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In the U.S. during the late 20th century, no-fault divorce laws became the norm in states. Ignore for the sake of this problem all the other factors that influence the marriage decision, what does the move to no-fault divorce do the implicit price of divorce? What would be your prediction about the effect of this change in the implicit price would have on the quality and quantity of marriages and divorces. If in the next decade, states were to repudiate no-fault divorce, would you predict a change in the quality and quantity of marriage and divorce?
1. imagine a person who wants to find a job within two months.explain why the eventual outcome finding a job or not
the economic analysis division of mapco enterprises has estimated the demand function for its line of weed trimmers as
Easy Living Corporation manages a 1000-unit rental apartment complex. If rent is set at $2,000 a month, the complex would have a 90 % occupancy rate. A 100 % occupancy rate is achieved by reducing the rent to $1,800 a month
How are unemployment and employment
An airline ticket costs the same from Casper, Wyoming to Denver, Colorado, and from Denver to Orlando, Florida. Does this make economic sense?
economists often study and evaluate economic policies by country or region. as an economist evaluate different regional
What average annual inflation rate would a monetarist expect if the Fed maintained a growth rate of M2 = 10% per year for a three year period? (Assume that the monetarist felt that the long run average growth rate of RGDP was 3%)
write a three to four 3-4 page paper in which you 1. discuss the current economic situation in the u.s. as compared to
John consumes leisure (L hours per day) and other goods (Y unites per day), with preferences decribed by U(L,Y ) = L + 2√y The price of other goods is 1 euro per unit. The wage rate is w euros per hour.
Airbus and Boeing compete in the market for big airplanes. Presume each produce only one type of airplane and the airplanes are identical. What will be Boeing’s profit if it decides first?
Describe the Harrod-Domar growth model, and explain precisely how the model illustrates dynamic instability. Why is it often called the “knife’s edge model”?
What subsidy is necessary to induce the monopolist to produce the socially optimal level of output?
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