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Solve the following problem by developing new policies, actions or solutions. Identify how we can pay for this solution to be implemented? New taxes? Cuts in present programs? Are there any changes in the present US constitution that might be neccesary to implement this solution?
Problem: 60% of the youth between 18 and 30 in Detroit are unemployed, have not completed high school, are at various levels of functional illiteracy, without job skills, and are living on welfare or through illegal activity. What can we do to eliminate this "negative human capital"? Or even better, turn it to "Positive human capital".
Describe how a nurse's pay is determined and how the salary is structured. Discuss what your chosen state can do to increase the supply of nurses.
economists also the public at large normally think of skill-level having having an inverse relationship with unemployment.
Physical capital, Natural resources, Human Capital and Technical Knowledge, should it be Government policy to subsidize the production or acquisition of all or these?
In what direction would the shift in labor supply and demand go. Illustrate what would be its effect on the equilibrium of the labor market.
Utilize the principle of contracting-out to provide an economic argument for contracting-out or outsourcing some government-provided service or aspect of a firm's production.
When 50 employees are used, the average product of labor is 50 and the marginal product of 50th worker is 75.
Assume there are 12 firms in an industry. The percentage of total sales is given in the following table:
Explain how can these limits to reimbursement be viewed as the exercise of monopsony power.
You are a financial adviser to a U.S. corporation that expects to receive a payment of 40 million Japanese yen in 180 days for goods exported to Japan.
Illustrate which tool is used most frequently. Illustrate what are two limitations on the money expansion process.
Illustrate what happens to the supply of new homes. What happens to the demand for new homes.
Suppose if the government increases taxes, which of the following is LEAST likely to occur.
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