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What is the natural rate of unemployment? What is the relationship between the natural rate of unemployment and full employment?
You own a tract of trees and are deciding whether to harvest them now or next year. If you harvest them now, you can invest the proceeds and get a return of 5% on your investment. What should you do?? a. ?Let the trees grow as long as their dollar wo..
You were able to purchase two tickets to an up-coming concert for $100 apiece when the concert was first announced three months ago. Recently, you saw that StubHub was listing similar seats for $225 apiece. What does it cost you to attend the concert..
Suppose that the Live-Long-and-Prosper Health Insurance Company charges $5,000 annually for a family insurance policy. The company’s president suggests that the company raise the annual price to $6,000 to increase its profits.
Use the following information for the next 9 questions. You should draw a graph that depicts the situation below and use your picture to answer the questions. Assume that wages and prices are sticky and that we start at a long-run equilibrium. Now as..
q.demonstrate the demand and supply program for calculators in norway and sweden. on graph paper sketch the demand and
What is the function, as well as what are the main ingredients as well as connections within the policy planning network doing off describes.
You and your roommate have a stack of dirty dishes in the sink. Explain why neither of you would wash the dishes if the decision were up to you.
Does it seem logical that the amount of labor supplied (hours worked) will decrease if the wage rate gets high enough? Why or why not? Will this phenomenon differ as related to a summer job or permanent employment?
A state owned company is providing electricity at the price of $0, 105 and faces the demand for electricity P = 1.255 - 0.001Q. The company has a cost function C(Q) = 100.625 + 0.1050Q. What is the number of kilowatt hours of electricity produced and..
Each day Paul, who is in third grade, eats lunch at school. He likes only twinikies (t) and soda (s), and these provide him a utility of utility = U(t,s)=(ts)^1/2. If twinkies cost $0.10 each and soda costs $0.25 per cup, how should paul spend the $..
Construct a 99.5% confidence interval for the average amount of Paracetamol. State only the upper limit of this interval correct to two decimal places.
Find the annual after-tax rate of return of this investment. Assume a 35% tax rate applies. Contributed by D. P. Loucks, Cornell University
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