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Assume a country where the workforce includes a large proportion of workers coming from other foreign countries. Due to the pandemics, borders have closed, and all these workers employed in a country, are going back to their home country. Assume that there is no minimum wage, and that the wage is determined by market conditions. It means that there is initially no unemployment. What is the impact of closing borders on the supply and demand of labour? What is the impact on the wage, the labour force, the employment rate, the unemployment rate?
Supply and Demand in the U.S. Car Market. Please include a graph showing the initial equilibrium and the new equilibrium with the corresponding price and quantity and an explanation to support your answer. As the price of gas increases, what happens ..
Consider the 2008-2010 recession. Use the IS-LM model to analyze the following. Suppose that the decrease in housing prices causes investment to decrease sharply, How are GDP and interest rates affected, ii) Suppose both fiscal and monetary policies ..
Spalding Doughnuts wants to know about its waiting line. Currently, Spalding Doughnuts uses a single-server, single-phase system when serving customers. What is the average number of customers waiting in line? What is the probability of having more t..
Walmart has developed quite the name for themselves! While they produce many products, they have still managed to create a strong brand image.
Consult recent annual reports and Internet sources to find out what new products that company has brought to market in the past year or two. Are those products truly new innovations, or are they simply extensions of existing products? What considerat..
This assignment consists of three (3) sections: a narrative, a ROI Spreadsheet, and a project outline.
Quarterly deposits of $1,000 are made at t=1,2,3,4,5,6, and 7. Then, withdrawls of size A are made at t=12,13,14, and 15. If the fund pays interest at a quarterly compunding rate of 4%, what value of A will deplete the fund with the fourth withdrawl?
Can you explain why some economists are against a target of zero inflation?
Converse the latest equilibrium price also quantity to result from these changes.
Nicole sells cupcakes. She knows that if she charges $1 per cupcake, she will be able to sell 100 cupcakes. She also knows that if for every 25 cents she raises the price, she will lose ten customers. How much should she charge in order to make the m..
What is the probability that the first toss is not a 1 and the second toss is a 1? Choose the correct answer
By how much did real GDP per capita need to increase in South Korea in 2011 to achieve a growth rate consistent with its average over the previous 50 years?
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