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The case study of wages and productivity in the textbook demonstrates that:
A) Workers lose out when international trade takes place.
B) Internationally, worker productivity varies directly with real wages.
C) Workers who get educated get higher wages.
D) Workers become more productive, but most of the value added goes to the owners of capital.
You purchase a 20-year bond today with a $10,000 face value that makes annual coupon payments at a 5% coupon rate. If the yield to maturity on 20 year bonds at the time of purchase was 4%, how much did you pay for the 20 year bond? After holding the ..
Can you think of another situation similar to the LeBron effect in which derived demand was created by something that happened in the external environment—something that caused other companies to sell their products to other businesses to meet new de..
A perfectly competitive industry is initially in a short-run equilibrium in which all firms are earning zero economic profits but in which firms are operating below their minimum efficient scale.
A 10 year $20,000 savings bond with a coupon rate of 8% payable quarterly has what present worth if the purchaser anticipates a 10% quarterly rate of return?
The graph below shows the demand and supply curves of the market for gasoline as well as the wedge that the tax creates. Explain how much is the total tax revenue.
q. 1. elucidate how changes ini. population growth rateii. savings rateiii. technology growth rate change the
Some people are saying which majority of the budget deficit are funds which some branches of the government owe to other branches.
A company is considering getting involved in electronic commerce. A modest e-commerce package is available for $29,000. If the company wants to recover cost in 2 years, what is the equivalent amount of new income that must be received every 6 months ..
The cost of the grapes may be as much as 60% of total production costs but varies greatly from lower-quality inexpensive wines to the highest quality wines.
Which of the following items used to produce a product is a capital item?
Zelda Industries is the only firm of its kind in the world. Due largely to historical accident, it began producing streganomas in 1985 in a vacant warehouse. Virtually anyone with a degree in college chemistry could easily replicate the firm's formul..
Consider the following Heckscher-Ohlin model: there are two countries, America and China, two goods, high-tech manufactures and low-tech manufactures, and two factors of production, skilled labor and unskilled labor. What happens to the wage of skill..
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