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Problem: Suppose that the striking teachers featured in this video agree to go back to work when the city of Chicago offers them a 20% pay increase over 5 years, or 4% per year. For the first three years, the city raises the teachers' salaries as agreed, but in the fourth year it increases teachers' salaries by only 1%. Teachers are shocked when they get their first paycheck of the year, because they were expecting the agreed-upon 4% increase. Which infraction has the city committed?
Your company has a customer who is shutting down a production line, and it is your responsibility to dispose of the extrusion machine. The company could keep it
Compute total expenditure for each row in the table. Compute the price elasticities of demand between points A and B, B and C, C and D, and so on.
Evaluate the role and the effectiveness of the Federal Reserve in stabilizing the current economy.
Jerry Jacuzzi weighs 150 pounds, runs at average speed, and is extremely obedient. Does Coach Steroid have transitive preferences? How?
jessica alba a famous actress starts the baby and family products business the honest company with christopher gavigan.
A free-market republican argues against the Pigouvian tax by pointing out that the conditions necessary for the Coase Theorem to produce an efficient equilibrium are present in this situation. Assuming that the republican is correct, describe two met..
Suppose the US government requires firms to provide Workers Compensation Insurance Coverage for its employees. How does this mandate affect labor market outcomes (employment and wages) when workers’ valuation of Workers
Would you rather be the only competitor in a blue ocean where the competition just has not found it yet, or the best competitor in a red ocean?
Suppose a diagram has two PPF curves. Relative to the origin, Curve A is above Curve B. Which curve represents the greater level of potential output
A monopolist has two types of customers. There are 100 of TYPE A, who will each pay up tp $10 for a single unit of the good, and 50 of TYPE B, who will each pay up to $8.00.
East Pit provides 44% of PRB coal, and 56% of 8600 BTU, sold at $14.55 per ton. Calculate the least cost per ton of blended coal
Set up OLS cross-country growth regression and show the result of "absolute convergence" using per capita real GDP growth rate and the log of initial.
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