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Question: In a competitive labour market, who are the losers and gainers from the imposition of a minimum wage? Assuming there exists an informal sector which, is uncovered by the legislation, will this change the labour market outcomes? Discuss this topic logically in about atleast thousand words. Use any reference style, but make sure that you are consistent in your referencing and citations
Why would any member of a German tribe have been willing to accept a Roman coin from another member of the tribe in exchange for goods or services when the tribes were not part of the Roman Empire and were not governed by Roman law?
What impact an increase of 3 % in final demand for manufacturing products has on the sectoral and national outputs.
Using the purchasing-power-parity theorem, explain what happens to the value of a currency if its domestic inflation is lower than foreign inflation.
Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes
Predicting the fed funds rate: Obtain data on the inflation rate for the most recent 12-month period possible.
What is the difference between a change in demand versus a change in quantity demanded? A change in supply versus a change in quantity supplied? Why is it so important to differentiate between these similar-sounding terms?
Draw the cheese market for the United States showing the world price as the price for this market. How much cheese does the U.S. import at the world price?
You developed an investment policy statement for the portfolio of investments that you will manage during this class. Present the investment policy statement to the class.
How does compare to the total surplus without a price floor from part c - How much producer surplus?
Presume the equilibrium quantity in the market for widgets is 200 per month when there is no tax. Then a tax of $5 per widget is imposed. As a result, the government is able to raise $740 per month in tax revenue. We can conclude that the equilibrium..
Write the economic analysis section of a business proposal. This will include statements about the market structure and the elasticity of demand for the good or service, based on text book principles.
Write an essay of about 250-300 words comparing the American Recovery and Reinvestment Act of 2009 and the Tax Cuts and Jobs Act of 2017.
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