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Q. 1. Predict what would happen to the labor force participation rate of women if wages for women decreased. Explain.2. Predict what would happen to the labor force participation rate of workers in their 50s if Medicare benefits (large health care subsidies for the elderly) were lowered to age 55. Explain.3. In some urban neighborhoods, crime is a potential source of non-labor income for many individuals. Explain how this might affect labor force participation rates in these neighborhoods.4. Consider yourself. Is your individual labor supply curve upward sloping, downward sloping, or backward-bending? Explain.5. Compare and contrast the substitution effect and the income effect in the work hour's decisions of individuals.6. What happens to the work hours of an individual if her wages increase and the income effect dominates? Explain.7. What are the strength of the neoclassical models of labor supply and labor demand? What are the weakness of the neoclassical models of labor supply and labor demand?
Suppose that Missing Link must pay a tax equal to 40% of its gross revenue. What is the optimal number of machines for the company.
The Solow Growth Model. In 2010, Japan was a large open economy with perfect capital mobility that was at its steady state.
What is the average fixed cost of producing 4 units of output and What is the marginal cost of producing the third unit of output.
Evaluate the financial performance of the company using the information providedin scenario. Consider all the key drivers of performance, such as company profit or loss.
As control variables, Quinn's data also includes income the individual earned in the month the data was collected, and the amount that it rained in the month the data was collected.
Consider a small economy in which consumers buy only two goods pies and tarts. In order to compute the consumer price index for this economy for two or more consecutive years.
Assuming that your opportunity cost funds interest rate is 5% which refrigerator would you buy and why.
Assuming that land and labour are complements in a farming production function, what would happen to the wages earned by workers and the rents earned by landowners in Texas.
Characteristics of Proprietorships what percentage of sole proprietorships is engaged in retail trade? Why might more sole proprietorships be engaged in services rather than manufacturing?
Elucidate the marginal revenue from the fourth worker
We operate 300 days per year and have found that an order must be placed with our supplier 6 working days before we can expect to receive that order.
What are some methods for improving the financing of the U.S. health care system. Are these methods realistic and achievable? Justify your answer with solid reasoning and appropriate references.
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