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Data for an economy shows that the unemployment rate is 6%, the participation rate 60 percent, 200 million people 16 years or older are not in the labor force. How many people are in the working-age population in this economy?
Calculate the consumer surplus, the producer surplus, and the total welfare for the competitive equilibrium determined in part (a) of this question.
Illustrate what does the term intellectual Property encompass also why are companies so concerned about protecting it
Do economic events affect presidential elections. to test this so -called political business cycle theory. Elucidate what is the expected sign of X.
Discuss the policies that Keynes as well as Hayek supported regarding how federal government ought to manage economy. What are differences between each school of thought.
How does this export subsidy affect the domestic price of steel, the quantity of steel produced, the quantity of stell consumed, and the quantity of steel exported. how does it affect consumer surplus, producer suprlus.
illustrate what you observed in this company to your own work experiences.
If this tariff is imposed, how much will consumers pay for a pound of tea. What is the quantity demanded. Compute the decline in consumer surplus.
Consider the subsequent cost relationships for a single-product Is there a minimum efficient scale of plant implied by these cost relationships
The people of Aquilonia deposited half of their currency into the banking system. If banks do not hold excess reserves
Illustrate what has happened in the market for your good or service in the curve you labeled D1. What happened to the equilibrium price.
Why does a teacher earn less than a firefighter? Why does a union electrician earn less than a non-union electrician?
Consider an employee who does not receive employer-based health insurance and must divide her $700 per week in after-tax income.
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