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In this question, you will explain the impact of employment and unemployment in a free market economy. The country of France legislated the maximum length of a workweek. Because Americans tend to work more hours than Europeans, should the US government also legislate the maximum workweek? What consequences would a cap of 45 hours per week have on the US unemployment rate and on wages?
Every election season, the Affordable Care Act commonly known as OBAMACARE, becomes political folder, what do you think has been the impact of the act on society, individuals, healthcare costs, businesses and employment?
Compute the equilibrium quantity and price and Calculate the consumer and producer surplus.
Illustrate what is the price elasticity of demand. What is the cross-price elasticity of demand. Suppose the price of the good, P, goes to $2.00.
Suppose that in a year an American worker can produce 100 shirts or 20 computers and a Chinese worker can produce 100 shirts or 10 computers. Explain at what price of computers (in terms of shirts) the two countries might trade. Who has the comparati..
What are the potential consequences of a country having a large overall debt? If you were in the position to implement a solution for the country’s long-term debt, what would it be and why?
Elucidate what evidence of excess supply or excess demand can you cite in these examples.
The direct and excess burdens from an excise tax are greater the less elastic is demand in the market. Real national income can never exceed its potential level.
Calculate the deadweight loss from the tax. Elucidate the tax be defensible in spite of the deadweight loss.
How will this technological advance impact production and pricing plans. How it will impact BlackSpot's profit.
consider the problem of carbon dioxide emissions. we will abstract away from the problem somewhat assuming there are
You are trying to sell your audio system (an amplifier and speakers) to raise money for an upcoming trip to overseas. The system works great, and audiophile friend tell you that if he were in the market for this kind of equipment (which he isn’t), he..
Porters 5 Forces analysis of Louis Vuitton
If the university's school of engineering can earn 4% on it's investments, how much should be in it's savings account to fund one $5000 scholarship each year for 10 years?
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