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Question: From 1993 through 1995, compensation per hour in the US rose an average of 2.2% per year, down from 5.2% the previous three years. Much of this represented the disappearance of the efficiency wage. Partly as a result of this, the unemployment rate fell from 7.5% to 5.6% over that period, and then continued to decline to 4%. Using the standard labor market diagram, explain how these events were related.
Explain what will happen to the demand and supply of phones, and predict the direction of the change in the equilibrium price and quantity.
We know the standard means of cutting the high cost of driving our automobiles-slow down your speed, no jack rabbit starts, inflate tires properly.
Based on your analysis of competitors' response, what would happen to Burger King's economic profit in the long-run? Why?
Examine a highly competitive industry (airlines, video games, fast food, soft drinks, your own field etc.) using the Five Forces.
How do financial intermediaries help mitigate liquidity risk in the lending market?b.What is the market reaction to default risk in the case of US T-Bills as opposed to junk bonds? Explain in terms of supply and demand?c. How can Congress create ris..
What are the main functions of money in an economy? Name one narrow measure of money. What do broad measures of money include?
How many units of capital wore out during the course of 1998? What was the total amount of investment that occurred in 1998 including expenditures on the replacement of worn out capital
Use supply and demand analysis to describe why equilibrium price of apples will increase and the equilibrium quantity will fall if an excise tax is levied on apples.
Describe the coefficient of variation (CV) and the standard deviation (SD) in connection with risk attitudes and decision making.
Describe the reasons for choosing to implement an energy-monitoring programme over the other options in energy consumption management and the resulting benefits of this research for this company when making future energy decisions.
Explain the economic concept of price elasticity of supply. What are the 5 key determinants of price elasticity of supply. Use examples to explain your answer.
Explain what is likely to happen to your premiums and enrollments and those of your competition. (half page or one nor more than one page.
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