you have elastic demand than if demand were inelastic." Elucidate why using hypothetical numbers to illustrate your case.
Q2. What suppose that you buy a bond for $100 that pays 4 percent interest per year. How much money will you have earned when the bonds reaches maturity in five years?
If there were 2 million unemployed Thailand had a job-finding rate of 15% per month, how many people would lose jobs each month.
Describe absolute and comparative advantage. Explain the influences affecting foreign exchange rates.
What is the most that Jo should be willing to pay the consultant for the information.
The annual operating and maintenance expenses are estimated to be $1,000. If Convington's MARR is 15%, how many years will it take before this machine becomes profitable.
The manager of the aerospace division of General Aeronautics has estimated the price it can charge for providing satellite launching services to commercial firms.
The article touches on two crucial conditions for a fiscal stimulus to work.
the demand for electricity and the concept that nuclear is cleaner than coal and who the special interest groups are that's involved
From what you know about these firms' cost structure, what is the highest possible price per unit that could be existing as the market price in the long run equilibrium.
Based on some economists' definition of the relevant market, the two firms proposing to merge enjoyed a combined market share of about two-thirds, while another firm essentially controlled the remaining share of the market.
What services do you predict Bangalore India exports and what services do you predict it imports.
What arguments can be made for charging a lower than the profit-maximizing price. What price from the available prices do you recommend.
Assume that private schools want to maximize profits and that the market for private schools is perfectly competitive.
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