each question in full sentences and explain with detail. Most countries, including Canada, import substantial amounts of goods and services from other countries. Yet chapter 7 says that a nation can enjoy a high standard of living only if it can produce a large quantity of goods and services itself. Can you reconcile these two facts? List the capital inputs necessary to produce each of the following: a. Cars b. hi ghschool education c. plane travel d. fruits and vegetables What is the opportunity cost of investing in capital? Do you think a country can \"overinvcst\" in capital? What is the opportunity cost of investing in human capital? Do you think a country can \"overinvest\" in human capital? Explain. For each ofthe following pairs, which bond would you expect to pay a higher interest rate? Explain. a. a bond of the Canadian government or a bond of an East European government b. a bond that repays the principal in year 2013 or a bond that repays the principal in year 2028 c. a bond from CocaCola or a bond from a software company you run in your garage d. a bond issued by the federal government or a bond issued by Prince Edward Island Theodore Roosevelt once said, \"There is no moral difference between gambling at cards or in lotteries or on the race track and gambling in the stock market.\" What social purpose do you think is served by the existence of the stock market? Suppose GDP is $800 billion, taxes are $150 billion, private saving is $50 billion, and public saving is $20 billion. Assuming this economy is closed, calculate consumption, government purchases, national saving, and investment. : a g; }. BAMZN NewsBullish \\ T. Economists in Catopia, a closed economy, have collected the following information about the economy for a particular year: Y = 10 000 C 0000 T = 1500 G 1700 The economists also estimate that the investment function is: I = 3300 1007' Where r is the country's real interest rate, expressed as a percentage. Calculate private saving, public saving, national saving, investment, and the equilibrium real interest rate. 8. The labourforce participation rate of women increased sharply between 19% and 199?, as shown in Figure 9.3. As with men, however, there were different patterns for different age groups, as shown in this table: Women 55 and All Women Women 1524 Women 2554 Over 19?6 46% 58% 52% 18% 1997 5? 59 7'6 17 a. Why do you think that younger women experienced a bigger increase in labour force participation than older women? AutoSave . Off ) Document1 - Word Search (Alt+Q) Manya Hassija MH X File Home Insert Draw Design Layout References Mailings Review View Help Comments Editing ~ Share X Cut Calibri (Body) 11 ~ A" A Aa A AaBbCcDd AaBbCcDd AaBbC( AaBbCct AaB Find AaBbCCD AaBbCcDd [ Copy Gc Replace Paste BIUab x, x' A DAY 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Dictate Editor Format Painter Select Clipboard Font Paragraph Styles Editing Voice Editor 1 . 2 . 1 . 1 . 1 . . 1 . 1 . 1 . 2 . 1 . 3 . 1 . 4 . 1 . 5 . 1 . 6 : 1 : 7 . 1 . 8 . 1 . 9 . 1 . 10 . 1 . 11 . 1 . 12 1 .13 . 1 . 14: 1 . 15. 1 0 . . 17 . 1 18. 9. Suppose that Parliament passes a law requiring employers to provide employees some benefit (such as dental care) that raises the cost of an employee by $4 per hour. a. What effect does this employer mandate have on the demand for labour? (In answering this and the following questions, be quantitative when you can. b. If employees place a value on this benefit exactly equal to its cost, what effect does this employer mandate have on the supply of labour? c. If the wage is free to balance supply and demand, how does this law affect the wage and the level of employment? Are employers better or worse off? Are employees better or worse off?| ['a (Ctrl) - . 13 . Page 1 of 1 115 words [ English (India) Text Predictions: On Accessibility. Good to go Focus 109% Type here to search O L 1'C Clear ~ 9 0 0 ( 1) 8 ENG 21:12 2 23-11-2022 24