Economics Answers

In which way education is increasing the wages of the workers according to the signaling critique?

Assume that manager of a restaurant told you that she is considering to send her workers to a
training program to teach them some skills, which will make them more productive. She said that however she is afraid that after they participate in the training program, her workers might demand higher wages or they might just quit and find another employer, so she might not get any additional revenue as an employer even though she will have paid the costs of the education her workers get. She asks you whether she can find a way to keep at least part of that additional revenue as profits. What will be your answer?

Now that you have analyzed both sides of fiscal and monetary policy, it's time to create a debate for a television news show. Choose the information you compiled in either task 1 or task 2, and compose a script that meets these requirements: • Write 10 lines of dialogue each for two characters (20 dialogue lines in total). The dialogue must be economics related and relevant. . One character must take your viewpoint , and the other character must take the opposing viewpoint. • Script each character's rationale for why the specific action they believe in should be taken, • Include each character's main opposition to the opposing viewpoint . • Ensure that each character questions the other about points of perceived bias, with each character responding to the other's question.

Complete the following data, which depicts a hypothetical economy in which the marginal propensity to consume is constant at all levels of real GDP and investment spending is autonomous. Equilibrium real GDP is equal to$8000. There is no government or foreign trade.
Real GDP $2000,Cosumption $2000?
How much is saving and investment ?

In a country with a population of 50 million people, there are 20 million children under the age of 15 years, 16 million employed, 9 million pensioners, 4 million unemployed and 1 million peip who are physically unable to work. Calculate the unemployment rate

How to calculate unemployment rate

In a long run, how do ship owners adjust supply to satisfy a change in demand, in response to change in price or freight rate?

In a basic Keynesian macroeconomic model, it is assumed that
Y = C + I
Where;
I = 250 and C = 0.75Y.
What is the equilibrium level of Y? What increase in I would be needed to cause Y to increase to 1,200?

2. Describe the purpose of a trial balance and identify three posting errors that would not be revealed by an 'out-of-balance' trial balance.