Answer: Cost of protecting jobs is much higher than the value of the jobs.
Explanation:
Protectionism is when the local industries in a country are protected against foreign competition in order to help them grow.
One of the main ideas behind free trade is for the consumers to be provided with affordable and low prices goods when there's a free movement of goods between the countries.
It should be noted that an increase in the labour cost will also.bring about an increase in the value of jobs and this can result to the goods being sold at a higher price. Therefore the correct option is B "cost of protecting jobs is much higher than the value of the jobs".
<span>Using Word, Powerpoint, or any other program that allows you to
create diagrams, create an electronic, visual diagram of the US banking
system and the Federal Reserve System.
Include special financial services of the banking system in your
diagram. Be creative in this activity. Pretend you have been asked to
teach the structure and interrelationships of the systems to someone
else.</span>
What I have to far:
Line 1: Federal Reserve
Line 2: Board of Governors and Open Market Committee
Line 3: Reserve Banks
Line 4: Member Banks & Other Depository Institutes
After that I have to categorize the following and here’s the way I have it so far
Commercial Banks = member bank
Savings institutions = other depository
Mutual savings banks = ?
Credit Unions = member bank
Nondeposit Institutions = ?
hope this helps
Answer:
True
Explanation:
It is true that this fact violates the efficient markets hypothesis because the efficient markets hypothesis argues that it is impossible to earn above-market returns.
Efficient market hypothesis holds that asset prices reflect all available information. A direct implication is that <u>it is impossible to "beat the market" </u>consistently on a risk-adjusted basis since market prices should only react to new information.
Hence since it is impossible to beat the market, it is impossible to earn above-market returns.
Answer:
a) Y = 500
b) Wages: 2.5
Rental price: 2.5
c) labor Share of output: 0.370511713 = 37.05%
Explanation:
if K = 100 and L = 100
Y = 500
wages: marginal product of labor = value of an extra unit of labor
dY/dL (slope of the income function considering K constant while L variable)
With K = 100 and L = 100
Y' = 2.5
rental: marginal product of land = value of an extra unit of land
dY/dK (slope of the income function considering K variable while L constant)
L = 100 K = 100
Y' = 2.5
c) we use logarithmic properties:
50 was the land while 10 the labor
2.698970004 = 1.698970004 + 1
share of output to labor: 1/2.698970004 = 0.370511713