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Suppose the adult population over the age of 16 is 237.8 million and the labor force is 153.9 million (of whom 139.1 million are employed). How many people are "not in the labor force?" What are the proportions of employed, unemployed and not in the labor force in the population? Hint: Proportions are percentages.
Austin Kendall, one of the residents of Kendallville, decides on his own to reduce his consumption of Zhlurp by one bottle. What happens to Austin's welfare (his consumer surplus minus the cost of pollution he experiences)? How does Austin's decis..
Choose one company from the market structure of monopolistic competition and one company from oligopoly. State which characteristics fit and make these market structures fit to the description.
Describe the economic phenomenon of agglomeration.
Use the inverse matrix method to solve for equilibrium level of national income and the equlibrium rate of interest in this economy.
Staff members and the board of the Knotfer Prophet Agency have decided to express the dramatic side of well-known and respected community and agency supporters with a calendar that each month displays one of them in a costume that reflects the hap..
In the old days lighthouses were built along the coast to prevent ships from runnung around on the rocks in unfamiliar ports. By shining a beam of light over a port and guiding ships away from the rocks, these vital buildings reduced the risk for ..
you want to invest in a hot dog stand near the ball park. you have a 0.35 probability that you can turn your current
Derive the HHI
When in?ation increased sharply in the 1970s, the savings rate increased. Evaluate the role of interest rates and current and future income in explaining this phenomenon.
Assume individuals consider only the short-run effects of changes in future macro variables when forming expectations of future output and future interest rates. Suppose individuals expect future government spending to increase.
THE SOUTH AFRICAN GOVERNMENT IS NOT PROVIDING ENOUGH WELFARE OR SUBSIDIES TO THE POOR AND UNDERPRIVILEDGED.
What kind of competitive market does Paulo's Pizzas operate in and how many pizzas does Paulo's produce to maximize profits - What is the profit maximizing price
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