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Explain how bargaining over the inclusions of feather bedding provisions in a union contract can result in more efficient contracts than bargaining over wages alone (a graph might be helpful).
It is anticipated that one-time renovations costing $500,000 will be carried out after 18 years. Overall benefits to the community are expected to average $220,000 per year. The facility will have no salvage value. Assuming an interest rate of 5% ..
you have 2000. the current interest rates on dollar and pound denominated deposits for 180 -day maturity are i 0.02 2
If the reserve requirement (rr) is 0.2, what Is the simple deposit multiplier? If, in addition, the currency deposit ratio (c) is 0.06 and the excess reserve ratio (e) is 0.16, what is the money mul-tiplier? Explain why the money multiplier differ..
A market contains a group of identical price-taking firms. Each firm has a marginal cost curve SMC(Q) = 2Q, where Q is the annual output of each firm. A study reveals that each firm will produce if the price exceeds $20 per unit and will shut down
The demand function for good X is QXd = a + bPX + cM + e, where Px is the price of good X and M is income. Least squares regression reveals that:The R-squared is 0.35.
What is the yield to maturity on a Treasury bill that matures one year from now, has a price of $1,010, and has a face value of $1,000? If the consumer price index is expected to decline during the year from 250 to 245, what is the expected real i..
A number of states, California and Illinois for example, have recently experienced fiscal problems because tax revenue has not kept up with expenses. States and cities have defaulted on debt in the past. Give an argument for or against the idea of th..
How is unemployment calculated in the US? Define the four types of unemployment in the US and provide at least one example for each type.
Include also a discussion of: Which market form would benefit you the producer the most and Which market form would benefit consumers the most.
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Suppose Blanca would prefer a certain income of $20,000 to the expected value of the gamble. Explain her preference toward risk by drawing a graph.
fiscal policy refers to the changes in governments choices regarding the overall level of government spending and
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