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Assume that the supply of low-skilled workers is fairly elastic, but the employers' demand for such workers is fairly inelastic. If the policy goal is to expand employment for low-skilled workers, is it better to focus on policy tools to shift the supply of unskilled labor or on tools to shift the demand for unskilled labor? What if the policy goal is to raise wages for this group?
According to the News on page 238, how much more did the average household spend on appliances, electonics, and furniture when it received the 2008 tax rebate? (b) If all 110 million households did so, how much did aggregate consumption increase
Write a two-page essay that explains why in perfect competition, there are no economic profits or losses in the long run. Use a minimum of two academic journal articles.
Consider the following classical inventory problem. A retailer must decide the quantity Q to order periodically to minimize expected annual cost. The retailer faces demand of D units per year and every order that is placed incurs an order processi..
Summarize the empirical results of Minhas, Leontief, and Ball on the prevalence of factor reversal in the real world.
Why might the British government's critics have thought it possible to lower interest rates after taking sterling out of the ERM? (Britain was in a deep recession at the time the article appeared.)
A manufacturer wishes to produce 1,000 metal frames. A setup time of 5 hours is required at the beginning of each batch of 20 frames. Find the setup time per frame in HOURS. hours Find the total setup time to produce the quantity needed.
A girl with a current wealth of Rs 50,000 who faces the prospect of a 25% chance of losing her Rs 26,000 jewellary.suppose her Von newmann-Morgensterm utility index is U(W)= ln(W).
A baker is considering expanding her busines by adding an additional oven to her kitchen. The new oven would cost $14,000. The baker expects the new oven to bring in additional profits of $15,800 after taking out the cost of running the oven.
The Parker Company's stock has a beta of 1.2. The risk-free rate is presently 5 percent and the market risk premium is 4%. Calculate the new required return if the slope of the SML is now 0.05
Could the auto store qualify as a holder in due course?
What single amount on april 1 2012 is equivalent to a series of equal, semiannual cash flows of $1000 that starts with a cash flow on january 1, 2010 and ends with a cash flow on January 1, 2019
Given the following equations, P=1000-10Q, MR=1000-20Q, and MC=400 Calculate the competitive equilibrium consumer surplus. Calculate the Monopoly-case (a) deadweight loss, (b) remaining consumer surplus,
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