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Simon Langlois studied government employment in Quebec. He found that even though the government had made efforts to formalize recruitment, over 40 percent of those surveyed found their jobs through personal contacts. In the majority of those cases, the personal contacts were fairly casual, not close friends. What principle is demonstrated here?
the strength of weak ties
the power of strong triads
the way reference groups affect people s behavior
the role group cohesion plays in determining behavior
the power of groupthink
Illustrate what would be a simple options strategy utilizing a put and a call to exploit your conviction about the stock price"s future movement.
Assume an economy with an aggregate production function of the form Y = 1.5K. If the nation’s population grows at 5%, the rate of depreciation is 3%, and the savings rate is 8%, what is the steady-state output per capita level?
Suppose the firm is operating in a high-wage country, where capital cost is $100 per unit per day and labor cost is $80 per worker per day. For every level of output, which technology is cheapest.
If you were to be a retailer, would you want to sell elastic or inelastic goods? State your reasons in your answer.
create a scatter chart to display thegame
Suppose tariffs of $2 were imposed. Calculate the effect on producer surplus, consumer surplus, government revenue and the deadweight loss.
Demand curves have a negative slope because Select one: a. firms tend to produce less of a good that is more costly to produce. Incorrect b. the substitution effect always leads consumers to substitute higher quality goods for lower quality goods. c...
Carefully explain, using graphs, the effects of the following shocks on rst period aggregate supply and aggregate demand in our two period macro model. For each shock, what happens to rst period consumption, rst period investment, rst period employme..
Statistics Canada has recently adjusted the CPI basket of goods and services by increasing the share of shelter in total expenditure from 25.7 to 27.5 percent, and decreasing the share of recreation, education, and reading from 13 to 11.8 percent. Wh..
The Economy cannot be considered fully employed unless the measured unemployment rate is below 1%. Agree or disagree and explain your answer in a paragraph.
Find out the Nash equilibrium prices of the procedures at the hospitals. Do the merger result in price increases.
A chemical recovery system costs $30,000 and saves $5,280 each year of its seven=year life. The salvage value is estimated at $7,500. The after-tax MARR is 9%, the CCA rate is 20% and taxes are at 45%. What is the net after-tax annual benefit or cost..
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