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Question
The Australian Bureau of Statistics (ABS) counts those people who work part-time but would prefer to work full-time as 'employed'. Suppose the people who had part-time jobs, but wanted full-time jobs, were counted as 'unemployed'. Explain how the unemployment rate and the labour force participation rate would change.
The Singapore system and the Whole Foods and State of Indiana systems share the. low out-of-pocket expenses but not the forced savings accounts.
In a market served by a monopoly, the marginal cost is $60 and the price is $110. In a perfectly competitive market, the marginal cost is $60. What would happen to the price in each market if the marginal cost increased from $60 to $75?
"The market has a way of repeating history regularly. with triggers for the narrative always slightly different, but the moral of the story almost always the sa
Suppose the production function for a firm is given by: q=4L0.5K0.25. In the short run, the firm has 16 unitsof capital.
Real GDP per person in both Alpha and Omega is equal to $2,000. Over the next 100 years, real GDP per person grows at a 1.5 percent annual rate in Alpha and at a 2.5 percent annual rate in Omega. After 100 years, real GDP per person in Alpha is _____..
The demand equation for a cola-type soft drink in general is Q = 20 -2P, where Q stands for quantity and P stands for price. Calculate point elasticities at prices of 5 and 9. Is the demand curve elastic or inelastic at these points? Calculate arc el..
You start to work for a company that pays you wage $x per hour. The company then offers a raise to any employee that receives a master’s degree that is very difficult to get, yet has no direct benefit to job performance. a) Explain the company’s reas..
A series of twenty $1000 semi-annual payments are received at the end of each semi-annual period.
If the Fed raised the reserve requirement, the demand for reserves would
Assume that The United States passes a law that allows an additional 1 million persons to immigrate to the United States each year. Discuss the effects that this will have on the Production Posibilities Fromtier. (identify at least 3 effects)
(a) To find the probability that X will be more than 28, you would compute z =. (b) To find the probability that X will be less than 17, you would compute z =.
How much of each good does Alice buy as well as how much does she work.
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