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Suppose that 20,000 of the employed switches to jobs in the underground economy. When interviewed by STATIN, 50% of these switchers report that they are not working and not seeking work, while the other 50% report that they are not working but seeking work. Explain what happens to the official unemployment rate and the “true” unemployment rate. 


a) If the government imposes a $20 floor price for this good or service, would a surplus or deficit situation ensue on this market? If yes, what is the dollar value of this surplus or deficit? 

b) If the government substitutes a $2 subsidy for the $20 floor price in b), explain how that would affect the demand and/or supply and determine the new equilibrium price and quantity. 


how does an increase unemployment affect the is lm model macroeconomics. use diagrams


How do different microeconomics market structures affect supply and demand


Find the present value of an ordinary annuity for;



(a) P5500 per quarter for 6.5years at 5.6% compounded quarterly.



(b)P150 per month for 3years at 8% compounded semi-annually.


suppose your income is $3000 pizza cost $3 per box and juice cost $6 per box if your income increases from $3000 to $4000 show that what will happen if both pizza and juice are normal good

What is meant by globalisation, and in what ways does it affect different countries


LT India Ltd has the following capital structure, which it considers optimal:

Debt  35% 

Equity shares 65%

 Total  100% 

Applicable tax rate for the company is 25%. Risk free rate of return is 6%, average equity

market investment has expected rate of return of 12%. The company’s beta is 1.10. Debt

will bear an interest rate of 9% p.a.

 a. component cost of debt and equity shares assuming that the company does not issue

any additional equity shares.   

b.Weighted Average Cost of Capital (WACC).   



What was the annual PPI rate for final manufactured goods for July 2021?

A.7.0% B.0.8% c.5.3% d.7.1%

Which province recorded the highest consumer for the month of September 2018

a.Limpopo b.Western Cape c.Free State d.Gauteng

Which year is used as abase year inflation in South Africa

a.2010 b.2008 c.2012 d.2016

How many Sustainable Development Goals are there

a.10 b.17 c.5 d.8

Which one of the following countries is not a member of African Union (AU)

a.Nigeria b.Yemen c.Angola d.South Africa


Calculate the mean score of 40 students in a class text

Scores. F x

0_10. 4 5

10_20. 6 15

20_30. 8 25

30_40. 10 35

40_50. 12 45


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