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In a recent speech, the governor of your state announced: "One of the biggest causes of juvenile delinquency in this state is the high unemployment among 16 to 19 year olds. The low wages offered by employers in the state have given fewer teenagers the incentive to find summer employment. Instead of working all summer, the way we used to do, today's teenagers slack off and cause trouble. To address this problem, I propose to raise the state's minimum wage by $1.50 per hour. This will give teens the proper incentive to go out and find meaningful employment when they are not in school". Evaluate the governor's plan to reduce juvenile delinquency.
Illustrate hat are the positives and negatives of protectionist trade policies on the part of the federal government.
Economic opportunities arise from nations which develop industries in which they have a comparative advantage.
Industries used to make capacity, production, inventory and staffing decisions based on long-range forecasts.
Compute the value of the price index for GDP for 2005 using 2004 as the base year. By what percent did prices increase.
Illustrate what is the correlation between all of these, and the level of unemployment and spending therefore GDP.
Explain how would this affect the elasticity of demand for gasoline
Prepare a proposal recommending monetary policy actions designed to correct problems with spending, employment, and prices.
Assume the entire economy contains $5000 worth of one-dollar bills. If people fail to deposit any of the dollars, but instead hold all $5000 as currency, how large is the money supply?
Explain how would you estimate additional dollar cost of adding sales people? How is the expected net revenue generated by adding.
Assume that James owns a wheat farm that produces an annual crop of 500 bushels. His only choice is to store it in a nearby grain elevator owned by Martin, whose facility will be empty unless James is using it.
What are freely floating exchange rates all about, and how do they work How can the falling U.S. dollar impact your travel expenses Why would a cheap dollar relative to other nations' currencies be good or bad for U.S. trade
Roi resources currently have an unused gold mine. Mine was shut down four years ago due to depressed price of gold. However ROI are considering re-opening the mine.
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