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In regards to the labor market and wage determination
Do you think the minimum wage law is an economically efficient means of reducing household poverty? Why or why not?
What are some other ways that might be more efficient for this purpose? Suggest two or three viable measures.
The nominal GDP in 2000 was $672 billion and $1,690 billion for 2010; the real interest rate was 6.79% in 2000 and 3.71% in 2010; the 2000 deflator was 24 and 51 in 2010. What is the real gain?
(a) A shop manager's annual gross salary is £29,400. A bonus of 3½% of the monthly gross salary is earned and paid in October. Deductions from salary in October are Income Tax and National Insurance. National Insurance deduction in October is 6¾% ..
1. the largest component of spending in the circular flow model isa. investmentb. consumptionc. net
1. Technological improvement leads to increases in factor productivity but does not contribute much to the growth of aggregate real income for a nation.
Devise a hypothetical business situation in which buying a lookback call option on a commodity may be a sound strategy for you. How about a down-and-out call option
The largo publishing house uses 400 printers and 200 printing presses to produce books. A printer's wage rate is $20, and the price of the printing press is $5,000.
For each restaurant, write profit as a function of Px and Py and find the best response functions of the two restaurants.
Nina is able to select her weekly work hours. When a new bridge opens up, it cuts one hour off Nina's total daily commute to work. If both leisure and income are normal goods, what is the effect of the shorter commute on Nina's work time
The table below shows actual sales for your company for the last six months ("month" = "period"). You are interested in forecasting sales for the upcoming month (period 7).
Illustrate what are the benefits and drawbacks of dynamic pricing for that particular company.
a civil engineer involved in construction management must decide between two ways to pump concrete up to the top floors
during the late 1980s and early 1990s economic reforms initiated by soviet president mikhail gorbachev began to raise
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