Which of the following distinguishes why farms account for so many injuries of children in the workplace? O Farming is less regulated than other businesses. O Farming is a heavy machinery-intensive business. Farming is approached as a whole family business. O Farming is often run by people acting free from rules.

How do expectations about future economic conditions influence the speed of adjustment in the error correction model (ECM)? Are there any other factors that might affect the speed of adjustment?

True, False or Uncertain. Explain your answer. Own wage elasticity JELLlincrease if product demand elasticity n? is high. In short run, when there is an increase in wage rate, each firm will hire less labor and so the industry labor demand is simply the horizontal summation of firm's labor demand. а. b. Labor demand is represented by the marginal revenue produce schedule (MRP) when we have competitive product market while it will be represented by the value of marginal product schedule (VMP) when we have a product market monopolist. When elasticity of substitution, SLK, increase that means the L and K are less substitutable, and the isoquant will be L-shaped. Minimum wage imposed by the government is always bad for the economy because it increase unemployment and deadweight loss. с. d. e. 3.

Given last period's forecast of 65, and last period's demand of 62, what is the simple exponential smoothing forecast with a of 0.4 for the next period? Select one: O a. 63.8 O b. 62 O c. 63.2 O d. 65 (hp