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Economic Ripple Effect of the Deepwater Hoziron spill oil in 2010.
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- discuss and analyze a current event in economics.Great Recession and Great Depression are examples of Group of answer choices Negative Supply shock Positive Supply shock Positive Demand shock Negative Demand shockBobby has been recently hired to work on a highway construction crew for the summer. The work is hard, but the pay is great at a time when jobs are hard to come by. One day, the foreman told Bobby to slow down. "You're working too hard." This crew is used to taking it easy. "At this rate, you'll be out of a job because once we're done with this project, you're finished! Work slower - you'll last a lot longer." Bobby is convinced that this practice is dishonest to the company and to the taxpayers who are paying for the highway work. But he needs the job to meet his school expenses. What would you do if you were Bobby?
- Suppose the local economy experiences an influx of both skilled and unskilled workers, what will happen to prices of goods and services? Group of answer choices Since this increases the supply of labor, prices and wages both decrease. Since this increases the demand for labor, prices and wages both increase. Since this decreases the supply of labor, prices and wages both decrease. Since this increases the marginal product of labor, prices and wages both decrease. A worker on a Texas oil rig is likely to earn _______ than a reception because _________. Group of answer choices less; the job has unattractive characteristics. more; the job is more fun. more; the job is more prestigious. more; the job is more dangerous. please answer two questionsAnalyze the impact of the COVID-19 pandemic on the Malaysian rubber gloves manufacturers in the long-run.Corporate leadership sometimes waits until after presidential elections in order to make major business decisions. An economist would maintain that this is in the anticipation of future: OPTIONS: Farecasting Fear Scarcity Incentives Taxes
- Solve the bellow problem as soon as possible.Suppose a giant snowstorm leaves you snowed in. If your snowblower owning neighbour comes over to help you dig out, this is worse for economic wellbeing than if you had hired a snow removal company to do the same thing. True or False?Nancy returns to school to study medicine. After graduating during an economic boom, she spends six months looking for a job. During this period, she is considered...
- Can you provide the calculation of the economic impact of the NFL super bowl in 2019?Adam Jones is the Father of Economics. Select one: True FalseThe application of data analytics to microeconomics could a) improve a firm's decision-making as it relates to their competitors b) provide insights to global economic policy c) produce a forecast of national GDP d) none of the above