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Q. "Real Wages and Productivity-Are Workers' Paychecks Keeping Up?" Over the long run historically, real wages produce about same pace as labor productivity. But has real compensation per hour kept up with output per hour over the latest 3 years shown? You are looking for is the most current information on percentage changes in output per hour of all persons in the business sector (labor productivity) and percentage changes in real compensation per hour. Explain?
What combination of T and M will you choose? Suppose that the price of day trip rises to $80. How will this change your decision making?
Calculate the marginal physical product of labor at each quantity of labor
In late 2006 and early 2007, orange crops in Florida were smaller than expected, and the crop in California was put in a deep freeze by an Arctic cold front.
Mining is proposed for a wilderness area that provides two benefits: recreation due to backpacking opportunities and biodiversity there are endangered wildlife and plants.
Explain the process of how that movement occurred using behaviors of consumers and suppliers. Graph the movement between the two points as well.
What is the total market demand for poly-glue at the price established by Alchemy. How much of the total demand will the follower firms supply.
Assume there are no other countries willing to trade goods, so when there is no trade between these two countries, each country consumes the amount of wheat and clothing it produces.
Suppose the government increases G to 1250. Compute private saving, public saving, and national saving and the new equilibrium interest rate.
How large is the bias in the CPI due to not immediately incorporating new goods.
Arnett is appearing for a new Web portal to utilize to access information which interests him on Internet.
Results of drilling are 15 dry holes, 12 gas producers, 18 oil wells, and 20 wells producing both oil and gas.
What is the market equilibrium cost. What is the equilibrium number of firms in the market.
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