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An economy has 100 people divided among the following groups: 25 have full-time jobs, 20 have one part-time job, 5 have two part-time jobs, 10 would like to work and are looking for jobs, 10 would like to work but are so discouraged they have given up looking, 10 are running their own businesses, 10 are retired, and 10 are small children.
1. Calculate the labor force and the labor-force participation rate.
2. Calculate the number of unemployed and the unemployment rate.
Estimate the opportunity cost of taking this class. Include direct expenditures such as tuition, books, and supplies, as well as indirect expenditures such as the value of the time spent in class. Don't forget to include the opportunity cost of ti..
Calculate the net present value and payback for each project and state which project the company should accept and why.
How the ATC curve affects all four market structures and identify whether firms will earn a profit or loss based on the placement of the ATC curve and price.
As the manager of monopoly, you face potential government regulation. Findout the monopoly price and output.
What gives interest groups their power? In other words, what are their most important resources they possess that enable them to exercise influence? What kinds of activities do they engage in? Are interest groups good or bad for democracy? Why?
Go to a popular online electronic commerce site like ebay.com. Place several items in your shopping cart, and then go to check out. When you reach the screen that asks for your credit card number, right-click on the Web browser and select "Propert..
In economics, we usually assume that the manager's goal is to: Answer Maximize the firm's sales. Minimize the firm's costs. Maximize the firm's profit. Maximize the firm's stock price.
An increase in which of the following factors (from the perspective of the domestic country) would cause an appreciation of the domestic currency in the long run?
ECON 4320 University of Colorado, Denver What happens to the real wage rate and the full employment level of output? There is an AD-AS model
The Federal Reserve System is structured in such a way as to insulate monetary policy from the political pressures characteristic of the rest of our political system of representative democracy.
Suppose that the market for sweaters is perfectly competitive. The graph below shows the cost curves of a typical manufacturer in the market. Use the blue rectangle (circle symbols) to shade the profit that the manufacturer makes at a market price..
You have been asked to provide a preliminary analysis of characteristics of Canada's immigration and its impact. You can pick any year or any time period as long as data are available.
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