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Each? month, 35 new people? (not including the 23lacking required? skills) continue to become? unemployed, but each monthly group of newly unemployed now takes two months to find a job. what is the frictional unemployment rate after this change.
Suppose that the economy is initially in a steady state and that some of the nation’s capital stock is destroyed because of a natural disaster or a war. Determine the long-run effects of this on the quantity of capital per worker and on output per wo..
The price elasticity of demand for gasoline is estimated by some researchers to be -0.02. Approximately, what percentage change in the price of gasoline induces an increase of 1% in its consumption?
Skyscraper City has a subway system, for which a one-way fare is $1.50. There is pressure on the mayor to reduce the fare by one-third, to $1.00. The mayor is dismayed, thinking that this will mean Skyscraper City is losing one-third of its revenue f..
A competitive advantage furthermore earns a life span income of $6 million moreover the non-steroid user earns $1 million.
Keeping in mind our discussion of final cause and Aristotle, what are the three primary ethical issues involved in globalization?
Consider a competitive industry with many identical firms. The supply curve of an individual firm is given by S1(p) = 2p when p ≥ $2 and S1(p) = 0 when p
1.Do you feel managed care plans are the solution to the health care crisis in the United States? Support your response.
Pocoyo bakes cookies also Pato grows vegetables. In which of the subsequent cases is it impossible for both Pocoyo also Pato to benefit from trade.
q. demand can be predicted with experimental data cross-section data or time-series data. in this case cross-section
Find recent evidence in the Wall Street Journal and other business publications on how companies are expanding the use of the techniques described in the opening case to understand and impact consumer behavior.
Discuss the major causes of global warming, the expected effects providing an indication of which effects are likely to be the most important economically, and identify the greatest uncertainties surrounding global warming.
Janice is a 39-year-old widow with 4 children: Alex at 19, Abigail at 16, Anthony at 13, and Alice at 10. Janice currently receives Social Security Survivor benefits but, given her age, she will spend some time in the blackout period. Given this info..
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