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Do you believe that the imposition of minimum wage laws will issue a surplus of workers? What does the economic models suggest and are the economic models appropriate in your opinion?
CT has passed an increase in the state minimum wage to $9.60/hr in 2016 which increased to $10.10/hr in 2017. Do you believe that CT should have a higher minimum wage?
Do economists today think the general, overarching relationship between inflation and unemployment is negative (as suggested by the short-run Phillips curve)?
In the Heckscher-Ohlin model, if the share of country’s capital used in Computers is higher than the share of country’s labor used in Computers, then Computers must be the capital-intensive sector. Consider a specific factor model with labor as a mob..
Analyze the five business-level strategies discussed in Chapter 4 to determine which strategy the company you researched most likely applies.
Draw a hypothetical demand and supply curve for cyber cafes - coffee houses with computers hooked up to the Internet with access to daily newspapers (among other things) at each table. Show how demand or supply is affected by the following:
What happens to the rate of investment spending when interest rate drops, and how do I show that in a graph?
Draw a short-run production function: q=f(A,L,K ¯). Show that if some innovation results in higher productivity (A) but not increase in demand of the product, the innovation will reduce employment.
Assume a market with many individuals who trade goods. The number of goods available for trade grows as time evolves. In the first period, there is only one good to trade, in the second period, two goods, and so on (obviously in the Nth period there ..
Over the last several years, the airline industry has lost billions of dollars and individual firms (with the exception of a few discount carriers) have been unable to make a profit. Assess aspects of the oligopoly market structure that may be releva..
Why is environmental analysis important for an organization? Please be detailed.
Which typically tries to obtain views from particular groups and then "weights" the results by the prevalence in the population.
Explain how the increase in incomes and productivity affect asset prices?
What curve would be shifted (demand or supply) and in what direction (left or right) if there was a decrease in the tax rate or interest income from 20% to 15%?
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