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If the government raises the minimum wage by 6%, the number of people employed falls by 2%. What is the elasticity of employment with respect to the minimum wage?
An economy grows at an annual rate of 3% It will take approximately years for GDP to double. (Round your answer to the nearest whole number.)
Suppose that the U.S. noninstitutional adult population is 206 million and the labor force participation rate is 67%. What us the size of the labor force? If 72 million out of the 206 million adults are not working, what is the unemployment rate?
In 1990, the GDP of Canada was $550 billion as measured in Canadian dollars, and the exchange rate was that $1 Canadian was worth 88 U.S. cents.
In Visual Basic, Please write a procedure named TimesTen that accepts a single Integer argument. When the Procedure is called
Some individuals have suggesested raising the required reserve ratio for banks to 100 %. What would the money multiplier be if this change were made?
What is his AFC per poster (not per thousand!) if he prints 1000 posters? 2000? 10,000?
Explain how is world currency valued against the US dollar such as Euro and Chinese.
Assume that the Marginal Cost in period 1 is constant and equal to MC1=$2; and the Marginal Cost in period 2 is also constant and equal to MC2=$4. Determine the dynamic efficient allocation. Determine the optimal prices and marginal user cost in both..
Choose an industry sector in Zambia with which you are familiar and identify the elements in firms' macro environment that may affect their profitability.
You also connected the two routers' serial interfaces using a back-to-back cable.
Why are the monopolist's and the monopolistically competitive firm's demand curves downward sloping while the competitive firm's demand curve is horizontal?
a. Compute the total monthly cost of Hanna's meals and indicate whether inflation, deflation (negative inflation), or no inflation occurred during these months.
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