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Why is the demand of labor a derived demand? Explain the shape of the supply of labor curve. What is the relationship between productivity and the wages earned by an employee? What are some factors that determine the level of your income?
What is the "current macroeconomic situation" in the U.S. as of 2013 (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.) What fiscal policies and monetary policies would be appropriate at this time
Please avoid plagiarism, and write your words based on other people's facts. To get full points for this post, you need to write at least three facts about the part of the Constitution, and the why you think those facts shape the modern business..
the depreciation schedule for a machine has been arrived at by several methods. the estimated salvage value of the
The questions asked that suppose that, because of important technological improvements, the society in question can double its production of tractors at each level of food production.
How is net national product (NNP) calculated a.Saving is subtracted from the total income of a nation's citizens. b.Saving is subtracted from the total income of a nation's permanent residents. c. Depreciation losses are subtracted from the total ..
Inflation is at 1.2% and relatively stable at the level. The GDP is at $13.6 trillion. Assume that you are on the Council of Economic Advisors which is the group that advises the President on economic policy issues.
1. Under the gold standard, there was penalty for running a payments deficit but no penalty for running a payments surplus.2.The Bretton Woods Agreement was intended, in part, to make adjustment more symmetric between deficit and surplus countries..
Assume two countries, West and East, want to decide whether to abate (control) their pollution or not. For simplicity assume each country have only two strategies, abate or do not abate.
Employing the new factory would ultimately reduce average total cost and the present value of the gain from employing the new factory must be less or equal to $50 million.
draw the budget line and the relevant indifference curve for a consumer who is initially a borrower. indicate the
1. in problem 1 if charlies utility function were x5axb if apples cost 70 cents each and if bananas cost 10 cents each
The market represented in exhibit above is allowed to operate freely, find the total employment in the market and total employment by the firm
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