why raise in a minimum wage of a workers is better than raise of the minimum wage to 15$

Q: suppose you start saving for retirement when you are 26 years old. You invest $5,000 the first year…

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A: Given information, Governement spending (G)= 440 Government's net tax revenue= 0.13Y Income…

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A: In game theory, there are different forms to understand the behaviour of players and the final…

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A: Compound interest, also known as Interest on Interest, is interest that is added to the interest…

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Q: The consumer theory and the expected utility theory are two theories. Give a policy recommendation…

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A: Inflation means the rise in the price level of goods and services over a period of time. The rise in…

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A: Exchange rate serves as the basic link between the domestic and foreign markets of various…

Q: 8. Mary Catacutan and Pedro Perez are considering the possibility of teaching swimming to kids…

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Q: The Ylaya Textile Mill produces denim. The fixed monthly cost is P21,000, and the 2. variable cost…

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Q: C=400+0.75yd,I=200-100r,t=70+0.2y,g=100,x=10 derive is equation

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Q: What is producer surplus?   Question 10 options:   The unsold quantity of goods at the end of the…

A: Supply curve shows different combinations of quantity that can be supplied at different prices.

Q: Question 4 of 10 A farmer has developed a new type of fertilizer. This new fertilizer costs 20…

A: Opportunity cost  Opportunity cost refers to the cost which is sacrificed by the producer by…

Q: Jack Reminds Samuel that, as an early career professional, he’s only making a fraction of the…

A: Introduction Pension is the sum of money a person receives after leaving active duty. It is a fund…

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Q: Q4. For a firm in Perfect competition, the profit maximization output rule is either MR-MC

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Q: How purchasing power affect the business?

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: 20. What are the functions of the House Ways and Means Committee? a) To propose legislation that…

A: Answer -

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Q: 1. in the 1919 the red scare in the United States led to government raids that uncovered large…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

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A: Equilibrium in the market occurs at the intersection of demand and supply curves

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A: Answer: Given, The demand curve (marginal revenue product): w=100-L The supply curve (average cost):…

Q: 7. According to the Stolper-Samuelson theorem, when a labour-abundant country opens up for free…

A: Stolper-Samuelson theorem is an extension or Heckscher Ohlin model of international trade.

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Q: Tim Geithner, a former V. S. Treasury Secretary, has said, "The recession that began in late 2007…

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Q: which grpah is the correct graph for part 2

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Q: age technology in the two-period model be f(k) = Ak", where A time utility function is v(C₁, C₂) =…

A: *Answer:

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A: For Kuhn - Tucker conditions of optimization we set up a Lagrangian problem in which there is an…

Q: why minimum wage should not increase ?

A: Minimum wage is the lowest wage below which an employee cannot hire workers.

Q: The economic environment refers to: Select one: a. an analysis of how new environmental regulations…

A: Economic environment here is not the literal environment.

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A: As per the question sunflower butter and jelly are the two complementing goods for both Heather and…