Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Solved Assignments
Asked Questions
Answered Questions
Decline in the size of the labor force? Why is a positive unemployment rate-one more than zero percent-fully compatible with full employment?
Find the equillibrium price and quantitiy that will prevail in the market. At a price of $10, would there be a surplus or shortage? if so, how much?
The gasoline tax adds 30 percent to the supply price, are there any additional costs or benefits due to this shift? If so, how large are they?
The impoverished suburbs. According to the commentary, which of the following aspects of French labor policy marginalize young, less qualified workers?
where Q_s is the quantity of wheat supplied (in billions of bushels), what is the equilibrium price of wheat? What is the equilibrium quantity of wheat sold? Must the actual price equal the equilibriu
If the actual price in this market were below the equilibrium price, what would drive the market toward the equilibrium?
What Should we be Doing with Welfare Policy and Why? You are asked whether current antipoverty policy meets three generally accepted goals of helping, preserving work incentives.
Can you detect any difficulties that the Federal Reserve System might encounter in implementing monetary policy?
Examine the following list of goods and services. Which goods and services should be included in Freedonian GDP in 2009, which should be excluded, and why?
Clothes that you use. (a) How did this "third-party-payer system" affect your behavior? (b) How did your parents or guardians try to limit these effects?
What is the range of y that would make this an effective screening mechanism? What value of y survives as a solution if all firms are competing for high ability workers?
Suppose Y = zK^1/3N^2/3 Derive an expression that relates K and K'. What is its economic interpretation? Using your answer from part (a), derive an expression that relates k and k.
Draw and explain production possibility frontier for an economy that produce milk and cockies. What happen to this frontier if disease kills half of economy cows population?
Sophisticated pricing schemes for the downloaded music? Do you think that Apple's ability to control the pricing of downloaded music is likely to change in the future? Explain.
Explain why a lower price by its competitor should cause the firm to lower its own price. c.) In equilibrium, the firms set identical prices : P1=P2. Find the firms' equilibrium prices, quantities,
A mortgae for 30 years, 5.5% fixed, 0 points, with 20% downpayment or a mortgae for 20 years, 5.5% fixed, 0 pots with 20% downpayment. Which plan best fits for the person's budget.
Given a risk free rate of 3% and an expected market return of 12%, calculate the discount rate for a scale enhancing project in the hypothetical case that Quick-Link is all equity financed.
Elasticity of demand facing Global Crossing is -.857. Question: If Global Crossing had only 20% of the market, would it have a different incentive. How is this calculated?
Draw the area of consumer surplus on your graph. Draw the area of producer surplus. Calculate consumer surplus as the sum of the difference between the price and the marginal utility for each pie.
Calculate the marginal revenue she gets for each additional sale as the change in total revenue (price times sales). Graph this and show the new quantity of sales and the new price.
Most economists think this is a good description of the economy in the short-run and the long run. d) does change real GDP. Most economists think this is a good description of the economy in the lon
What would you tell him? Suppose that marginal tax rates were reduced to 20% as part of the tax bill. How does this change your answer?
The company until after the program is over (program may run between 6 to 18 months. In offering such training programs, is a company violating the optimality rule? explain.
Another firm has a production function f(x1, x2, x3, x4) = min{x1 + x2, x3 + x4}. What is the vector of conditional factor demands to produce 1 unit of output when prices are w = (1, 2, 3, 4).
What would happen if all countries in the world simultaneously tried to improve employment and the balance of payments by imposing tariffs?