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Suppose the way that your state links the receipt of welfare benefits to attending job-training sessions is being debated. A recent study has found that the job training has little to no effect on the earning prospects of your welfare recipients. One politician argues that, for this reason, the job-training requirement should be eliminated. Others aren't so sure. What do you think?
The demand for a good is more price elastic A. if closer substitutes are available. B. in the short run than in the long run. C. if the share of the good in the average? consumer's budget is smaller. D. if the good is a necessity rather than a luxury..
As Kyle conducts his annual evaluations of his employees, he notices that Connie and Debbie have both been less productive since they were relocated in the same department. Kyle is in what stage of the managerial decision-making process? With communi..
A man is planning to retire in 20 years. He can deposit money for his retirement at 12% interest rate compounded monthly. It is estimated that the future general inflation (f) rate will be 4% compounded annually. Assume that his first withdrawal occu..
In Pioneer Ville, the price elasticity of demand for bus rides is 0.5, the income elasticity of demand for bus rides is -0.1, and the cross elasticity of demand for bus rides with respect to gasoline (personal consumption) is 0.2. 3. Is the demand fo..
illustrate what does this mean for the survival of small firms in the industry.
Politicians are often heard saying that tuition at state universities should be kept low "to make education equally accessible to all residents of the state, regardless of income." Think about the flu shot in the context of a public good. What are th..
For each of the following scenarios involving the U.S. government, determine the primary function of government that is being served. The government levies a tax on consumers and businesses to pay for the provision of a public good (such as national ..
Explain how each of the following changes the money supply of the local economy. Discuss two limitations of the consumer price index (CPI) as a measure of the cost of living.
What are some barriers a company might need to overcome when entering the global market? and What are some sources of financing for a new business? Limit your post to one source, and include some pros and cons.
A sudden crash in the stock market shifts
Economy produces 1000 tonnes of apples, 2000 tonnes of oranges, and 3000 tonnes of banana, and the market prices (in 2015 dollars) are $3 per tonne, $2 per tonne, and $1 per tonne, respectively. In 2016, the production is 2000 tonnes for all three go..
Arrows up or down. In the application on consumer loans in South Africa, the loan uptake rate _________ as the interest rate decreased and _________ when the model on the offer was switched from a man to a woman. Advertising for Loans. Consider the n..
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