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Question: 1. Describe two corrective measures being taken to close the income gap between men and women workers.
2. Identify the original intent of the minimum wage.
Calculate inflation using the GDP deflator index and explain why consumer price index (CPI) overstates inflation when compared to inflation rate determined.
What are the shortcomings of GDP deflator and CPI as measures of inflation? What are the effects of inaccuracy in measurement?
Leaders of a small town are tired of looking at a vacant and dilapidated warehouse that sits on a prime piece of real estate. The town finds an investor who purchases the warehouse and promises to renovate the old building and build condominiums.
suppose you are the production manager for widgets inc. your job is to produce a fixed amount of output at the lowest
Compute the real interest rate for this time period. If (nominal) interest payments are taxed at a rate of 30%, what is the after-tax real interest rate?
What is leadership doing to improve the standard of living in developing countries?
Explain how would you interpret the slope coefficient also illustrate what is the rate for the period under study.
Suppose which major function of profit is to allocate resources according to consumer preferences
Write a 5 page economics research paper about 3-4 economists and entrepreneurs.Thinking about writing about Bill Gate the obvious Oprah another obvious and Steve Jobs.
Assume a learning curve of 88% and use the cost of the50th structure as your standard time for estimating manufacturing cost. Estimate the total material cost and the total manufacturing cost for the 100 prefabricated structures. (3.3,3.4)
i) If u is 15%, what is the reservation wage as determined by the wage setting equation? ii) What is the real wage? iii) Suppose the mark-up increases to 10%. What happens to the naturalrate of unemployment for the same reservation wage? iv) Is the w..
Using the liquidity preference framework, show why interest rates are procyclical (rising when the economy is expanding and falling during recessions). A graph is required for this part of the question.
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