If the demand for unskilled labor were inelastic, would the proposed increase in the minimum wage raise or lower total wage payments to unskilled workers?

Assignment 1 Questions: Week 2 & Week 3 Case Study:1 (5 Marks) Please read the case “The Minimum Wage” from Chapter 6 “Supply, Demand, and Government Policies” Page: – 117 given in your textbook – “Principles of Macroeconomics”. A case study discusses the federal minimum-wage law. Questions: 1 a. Suppose the minimum wage is above… Continue reading If the demand for unskilled labor were inelastic, would the proposed increase in the minimum wage raise or lower total wage payments to unskilled workers?

What were the most important 1-2 new things you learnt from the lecture and/or readings that you did not know before class?

Please complete some of the questions on page 23-27 of the document: questions 2,3,4,8,9,10,14,15. Answer three questions briefly: 1) What were the most important 1-2 new things you learnt from the lecture and/or readings that you did not know before class? Describe one way in which what you learnt connects to either a different subject/topic… Continue reading What were the most important 1-2 new things you learnt from the lecture and/or readings that you did not know before class?

Is it generally good or bad news for the country’s businesses?

Hello, I would like you to answer the question below and be as specific as possible. the explanation should be all in your word. When a country’s currency appreciates, is this generally good news or bad news for a country’s consumers? Is it generally good or bad news for the country’s businesses? Explain your reasoning… Continue reading Is it generally good or bad news for the country’s businesses?

What effect would this increase in the minimum wage have on unemployment?

Assignment 1 Questions: Week 2 & Week 3 Case Study:1 (5 Marks) Please read the case “The Minimum Wage” from Chapter 6 “Supply, Demand, and Government Policies” Page: – 117given in your textbook – “Principles of Macroeconomics”. A case study discusses the federal minimum-wage law. Questions: 1 a. Suppose the minimum wage is above the… Continue reading What effect would this increase in the minimum wage have on unemployment?

Distinguish between microeconomic and macroeconomic issues.

5.1 Learning Outcomes: Distinguish between microeconomic and macroeconomic issues. Present the Circular Flow Diagram. Calculate Gross Domestic Product (GDP). Identify the components of Gross Domestic Product (GDP 5.2 Action Required: Watch the video using the following link: https://www.khanacademy.org/economics-finance-doma… 5.3 Test your Knowledge (Question): Explain GDP and its Components. 5.4 Instructions Answer the given question in… Continue reading Distinguish between microeconomic and macroeconomic issues.

Please put the reference

Learning Goal: I’m working on a macro economics multi-part question and need support to help me learn. Full information inside the file · The solution is in the same file I want your solution to be in the same file that I sent Please solve with the same file without deleting anything from the file… Continue reading Please put the reference

–whether the good is a necessity or a luxury

Learning Goal: I’m working on a macro economics discussion question and need an explanation and answer to help me learn. Return to the choice you made last week (ATTACHED). Consider the DEMAND for the market you selected (please use the same market that you used last week). Recall that the price elasticity of demand depends… Continue reading –whether the good is a necessity or a luxury

Hello,

Learning Goal: I’m working on a macro economics discussion question and need an explanation and answer to help me learn. Hello, I want to write in your own words about Explain which of the following policies you believe are likely to increase the rate of economic growth in the United States. a. Congress passes an… Continue reading Hello,

Please send a draft in 12hrs -1 day time, day 2, and day 3 as well.

Learning Goal: I’m working on a macro economics question and need an explanation and answer to help me learn. The a-s-s-e-s-s-m-e-n-t has THREE questions. Attempt all.. Please see the questions shown in the screenshot. I will send you all info after being hired, eg PPTs, student access etc. Please send a draft in 12hrs -1… Continue reading Please send a draft in 12hrs -1 day time, day 2, and day 3 as well.