| 1. | Question: | (TCO F) The size of the labor force in a community is 1‚000‚ and 850 of these folks are gainfully employed. In this community‚ 50 people over the age of 16 do not have a job and are not looking for work. In addition‚ 80 people in the community are under the age of 16. The unemployment rate is ______. | | | Student Answer: | | Unemployment rate=unemployed/labor force*100 150/1000*100=15% 1000-850=150 (number of people unemployed) then divided by total labor force divided
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UNIVERSITY OF WISCONSIN - LA CROSSE NAME___________________________________ Department of Economics Eco 110 - Microeconomics and Public Policy Donna Anderson‚ Ph.D. Sample Final Exam: Note: Actual Final will be shorter SHOW YOUR WORK! ** points 1. Provide the best answer to the multiple choice questions on the scantron sheet 2. Answer the short answer questions on the test. 3. Your responses will be evaluated based on whether you answered the question and the quality of the response
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1. (5 pts)What is the Hecksher-Ohlin Theory of Comparative Advantage? This is a theory developed by two Swedish economists to explain how countries develop comparative advantage in certain areas rather than others. The model works as follows: 1) Assume every country‚ for the most part‚ has access to the same technology. 2) Still‚ factors of production are difficult to move across national boundaries. 3) It follows from (2) that factors of production are relatively bound by geography and national
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Economics 200: Principles of Microeconomics Due (in class): Monday‚ Oct. 13 Professor MacDonald Your Name: _______________________________ Problem Set 1 Question 1 (2 points): Explain how each of the following events affects the equilibrium price and quantity in the associated market. Hint: in each case‚ either the supply or the demand curve shifts‚ but not both. Explain your answer in one sentence and draw a graph to accompany your answer‚ being sure to correctly label all parts of the graph
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This file of ECON 545 Week 3 Discussion Question 2 Anti-Trust Policy and Microsoft consists of: Is Microsoft a monopoly? In what ways could it be considered a monopoly? What markets are involved? What anti-trust legislation would apply? Is anti-trust legislation "fair" to firms like Microsoft? Why or why not? Business - General Business Is Microsoft a monopoly? In what ways could it be considered a monopoly? What markets are involved? What anti-trust legislation would apply? Is anti-trust legislation
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DEPARTMENT OF ECONOMICS HANDBOOK OF UNDERGRADUATE PROGRAMS in UNIVERSITY OF CALIFORNIA SANTA CRUZ 2012-2013 DEPARTMENT OF ECONOMICS UNIVERSITY OF CALIFORNIA‚ SANTA CRUZ Administering Undergraduate Programs in: BUSINESS MANAGEMENT ECONOMICS ECONOMICS GLOBAL ECONOMICS ECONOMICS/MATHEMATICS Office Location: 401 Engineering 2 (831) 459-2743 Office Hours: Monday - Friday 9:00am - 12:00pm‚ 1:00pm - 4:00 pm For information via the WWW see: Department of Economics Homepage:
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Econ 130 – “Principles of Microeconomics”– Spring 2014 Tuesdays‚ Thursdays – Bilger 150 – 3-4:15pm Professor John Lynham (lynham@hawaii.edu) Course Description: Economics is the study of the use of scarce resources to satisfy human wants. In microeconomics‚ we study how these scarce resources are allocated within the market system. Topics include: division of labor‚ comparative advantage‚ supply and demand analysis‚ price ceilings/floors‚ taxes‚ monopoly‚ price discrimination‚ cartels‚ wages
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Course Project: Leadership & Organizational Behavior in Action August 26‚ 2012 I. Introduction xxxx Insurance Company is a Fortune 100 company based in Northbrook‚ Illinois that employs over 50‚000 employees across the country. It is widely known through its “You are in Good Hands with Allstate” slogan. Allstate’s major business is private passenger auto and homeowners insurance which are marketed under the Allstate brand‚ Encompass and Esurance (acquired in 2011). This course
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readings will be assigned through the course to reflect current business news. You will be responsible for all material covered in lecture as well as any handouts that are distributed. Grading Mid-term exam 1 Mid-term exam 2 Final exam Homework 33% 33% 34% 0% Course number: Econ 600-02 Location: Smith Hall 249 Time: Tuesdays 6PM-8:30PM Homework will be posted online‚ but won’t be collected or graded. I will post the answer key after a week. Completing homework will allow you to assess your comprehension
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MEMO To: Manager of Newman Title Inc. From: Date: 12 September 2011 Re: SEC investigation and Resignation of CFO The purpose of this memo is to provide Newman Title Inc. manager‚ about the investigation from U.S. Securities and Exchange Commission (SEC) regarding Newman Title’s accounting practice of revenue recognition‚ and the impact of CFO’s resignation for the company its share market. Legally we are required to comply with the request of the SEC and give the SEC the invoices and
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