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How the incentive to produce for workers and/or firms may be affected by this event? How efficiency and equity for workers and/or firms are affected by this event? Macroeconomic Events Event 1: The government passes a law allowing states to pay unlimited unemployment benefits to all unemployed workers for an unlimited amount of time. Event 2: The federal government increases the restrictions on the immigration of skilled workers
During August 2009. 80 people lost their Jobs and didn't look for f new ones, 20 people quit their jobs and retired, 150 unemployed people were hired, 50 people quit the labor force,and 40 people entered the labor force to look for work. Calculate..
What do you think the increase in productivity is likely to move the economy closer to full-employment or farther away.
Elucidate your own words why even long term heavy drinkers might be highly responsive to increases in the price of alcohol.
Explain why are prices generally higher for goods/services in London as opposed to Newcastle, or New York as opposed to San Fran.
Is this a good model for unemployment? What would you add to study the problem more completely? What assumption does this model make regarding unemployment
Economic opportunities arise from nations which develop industries in which they have a comparative advantage.
The boat will be used for wakeboard instructing and will generate revenue of $100/hour. One instructional trip will use 4 hours on the boat's engine. Draw and simplify a cash flow diagram that will help you determine how many trips it will take to..
Assume that the federal reserve wishes to keep nominal interest rate at a target level of 5 percent. Draw a money supply and demand diagram in which the current equilibrium interest rate is 5%.
Suppose that there is a cultural shift in America emphasizing the importance of saving money as opposed to current consumption. a.) Illustrate the impact on the interest rate in the market for loanable funds. What direction does the interest rate go?..
Describe the market structure in which the selected good or service competes. Discuss the implications of the market structure on pricing.
Suppose one of the suppliers to Seattle Health System offers tersm of 3/20, net 60. a. When does the system have to pay its bills from this supplier b. What is the Approximate cost of the costly trade credit offered by this supplier
Delmar Custom Homes (DCH) uses two types of crews on its Long Island, NY, home construction projects. Type A crews consist of master carpenters and skilled carpenters, whereas B crews include skilled carpenters and unskilled labor.
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