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Demonstrate the basic predictions from the theoretical model of legal immigration. What is the empirical evidence on the effects of immigration on a Canadian economy?
Why is it difficult to distinguish between frictional, structural, and cyclical unemployment?
Suppose the market for cars is unregulated. That is, car prices are free to adjust based on the forces of supply and demand.
Calculate the deciles and quintiles. The Kuznets’ ratio = What is the interpretation of the Kuznets’ ratio?
Given the following information, calculate the over-target share ratio: Optimistic Cost Estimate: $800,000 Optimistic Profit: $200,000 Target Cost Estimate: $1,000,000 Target Profit: $150,000 Pessimistic Cost Estimate: $1,250,000 Pessimistic Profit: ..
Suppose the government decides to impose a tax on gasoline and use the revenues to reduce income taxes in a manner such that consumers' income tax reduction equals the amount of gasoline tax paid. Using indifference curves and budget constraint analy..
Consider the following production function f(k,l) = k^1/3 + l^1/3. Suppose the government taxes labor at by an amount t per unit of labor. Rewrite the long run cost function including the tax.
A deposit of $710 earns interest rates of 10.1 percent in the first year and 7.1 percent in the second year. What would be the second year future value?
Suppose pizzerias and sushi bars experience roughly the same economies of scale, with a common minimum market size of 200,000 meals per
What will the income of the two countries be when it is equal?
Suppose the demand for paper is given by Qd=360-4p and the industry marginal cost of production is given by Qs=6p.in addition the firms production imposes an external toy with an associated marginal damage of MD =2. what is the net cost to society of..
"Buy American" is a protectionist trade policy. How does or how would this policy .affect the principle of comparative advantage?
Draw a production possibilities curve for the pleasure you get between hanging with friends and from doing your Economics problem set. Are these activities complementary or are they substitutes? Does it matter which friend you are studying with? How ..
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