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Question: The ILO's Global Wage Report states that "in the wake of the financial crisis of 2008-09, global real wage growth started to recover in 2010, but has decelerated since 2012, falling from 2.5 per cent to 1.7 per cent in 2015, its lowest level in four years. If China, where wage growth was faster than elsewhere, is not included, real wage growth has fallen from 1.6 per cent in 2012 to 0.9 per cent in 2015." What is the reason for this deceleration of real wage growth? Answer using data.
You know that you are operating in a monopolistically competitive market. Also as manager of the facility, what decisions should you make regarding production levels and pricing for your Widget facility?
To what extent is investment in education a necessary condition for economic development? What is meant by the complementarities between investment in physical and human capital? Why are these important?
as a budding entrepreneur you have purchased a small bagel shop. you have engaged in a market study to categorize your
A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the concessions 50/50 with the city but keeps all the revenue from ticket sales. The city charges the team $100 each month for..
Convert the following nominal GDP numbers into real GDP using the CPI that is given. Plot both real and nominal GDP putting the years on the horizontal axis and GDP on the vertical axis. Comment upon why it is misleading to compare nominal GDP acro..
the size of the labor force in a community is 800 and 720 of these folks are gainfully employed. in this community 200
Write a summary (500-750 words) to discuss your data findings and the proposed solutions generated based on applying econometrics and analyzing the data.
In 2012, Hurricane Sandy caused massive destruction to the northeast United States. Tens of thousands of people lost their homes and possessions.
1. suppose that you have been appointed as an environmental adviser to a government enquiry into shale gas fracking and
In mid-1968, the government imposed a 10% income tax surcharge on personal and corporate income to pay for the costs of the Vietnam War.
Which of the Gauss-Markov assumptions regarding OLS estimates is violated if there are omitted variables not included in the regression model?
Consider a fifth-order filter whose poles are all at a radial distance from the origin of 104 rad/s. One pair of complex-conjugate poles is at 18°angles from the jω axis, and the other pair is at 54°angles. Give the transfer function in each of the..
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