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Let's go back 50 years to 1971. What would the nominal minimum wage have to be in 2021 to equal the same real purchasing power of the minimum wage in 1971?
q1. if the equilibrium level of aggregate expenditure is 80 billion as well as there is a reduction in consumption of 2
What is the relationship between rate-of-return and bubbles. Is it correct to say that in Chinese housing market, because the rate of return is increasing, bubbles will naturally arise and growing? Can you explain it, why?
What are some examples of the financial crisis in Greece and the potential market problems because China's economy is fueled by construction of cities that remain unoccupied? We need to discern the financial condition of the world and look at dollars..
Assume the required reserve ratio equals 12%. Find the maximum deposit expansion using the deposit multiplier formula. State what happens to the a) excess reserve to deposit ratio, b) bank loans to the public, and c) the money supply. State what happ..
Suppose two countries, A and B, with the same production function Y = K? L1?? . The value of ? is 0.30, the growth rate of population is 2% and the depreciation rate is 5%. Show that with price-taking firms the share of labor must be 1?.
Determine the point estimate of the population mean and margin of error for the confidence interval.
Suppose that the Fed intervenes in the foreign exchange market to lower the value of the dollar. Assuming that domestic and foreign assets are perfect substitutes, use T accounts of the Fed to show how an unsterilized foreign-exchange intervention di..
Using the Five Forces model, explain the prospects for profitability of the Commercial Aircraft Industry.
Explain this result in terms of the example in the question above. How might things change if the border were open, with no restrictions on immigration?
Why did some regimes collapse during the "Arab Spring" while others were able to suppress revolutionary movements?
On Perfect Competition or Competitive Market, or Perfectly Competitive Market, what are the necessary conditions for this type of a market structure to exist.
What factors explain wage differentials? why do movie stars get paid much more than school teachers? The answer must be explain the concepts as if your explaining it to a person who have no knownlege with the subject.
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