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The government recently increased the child benefit. This benefit sends cash to households with children regardless of how much they work. This benefit will make households who receive it better off and have no effect on labour supply. True or false, and why?
Decreases aggregate quanity demanded among a stationary aggreate curve. E rases the equilbrium level of output and employment.
Illustrate the average cost, marginal cost, and marginal revenue for a firm making a positive economic profit in a short run, perfectly competitive environment. Indicate the profit. Now illustrate what will happen to this profit in the long run.
(a) Write an expression for X/Y in terms of annuity symbols based on an the 8% effective annual interest rate. (b) Write an expression for X/Y in terms of annuity symbols based on effective interest rates for time periods which correspond to the p..
In a 3 to 4 page essay, How did the Wagner Act (National Labor Relations Act) affect the Growth of Organized Labor? Were there economic affects and did it have an affect on the organization of industrial relations and unions
Suppose at current factor prices a country's manufactures use 60 hours of labor for each acre of land and food is produced using only fifteen hours of labor per acre of land. If the economy's total resources are 1800 hours of labor and 180 acres o..
What is aRESTful web service? What are the benefits and drawbacks compared to SOAP web services?
Recently, Pacific Cellular ran a pricing trial in order to estimate the elasticity of demand for its services. The manager selected three states that were representative of its entire service area and increased prices by 5% to customers in those a..
this problem examines the effect of consumption taxes on labor supply. consider a consumer with utility functionuc l c
After World War II, the United States experienced a "baby boom" as birthrates rose dramatically between 1946-1964. Lower birthrates after 1965 mean that the now aging baby boom generation is larger than the generations before and after it. What effec..
List the basic characteristics of pure monopoly, monopolistic and oligopoly competition. Under which of these market classifications does each of following most accurately fit?
Find the optimal level of inputs L* and K* that minimize the cost of producing Q0. What is the cost of production associated to L* and K*?
The federal government, in an effort to stimulate the economy also decreases taxes on all individuals except those earning over $250,000 per year.
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