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List 5 ways (and briefly explain them) that earnings may differ between different groups for reasons that have nothing to do with discrimination. (Label your answers 1-5.)
You find yourself in a lonely oasis in the desert. The only two things you can produce are either dates or water. In a day you can either gather 100 dates or collect 50 liters of water. And you choose to spend 4 days a week gathering dates and 3 days..
Suppose that the inverse aggregate supply function for a good is P^s(q) = 7 + 4q and the inverse aggregate demand function is P^d(q) = 214 - 5q. Suppose that the market for the good is perfectly competitive. Solve for the equilibrium price and quanti..
q.essay questions make sure you thoroughly answer all parts of each question format requirements will be enforced.1.
If the price increases from $ 1.50 to $ 2.50, what will be the price elasticity of the demand of the faculty and students?
q.pretend you were hired to lead the presidents council of economic advisers in 2009. using the macroeconomic
Which union is most likely to push for a wage raise from $25 per hour to $30 per hour, Ceteris Paribus?
Compare and contrast the damaging consequences of rising unemployment versus rising inflation? Be sure to define unemployment and inflation and explain how they are measured. Is one worse than the other? 600 words eassy
In the 2005 Virginia General Assembly, Virginia’s “estheticians”---those who give facial treatments, facial massages, skin analyses and the like---came in large numbers to the Capitol to make the case that their occupation should be licensed and regu..
There are three retirement plans under development. Each plan has a 6% compounded monthly and you cannot take a withdrawal until year 20. One plan requires a payment of X/year for the next 10 years. The other requires a payment of Y each year from ye..
What is the marginal rate of substitution for consumer A at the competitive equilibrium?
Market prices are determined through the(free) interactions between buyers and sellers of various goods and services,or the " forces of demand and supply".
Your brother wants to start a fund to provide for his son's education. He plans to deposit $1,426 at his son's first birthday and then an equal additional deposit every year for 8 years. He wants to have enough in the savings account at the end of th..
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