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How could union members' current annual incomes decline on net even if a long-lived strike induces a firm's management to increase the hourly wage rate?
Sometimes union memberships coordinate work stoppages when all workers call in sick. From an economic standpoint, is there any difference between coordinated sickday work stoppages and strikes? Explain
Illustrate what is the expected return of the remaining portion of Peggy's portfolio.
In June 2008, the U.S. retail gas price jumped from $3 to $4 a gallon. This is a 33% increase in price from January 2008. During that time, the total quantity of gasoline purchased fell by 3%. Supplies of gasoline produced also decreased from one mil..
The impact of a catastrophic failure can be the difference between making and breaking an organization. Many government agencies and enterprise organizations practice full-scale recovery. RIM / Blackberry suffered a major catastrophic failure in i..
The article utilize this kind of calculation to show the difference among labor productivity growth.
You owe $1000 on your credit card. The APR is 24%, compounded monthly. The credit card company indicates that your minimum payment is $22.44. If you make only the minimum mouthy payment, how long will it take for you to repay the $1000 balance (assum..
Evaluate the importance of gold as an international asset. Discuss the historical importance of gold as an international reserve asset, including the functions it fulfilled. Finally, discuss whether the United States should return to the gold stan..
Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car dealers..
q1. explain how one of the components of the gdp would help you to predict the amount of inventory to keep in stock if
Solve for the equilibrium interest rate. Solve for equilibrium value of consumption and investment.
the government implements a 25% tax on labor income as a way to raise revenue. Calculate the excess burden resulting from this tax, and illustrate your answer with a graph
Now fill in the column for Marginal Cost. Illustrate what pattern do you see
Contrast comparative and absolute advantage. Is it possible for a country to have a comparative advantage in producing a good without also having an absolute advantage? Explain.
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