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In 1878, the U.S. Census Bureau reclassified "homekeepers" (primarily women who stayed at home to look after the household) from employed, productive workers to "dependents" and put them in the same classification as retired adults.
1. What would this kind of reclassification do to the measurement of both the employment rate and the unemployment rate (as they are currently defined), assuming no other changes in the labor force and population?
According to the quantity theory of money, an excess quantity of money supplied will lead to a
What is the per worker production function?
ABC company manufactures digital clock radios
suppose that the probability that a used bike is a lemon low quality is p and the probability that a used bike is a
Use a simple partial equilibrium supply and demand model of international trade to explain
you are given a classical labour theory of value world with two countries zambia and tanzania involved in the
Why do you consider Perfect Competition and Monopoly and how do you characterize monopolistic competition as a market structure? What is your understanding of product differentiation?
What are the characteristics of a population for which it would be appropriate to use mean/median/mode? When would the characteristics of a population make them inappropriate to use?
Are there any additional difficulties in enforcing free trade rules when economies in which the central government plays a large role are part of the free trade area? How have the various free trade agreements into which the U.S. has entered affec..
Unit-of-account costs arise from the way inflation makes... Menu costs arise from the way inflation: Shoe-leather costs arise from the way inflation...
4. "I'd rather have a 1% pay cut when prices fall by 3% than a 5% pay increase when the rate of inflation is 8%." This is an example of: A. Irrationality B. Rising real wage C. Deflation always being better than inflation
q1. the following graph shows the cost curves for a perfectly competitive firm. identify the shutdown point the
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