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The new Week 5 Discussion question. The current labor force is faced with a new opportunity....Giganomics . Take the time to do your own research on this concept, then address the following questions, responding with your own original ideas and positions on the topic. Follow all the basic expectations for any weekly posting. You will not have to address the previous question that is posted....ignore it ...please. Thank you...and have fun.
Are people gigging because that is the only thing that they have been able to find in a stressed economy?
Are they making enough to not only get by but to thrive?
Are they paying taxes on this income?
Are they finding a way to save for their own retirement or the types of personal health or circumstantial crises that the flesh is heir to?
How are these fine people counted in the job rolls? Unemployed? Part time employed? Looking for work? Dropped out of the workforce entirely?
What would they do if they were unable to find a new gig ...and had to file for unemployment?
Assuming that there are only two goods, and the other good (food) is capital intensive, show the equilibrium points of production and consumption in ALFA, before and after trade.
A group of college students were given a short course in speed-reading. The instructor was curious if a monetary incentive would influence performance on a reading test taken at the end of the course. Half the students were offered $5 for obtainin..
Explain what, in turn, will happen to income. A government official suggests increasing government purchases by $100. What is the main benefit of this proposal What is the main drawback of this proposal
A firm in a perfectly competitive market invents a new method of production that lowers its marginal costs. what happens to its output or what happens to the price it charges.
during the last ten years Orlando, Florida grew rapidly, with new jobs luring young people to the area. Despite increases in population and income growth that expanded demand for housing, the price of existing houses barely increased, why
In the past ten years, most forms of drug use have dropped significantly, especially among teens. Despite this, non-violet drug offenders accounted for 21.1 percent of the federal prison population.
Comparing U.S. trade with Canada and India, is trade with Canada more likely to be based on comparative advantage or economies of scale? Why? How about India?
a paint factory produces paints but in the process transmits chemicals into the soil below the factory. these chemicals
Suppose that for Italy in 2008, exports 400 billion euros of goods and 300 billion euros in services, imports equaled 500 billion euros of goods and 350 billion euros of services, and the rest of the world purchased 250 billion euros of Italy's asset..
Dyna-Rubber, man manufactures a high-performance tire called Sport 70. Fixed development cost for current year is $600,000.
Other things being equal, a rise in a country's terms of trade increases its welfare. What would happen if we relax the ceteris paribus assumption, and allow for the law of demand to operate internationally
Your example should be original -- not one from the textbook or my lecture. Make sure response explains how optimal firm behavior will lead to scale and substitution effects. Also explain the importance of the diminishing marginal returns assumpti..
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