Homework #6 - Anastasios Flokas Econ 162A-Section 2...

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Anastasios Flokas Econ 162A-Section 2 Professor Carolevschi April 4 2008 3.4 a.) The unemployment rate will increase since this will give unemployed workers, a lesser incentive to search for jobs because the government is giving them money for a greater period of time. b.) The unemployment rate would decrease because there would be less people with wages above market levels. c.) The unemployment rate would increase because there would be more people with wages above market levels. d.) The frictional unemployment rate would decrease because of the companies’ policy, which would aid people by making the search for jobs easier. 3.6 The economic consultant can say that the implementation of efficiency wages would be a beneficial form of increasing the firm’s wages, because it would increase worker productivity. 5.6 Star Wars $460,935,655 * (202/61) = $1,526,377,087 Titanic $600,779,824 * (202/161) = $753,773,443.7 One Hundred and One Dalmatians $153,000,000 * (202/30) = $1,030,200,000 Unadjusted for Inflation: 1) Titanic, 2) Star Wars, 145) One Hundred and One
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This note was uploaded on 04/07/2008 for the course ECON 162A taught by Professor Carloveschi during the Spring '08 term at Binghamton University.

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Homework #6 - Anastasios Flokas Econ 162A-Section 2...

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