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Question: Does a strike for a raise of 5 cents an hour make any sense? What kinds of long-term benefits might a union gain from such a strike?
Microeconomics, Economics
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Quesiton: Economic historians have determined that it took about 40 years from the harnessing of electricity for industrial power until it had a significant impact on productivity growth. The same argument is now being u ...
Question: Suppose there is a pure exchange economy with two goods, A and B. The utility function for consumer i is U(A,B) = A 1 0.5 B 1 0.5 . The utility function for consumer 2 is U(A,B) = A 2 0.25 B 2 0.75 . Consumer 1 ...
Question: Following are observations on the market price and the quantity of good X produced and consumed in three different years: $10 and 100 units, $4 and 57 units, and $8 and 88 units. Can we conclude that the market ...
Question: Imagine that you are the administrator of a city hospital and you have been asked by your hospital's legal counsel to prepare a presentation for your hospital's medical team that discusses negligence in the hea ...
Question: American History Participation in World War I led to many changes in the U.S. government, our economy, and society as a whole. Some changes were positive and some negative, but all lead to wholesale changes in ...
Question: A 2000-gallon metal tank to store hazardous materials was bought 15 years ago at cost of $100,000. What will a 5,000-gallon tank cost today if the power-sizing exponent is 0.57 and the construction cost index f ...
Question: In 1979, Fed Chairman G. William Miller boosted the growth in the money supply in order to keep the economy from falling into recession and cause Jimmy Carter to have to run for reelection in a recession year. ...
Question - Paula Deen runs a seafood restaurant in Savannah, Georgia. Her total revenue last year was $150,000. The rent on her restaurant was $48,000, her labor costs were $42,000, and her materials, food, and other var ...
Question: You have been asked to calculate the current balance on a loan that involves 5 equal mortgage payments of $200,000 per year (principal and interest), but the interest rate changed on the loan is variable. in ye ...
Question: Apple Computer wants to have $2.1 billion available 5 years from now in order to finance initial production of a device that applies IOT technology for home use. The company expects to set aside uniformly incre ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
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