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Question: Suppose that the United States enacts legislation granting all workers, including newly arrived immigrants, a minimum income floor of y dollars.
a. Generalize the Roy model to show how this type of welfare program influences the worker's incentive to migrate to the United States. Ignore issues that may arise regarding how the welfare program is to be funded.
b. Does this welfare program change the selection of the immigrant flow? In particular, are immigrants more likely to be negatively selected than in the absence of a welfare program?
c. Which types of workers, the highly skilled or the less skilled, are most likely to be attracted by the welfare "magnet"?
Discuss professional selling and sales promotion. Research car sharing on the Internet and research two competitors in this industry.
Propose ways that a manager can cope with any negative emotions that may accompany an employee layoff - Describe a step-by-step process of conducting the dismissal meeting.
Rewrite the MPK as a function of output per unit of capital. Write an expression for the total wage bill. Write an expression for the total return to capital. What is the ratio of labor income to capital income for this production function
Using the midpoint formula for calculating the elasticity of demand, if the price of a good fell from $42 to $38, what would be the elasticity of demand if the quantity demanded changed from.
Determine if the demand for the following products is price elastic or price inelastic, or explian how the necessity of a good and the availability of substitutes affect the price elasticity of demand.
Reflect on your personal general reading strategies for the second textbooks. Write a 250-word analysis (minimum) of your past habits. Consider the following in your reflection:
Suppose that the markup of prices over costs increases to 10%. What happens to the natural rate of unemployment? Explain the logic behind your answer.
question 1.using the same amount of resources australia and new zealand can both produce apples and orangesas shown in
Assume marginal cost increases to 25 as a result of imposition of a tax. What takes place to monopoly and competitive price and output?
There exists 10,000 firms in a market each with MC curve MC=2q. Where Q = quantity of production (of the firm). Assume aggregate demand is 20,000 and independent of price. What is the market equilibrium and price?
Some years ago, conservation groups paid cattlemen in the Western United States to move their herds away from wild buffalo herds so that the buffalo would have more feed and would not have to compete with the cattle. What is the relevance of the C..
Identify and briefly describe four trends in the macro/market environment that will have recently had an influence on the selected industry.
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