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There are two related questions -
(1) Union membership has been declining in the U.S. private sector for many years. What do you think are the major reasons for this? Why isn't this true for the public sector?
(2) Describe the actions that an employer may take when a union attempts to organize the workforce. What employer actions are prohibited?
For your answer here - you must write at least 4 paragraphs. Remember to read your answer and then the questions again. Did you answer each question completely?
Why might price collusion occur in oligopolistic companies. Evaluate the economic desirability of collusive pricing.
Suppose that in a particular country, GDP per capita was $ 10,000 in 1960 and $ 40,000 in 2008. Using the rule of 72 (not a calculator), approximate the annual growth rate of GDP per capita.
Draw diagrams to explain how shifts in aggregate supply and demand are likely to lead to changes in output and inflation when:
a. choose a country and from last next 4 weeks collect as much current economic data data that will be released over
Given the products below and the events that affect them, indicate what happens to demand or supply, and the equilibrium price and quantity in a competitive market. Identify the determinant of demand or supply that causes the shift.
Assume only two countries, China and the US. If China decides to stimulate growth through a policy of running a large export trade surplus, does China’s national savings increase? Show the relationship between China’s national savings, domestic inves..
Argentina and New Zealand each produce wheat and mutton under conditions of perfect competition, as shown on the accompanying production possibilities curves. What is the opportunity cost of producing each good in Argentina? Explain how international..
Imagine an economy with two types of goods; those that are tradable T (goods that can cross borders) and those that are not tradable NT. The technologies to produce them out of labor are T(L) = 2LT and NT(L) = 4LNT. The total amount of labor in this ..
How do sports marketers enhance the perceived value of their commodities? Cite at least two examples. How has the Internet changed entertainment marketing? Is this a positive or negative change?
What must the CFO expect about the Australian Dollar/US$ exchange rate 1 year from now if she chooses to invest in the US $ CD's instead of the Australian CD's.
q.we compare the welfare of home consumers in the no-trade situation and under free trade.a. under perfect competition
Calculate the effect that hiring the new policemen would have on the social cost of crimes committed - calculate the effect it would have on the cost of trying and punishing offenders.
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