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Question: Should the United States pass a minimum wage that assures all workers earn a wage above the poverty level? Defend your position using economic principles. The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.
Suzy has just finished her economics exam and must decide whether to spend it: a) going home and just sitting around;b) going to the sauna;
What is the short-run equilibrium level of output (Y)? What is the short-run equilibrium level of inflation (p)?
One study compared the performance of a single company's franchised and company-owned fast-food outlets on health inspections.
create a demand schedule and a supply schedule for your product.using these schedules draw a demand curve and a supply
With three issues (two outcomes each), there are eight possible contracts. Which contracts are inefficient (i.e., produce worse outcomes for both sides than some other contract)?
Describe the current state of the economic factors and analyze how unemployment affects aggregate supply and demand.
who gains and who loses from a tariff? how do the effects of tariffs differ from the effects of quotas? if you were a
Suppose a consumer only buys two goods-hot dogs and hamburgers. Suppose the price of hot dogs is $1, the price of hamburgers is $2, and the consumer's income.
List one innovation since 1990. How might it have boosted productivity? If you could invent something new to help boost productivity, what would it be?
Construct a decision tree incorporating your probability estimate from part (a) and your utility values from part (b). What is the operator's best course of action? Explain.
One government strategy to provide for economic stability and encourage economic growth is to provide tax reductions or tax incentives for individuals and businesses. An alternative approach is to increase government spending to accomplish these g..
Compute the industry prices necessary to induce short-run quantities supplied by the firm of 5,000, 10,000, 15,000 tons of sweet peas. Assume that MC>AVC at every point along the firm's marginal cost curve and that total costs include a normal pro..
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