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Suppose that the adult population is 152 million, the number of unemployed is 19 million and the labor force participation rate 63%. What is the unemployment rate?
Business Economics, Economics
Currently, fringe benefits make up about 30% of U.S. workers' total compensation. Suppose the U.S. government decides to tax fringe benefits as ordinary income. How might this affect the level of fringe benefits as a sha ...
A population has a mean=72 and a standard deviation σ=28. Find the mean and standard deviation of a sampling distribution of sample means with sample size n=49.
Suppose the production function for a firm is given by: q=4L 0.5 K 0.25 . In the short run, the firm has 16 units of capital. Find the Marginal Product of Labor (MP L ). Fill in the appropriate numbers in the function ...
A lottery game has balls numbered 1 through 19. What is the probability of selecting an even numbered ball or a 9
You created a new parenting program and you are interested in testing its impact on parenting skills. To do so, you recruit a sample of parents and have them make a self-report parenting skills scale before participating ...
If a firm's total cost function is given byT C= 115,000Q-500Q2+Q3, what range of output does the firm have economies of scale?
Demand: Qd=900-2P+3Pa+0.4M+1.5A Supply: Qs=45500-0.5P Qd = Quantity demanded P = Price of Myvi car (in RM) Pa = Price of Produa Asia (in RM) M = Average consumer income (in RM) A = Promotional expenses Qs= Quantity deman ...
The tobacco industry is a prime example to consider when talking about price elasticity of demand. While nicotine use can be addictive for many users, it is not addictive for the so-called "social smokers". What can we s ...
Some residents of the village of Taugswater have proposed purchasing logging permits relating to a nearby wilderness area. The majority of residents agree that the purchase of permits, to be set aside and not used, is th ...
Compute the cross elasticity of demand and characterize the goods as complements or substitutes (Please use "Arc Elasticity" to calculate) a. Regular Flu shot offered by pharmacy Boxes of Tamu Flu sold by pharmacy ...
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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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Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As