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Lately, unions are facing a decrease in membership. Given the current and the future economic trends, what do you think will be the future of unions? Do you consider joining one? Why or why not? Given their historical initial purpose, are they relevant in modern society? How is the current economic climate affecting workers' interest in Unions? Does it matter if we are talking about the private sector versus government jobs? If you are the employee or the owner of the business does that change your opinion?
Describe the binomial distribution and provide an example of a random variable that you think follows a binomial distribution. How is the standard normal probability distribution used in management, do you think?
The labor abundant countries of asia have experiences rapidly rising wages since those economies liberalized their international trade policies. Does this observation match the predictions of international trade theory? Explain.
Given that your Mexican business invoices in Mexican pesos, you are already aware that a decline in the value of the peso could reduce your dollar cash flows. Yet, according to purchasing power parity, a weak peso should occur only in response to a h..
Hair Re-Growth Company has developed a new product and is selling its product as fast it can be produced. As a result, the company is predicting growth of 20% per year for the next four years. What is the expected dividend each year for the next four..
Which of the following best describes a policy which moves the economy to the right and downward along a given short-run Phillips Curve?
q.exercise 1price mart reduces the price of a 42 inch tv plasma from 1200 to 1000. as a result sales of tv plasmas
The crop of hops in the Yakima Valley has been greatly affected by the recent forest fires in the state of Washington, and craft breweries in the Northwest turn to hops from Germany as a substitute for Washington hops. How would you illustrate this c..
Determine the steady state level of capital, income and consumption (all per unit of labor) as a function of the savings rate and the depreciation rate. Suppose that the depreciation rates is 10% per year. Compute consumption per unit of labor for a ..
Assume that GDP (Y) is 6,000. Consumption (C) is given by the equation C = 600 + 0.6(Y – T). Investment (I) is given by the equation I = 2,000 – 100r, where r is the real rate of interest in percent. Taxes (T) are 500 and government spending (G) is a..
What are 3 reasons why economists have been able to justify the claim that the period from December 2007 to June 2009 represented the worst economic downturn since the Great Depression?
The manager of the aerospace division of General Aeronautics has estimated the price it can charge for providing satellite launching services to commercial firms.
A firm whose price is below its average cost:
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