Subsidize the salaries of business

Assignment Help Basic Statistics
Reference no: EM132519684

Hong Kong's embattled leader on Wednesday unveiled her government's biggest coronavirus financial relief package so far, offering a HK$137.5 billion (US$18 billion) lifeline to save ailing businesses and ensure some 1.5 million workers would continue to get paid in the tough months ahead

The government would, through employers, pay 50 per cent of salaries for half a year, each worker's monthly subsidy capped at HK$9,000
Many small businesses are seriously affected by the Coronavirus. For example, some Chinese restaurants revealed that they might close their business in next few months. 1 Coronavirus: Carrie Lam unveils Hong Kong's biggest Covid 19 relief package yet, worth HK$138 billion, to ensure 1.5 million workers still get paid.

a) Starting with long run equilibrium, show how small business are affected by the Coronavirus. Explain with aid of diagram.

b) The Hong Kong government proposed to subsidize the salaries of business. Discuss why some small business still decide to close in short run. Explain with aid of diagram.

Reference no: EM132519684

Questions Cloud

Explain between plant assets and intangible assets : Explain what are the differences between Plant Assets and Intangible Assets. What is depreciation and its methods with examples?
All organizations in the country employ people : All organizations in the country employ people. Employment laws impact everyone, regardless if you are actively employed or not.
Practical field trip report : Practical field trip report - The mapping must be done via a pen/pencil and a tracing paper for the stereonet graph with the data present.
Find what annual rate of return must earn on investment : Find What annual rate of return must you earn on your investment to achieve your target? Provide complete calculations in your answer.
Subsidize the salaries of business : The Hong Kong government proposed to subsidize the salaries of business. Discuss why some small business still decide to close in short run.
Cureall charge for a dose of the drug : Suppose that Cureall is sold to a charitable organisation whose mission is to maximise total surplus. How many doses of the drug would the organisation
How much should pay for the investment : How much should she pay for this investment if she wishes to earn a 6% rate of return? Provide complete calculations in your answer
Primary task response : Primary Task Response: Your first task is to post your own Key Assignment Outline to the discussion area so that other students are able to review your plan.
Subgame perfect nash equilibrium : Describe and explain the strategies of State ER and University ER in the Subgame Perfect Nash Equilibrium (SPNE) of this game respectively.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd