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Suppose the rural wage is $4, the urban wage is $10, and the probability of finding a job in the urban area is 50%. Will we observe positive levels of migration from the rural to the urban area? Explain your answer.
Is the Middle -class shrinking and the upper & lower classes growing? Is this a cause for our increasing polarization in the country?
What is the probability as a proportion of obtaining a white male rat?
The production function. Y=K^5 (AN)^.5 , where both the population and the pool of labor are growing by rate n=.07, the capital stock is depreciating at a rate of d= .03, and A is normalized to 1. What are the capitals and labor's shares of income? W..
What is the sustainable growth rate of xiaomi? What do these numbers meani?(use Bloomberg)
In case of conflicting IP rights, could firms bargain to attain efficient outcomes. Is re room for entry if consumer welfare is not being served.
Give examples of externalities that we observe, and even contribute to, in our daily lives. Briefly discuss their potential economic and social costs.
Government officials have hired your consulting firm to encourage more people to use the city's zoo. In the initial meeting
Essay about What major arguments can you list to support the doctrine of free trade? Why is the WTO important in maintaining the doctrine of free trade? What values and principles has the GATT/WTO promoted to liberalize international trade?
price ceiling and price floorintroductionprice ceiling is the law that sets a maximum price below the equilibrium
Your job is to compute Colleen?'s cost of owning the furniture for the next year. To compute the? cost, you need two bits of? information:
Suppose a firm sells a good in 2 markets, each market is characterized by their own respective demand curve. Calculate the profit maximizing outputs and prices in each market assuming the firm can price discriminate. Calculate the own price elasticit..
If the project's Internal Rate of Return is 8.4percent, what is the amount of the single cash flow at the end of four years?
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