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Explain what type of wage rigidity is most likely to affect the unemployment rates of the following types of workers: a. workers with low marginal labour productivity; b. workers seeking jobs that are typically unionized, such as longshoremen and electricians; and c. workers engaged in creative work that is not easily monitored.
describes a measure used to compare two different tests with the same group of participants to see how closely correlated the two sets of scores are with each other. Inter-rater reliability, Test-retest reliability, Parallel-forms reliability, Intern..
Explain why are prices usually higher for goods or services in London as opposed to Newcastle, or New York as opposed to San Fran?
How much effort do the students exert in the Nash equilibrium of the game introduced by Amalia and what value for the cake induces the students to exert the efficient effort level
Currently, the economy is in equilibrium at Q = 3200 (where Q = potential GDP) and P = 100. You can use monetary and fiscal policies to affect aggregate demand but you cannot affect aggregate supply in the short run.
Higher interest rates have an impact on the value of the dollar. What is the effect and how does this relate to foreign trade?
what resources do you make use of in order to maximize your level of satisfaction How do we determine what items to buy How do companies decide what items to produce How do firms determine whether to produce something or not
Last-mile providers often advertise very fast speeds, but users rarely see speeds as high as advertised rates. Search online to find a network speed test and try it from your home, office, mobile device, or dorm. How fast is the network If you're ..
Give a brief summary of economic costs. In the short-run, why might a firm still operate even when there is a loss.
Many airline routes worldwide are served by only one airline (a monopoly). Within the U.S., these are often from a small or mid-sized city to a major carrier hub and frequently operated by a regional carrier under contract to the larger airline.
Research and evaluate sustainability economic and sustainable agriculture and evaluating a current or proposed government (local, state, national, international) policy and determining whether it is economically sound.
The second graph should show the situation for two women who have the same valuation of nonmarket time (shadow wage) but different market wage rates, again with one of them choosing to work in the market and the other choosing.
Sketch the indifference curves and show where the "corners" are. If the prices or x and y are P_x = 5 and P_y = 1, respectively
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