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What are the welfare effects of a binding minimum wage? Use a graphical approach to show what happens if all workers are identical. Then describe what is likely to happen to workers who differ by experience, education, age, gender, and race
Given what you know about opportunity costs, how would interest paid on checking affect the demand for money?
A firm is considering purchasing $64800 of hand tools for use on a production line. It is estimated that the tools will reduce overtime work by $2000 the first year, with this amount increasing $1300 per year thereafter.
Assume that Jones deposits $500 in currency into her checkable-deposit account in First National Bank. A halfhour later Smith obtains a loan for $750 at this bank. By how much and in what direction has the money supply changed? Explain.
What are some of the trade-related issues the United States is currently facing?
this is a research paper, not an opinion paper. You should be able to justify every statement in the paper with published material.
The central bank has great credibility. The central bank announces a policy of disinflation, and the public believes the announcement. Inflationary expectations fall immediately.
The global economy in 2011 appears to be headed into a double-dip recession. Based on your knowledge of aggregate demand and aggregate supply, suggest the reasons and causes for the downward tailspin of the economy.
Do you think the introduction to Wilkinson's profile was effective or not and why? Write down your answers in a well developed paragraph of 8-10 sentences.
How, if at all, do the theories presented in this chapter support such a list of secrets of effective leaders? Which theory would seem to provide the best explanation?
Suppose that a government law required both groups of workers to be paid $22.50 an hour. Draw a graph to illustrate what would happen to the quantities employed of the two types of labor.
a) sketch the graph, clearly labeling all parts b) what is the equilibrium price in the absence of trade c) what will be the equilibrium price with trade d) if there is a trade barrier indicated by the dataabove which best fits the situation
Consider the scenario that is least favorable to the median voter. Under what conditions will the median voter vote in favor of public schooling?
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