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Question: The UK Parliament hires you and your colleagues to deliver a report that will enlighten the Parliament about the effect of labour market policies targeting single mothers
Parliament is interested in financing the cost of their proposed childcare programme by imposing a payroll tax on workers. Some members of parliament are worried that workers will pay the entire burden of this payroll tax and propose for this tax to be imposed on firms. Address the concerns of the members of the Parliament in your report
An entrepreneur needs funds for a project. She has funds of her own, but not enough to cover the required investment of $200. If the entrepreneur doesn't misbeh
What is the marginal rate of substitution in microeconomics?
Time to failure distribution of a computer memory chip follows Normal Distribution with mean 9000 hours and standard deviation 2000 hours. Find the reliability of this chip for a mission of 8000 hours?
What happens to the trade from either developed or underdeveloped nations when monopoly export and import agencies are set up? Why?
What can they learn from the adopting innovation and how can this be used to maintain a competitive edge?
2. At a price of $9.50/pound, people buy 45 pounds of lamb. At a price of $10.50/pound, people buy 35 pounds of lamb. What is the arc elasticity of demand for lamb in this price range?
You are the chief economic adviser in a small open economy with a floating-exchange-rate system. Your boss, the president of the country, wishes to increase the level of output in the short run in order to win re-election.
Tim buys 2 pizzas and sees 1 movie a week when he has $16 to spend, a movie ticket is $8, and a pizza is $4. Draw Tim's budget line.
a. If gasoline futures are used to hedge the exposure, what should the hedge ratio be?
Find an equation that will express this economy's labor productivity. How does labor productivity change if the level of capital in this economy changes
A firm has estimated the following demand function for its product:
Is the wage cap on social security taxes fair? Is it ethical? Should it be raised? Did higher income taxes discourage business owners during 1950s, 1960s, and 1970s?
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