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Q. The following is a report from a not-very-efficient BLS survey taker: "There were 90 people in the houses I visited. Twenty of them were children which is under the age of 16, 25 people had full-time jobs, and 10 had part-time jobs. As 10 retirees, 5 full-time homemakers, 9 full-time students over age 16, and 3 people who were disabled and cannot work. Remaining group did not have jobs, except all said they would like one. 5 of this group had not looked actively for work for 3 months, however." Find the labor force, the working-age population, the number of employed workers, and the number of unemployed workers.
What is the cost of producing an additional washing machine when 50 cars are being produced? When 150 cars are being produced?
What happens to price of a bond that pays a fixed percent of face value every year when interest rates in economy increase.
Illustrate what are the influences of aging population to business in developing countries. In these transactions, Explain how much has been added to GDP.
Illustrate what advice would you offer Kyle also Chad when they are ready to present their business plan to a banker.
If they charge same price in each market, what should be quantity sold in each market, equilibrium price and total profit.
Calculate the deadweight loss from the tax. Elucidate the tax be defensible in spite of the deadweight loss.
If quantity is 20 also if producers receive the seller's price for to output illustrate what is the amount of Producer Surplus.
Omar's marginal utility for cups of coffee is constant at 1.5 utils every cup no matter elucidate how many cups he drinks.
Illustrate what is the relation between marginal benefit and marginal cost at this level of the control variable.
Explain what were the problems with this corporation from an organizational architecture point of view.
A committee of 4 has to be chosen from 12 representatives, of whom 8 are men and 4 are women. If selection is random what is the probability that.
Suppose a society decided to reduce consumption and increase investment. How exactly would this change affect long term economic growth?
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