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Problem: Income inequality refers to the extent to which income is distributed unevenly among a population. What are the benefits of ensuring that income equality exists in a foreign market? Why should a multinational corporation that is operating a facility or a factory in a poor undeveloped country pay adequate wages rather than paying the least wage possible?
a. If A = $10,000 and I = $25,000, what is the demand curve for fitness trackers? b. Given the demand curve from part (a), what is equilibrium price and quantity?
Do you think the debt to GDP ratio of Italy and Argentina are sustainable going forward? Explain clearly the criteria you need to use in order to evaluate the sustainability of the debt.
Compute the growth rate of both the official unemployment rate and depict in a graph and what is the labor force participation rate? Using the total pool of potential workers
Which of the following goods most satisfies conditions for a public good? A polluting firm can be compelled to ____a negative externality if the government ___.
If the conditions for perfect competition are generally not met, why do economists use the model?
In the ancient country of Roma, only two goods, spaghetti and meatballs, are produced. There are two tribes in Roma, the Tivoli and the Frivoli.
We explained how a central bank has an important role in maintaining confidence: "High confidence" keeps velocity growth and the money multiplier from falling.
what happens to the money supply interest rates and the economy if the federal reserve is a net seller of government
Gather data on the recessions and the subsequent recoveries to illustrate the magnitude and lengthof the recessions across different dimension.
The Metal Company produces brass fittings for one cent a piece. Their production function is q = 500 . E^2 . K^3 , where q, E, and K are the numbers of fittings, workers, and machines, respectively. Calculate The long-run optimal amounts of workers..
Some firms in the market are making profit, others are having losses. Draw and explain graphs showing MC, ATC, MR, AR, price
Ann deposits $100 at the end of each month into her bank savings account. The bank paid 6% nominal interest, compounded and paid quarterly.
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