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In 2013, there were numerous global conflicts: civil war in Syria, unrest in Brazil, and continued turmoil in Iraq and Afghanistan. Though many of these conflicts are far from U.S. borders, how might they play out in the American economy (i.e., in labor markets), using the standard stylized version of the DSGE model? What if wages were sticky?
Assume that Mei has $100 per month to divide between dinners at a Chinese restaruant and evenings at Zanzibar, a local pub. Assume that going to Zanzibar costs $20 and eating at the Chinese costs $10. Draw the budget constraint and show that she can ..
Efficiency-wage theory suggests that to improve workers performance, firms should:
The long-term result of entry and exit in a perfectly competitive market is that all firms end up selling at the price level determined by the lowest point on the:
What's the point of creating new bills with more security measures to prevent counterfeiting? (For example in the USA the new $100 bills have more security features). If the old bills are still acceptable as currency, why would anyone even try to cou..
what is the lowest amount of collateral that the bank should require to ensure that the firm will choose to proceed with the guaranteed project?
Write an essay about 300-400 words about Gross Domestic Product: analysis of Viet Nam economy's GDP composition and growth over time, as well as an investigation of the country's basis for income generation and any and all constraints to growth
Derive an expression for average cost. Derive an expression for marginal costs. Is there any range of production characterized by scale of economies? At what production level are scale economies exhausted?
The demand for mini cassette players can be characterized by the following point elasticities: own price elasticity= 2 in absolute value, cross price elasticity with AA alkaline batteries= -1.5, and income elasticity = 3.
Until the Uruguay Round of trade negotiations, which of the following sectors were NOT included in the rules for International trade? Steel and agriculture Automobiles and electronics Agriculture and apparel Steel and textiles Automobiles and agricul..
Explain in terms your parents would understand how mandating employer-paid insurance is likely to lead to a permanent loss of jobs for low-paid workers
An intraocular lens manufacturing is in the qualification process of a polishing machine.
Suppose you are considering moving your company’s headquarter from Nashville to LA. Last year you paid $100,000 for an option to buy a building in LA. The option gives you the right to buy the building at a cost of $1,000,000, so that if you ultimate..
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