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California employers of more than 50 workers are now required to offer paid family leave for workers with newborn children. Under this law, businesses with more than 50 workers are required to hold a job for a worker who goes on paid leave for up to six weeks. When on leave, workers receive 55 percent of their normal pay. What are the likely responses on the demand (employer) side of the labor market? Include in your analysis a consideration of factors that would affect the size of these responses.
Suppose in country Triniland employers are required to pay overtime at 50% above the normal wage rate for workers who work beyond 8 hours a day.
Suppose your telephone plan charges you $25 per month plus ten cents per minute for long distance calls. Write an equation that describes your monthly telephone account.
Compute the marginal cost in the given case. Illustrate what is the marginal cost with 8 workers to two decimal places.
Using an IS-LM diagram analyze what would happen to the economy if both consumer and business confidence decrease dramatically. Which policy mix would you advocate? Explain using a diagram.
Elucidate the similarities and differences of the breakup of the AT&T/Bell System antitrust problems.
Assume one firm buys another firm. Elucidate what issues might arise as they attempt to merge their respective performance management systems.
Illustrate the point price, income, also cross elasticities at the present values. Interpret your answers, saying how much a 1% change in each variable impacts demand.
Illustrate what research did Krueger use to "help win" a rise in the minimum wage in 1996. What did his results show.
Use both an individual's indifference curve and budget line, and the aggregate labor supply curve to explain and illustrate your answer.
Fed Chairman Ben Bernanke finally confess that the Fed has been printing more new currency over last some months to help stimulate the economy and more recently noted economy may not yet be out of woods,
Describe the economy's stage in the business cycle and evaluate current macroeconomic conditions.
Assume that initially the goods and services market is in equilibrium at the potential
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