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Employment and unemployment are big issues in America. Every week, the news outlets report the number of new unemployment claims made at unemployment offices around the country. We typically have 150 million people as part of the workforce. Though we have unemployment reported below 6% today, does that rate of unemployment really reflect the health of the workforce and the true nature of unemployment? What are the conditions that give us pause as we analyze unemployment in America? Make sure to include all the factors that might affect our view of employment in the United States.
Explain how many cases of toothpaste should be produced in order to maximize profits. Illustrate what happens if its decided to raise prices unilaterally in this toothpaste market.
Retail sales taxes are used at the state and local level to finance general fund expenditures. In other words, the tax revenue collected via the sales tax is not tied directly tied to benefits received by each taxpayer. Retail sales tax fair? (9 poin..
On one graph, draw a time series graph showing salaries of McDonald cashiers, reality TV starts, and NBA basketball stars. (Make up a total of 9 data points, you don’t need to show the actual numbers)
What 3 items of important information does the income statement reveal about the financial performance of T-Mobile over the last three years?
Do you think it is a good idea for the Russian government to take the measure of encouraging foreign carmakers to build factories in Russia.
Las Cruces Recreations Inc. headquartered in Las Cruces, NM operates a summer camp in Silver City, NM. The cost data for a 12-week summer camp are as follows: Charge per camper = $400 per week Variable cost per camper = $220 per week Fixed costs = $2..
The rise in the US trade deficit during the 1980s was due largely to the rise in the US budget deficit. On the other hand, the popular press sometimes claims that the increased trade deficit resulted from a decline in the quality of US products relat..
The 1st way is simply to utilize the price of the product in the exporter's home marketplace as the fair marketplace value.
A company is considering getting involved in electronic commerce. A modest e-commerce package is available for $29,000. If the company wants to recover cost in 2 years, what is the equivalent amount of new income that must be received every 6 months ..
International trade benefits both partners, though not necessarily all citizens. Absolute advantage determines trade specialization. Tariffs are generally preferred by economists over quotas. The U.S. has a large trade deficit with China, although it..
Suppose firms become very optimistic about future business conditions and invest heavily in new capital equipment. Now use the diagram from part A) to show the new long-run equilibrium of the economy. (Assume there is no change in the long-run aggre..
How much of each good does Alice buy as well as how much does she work.
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