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Question: The relative wage of unskilled workers has fallen in the United States likely as a result of a relative
a. increase in the number of unskilled workers available because workers are more poorly educated.
b. increase in the number of unskilled workers available due to immigration into the United States.
c. decrease in the demand for unskilled workers because workers are more poorly educated.
d. decrease in the demand for unskilled workers because of increases in technology and increases in international trade.
Suppose that national income is initially at its equilibrium level when desired investment falls.we would except fall in national income,but not by as much as the fall in desired investment
Describe the economic outcome of single-price monopoly in terms of profit. Provide one (1) supporting fact to support your response and Describe one way that the Futures Unlimited Corporation makes output and price decisions.
Using the same model, explain and illustrate the impact of the bumper harvest on the wheat market. Clearly explain the equilibrating process.
Two risky gambles were proposed at the beginning of the chapter.
Revise draft documents to improve audience comprehension. Employ correct Edited Standard Written English (ESWE). Prepare proposals for technical products and/or services. Use technology and information resources to research issues in technical wri..
You are to choose a major ECONOMIC POLICY DILEMMA facing the UNITED STATES COUNTRY and prepare a report which will be used as a policy briefing paper by a senior decision maker in business.
Explain briefly crime rate declines would cause GDP to overstate or understate the degree of change in the broad standard of living. a. The
Determine the fixed cost for the bakery, complete the table and plot the marginal and average cost curves and describe the relationship between the curves.
Due to the changing environment and external triggers, contingency planning is necessary. What qualities make a future issue a “trigger”? Consider you are on the strategic planning team for a soft drink company.
Calculate the unemployment and labour force participation rates in 2014 and in 2015 and what challenges would face the Greek government if they wanted to undertake fiscal policy to address the problems described in b?
Materials used in the operation of a factory, such as cleaning supplies, that are not an integral part of the final product should be classified as:A) direct materials.B) a period cost.
the next three questions refer to the graph below.nbsp assume that the premigration labor force in country a is a and
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