Preface: Suppose Beyoncé and Jay-Z want to purchase a home that costs $88 million, but they are willing to pay $100 million for the house. They plan on keeping the home for 1 year and selling it. Jay-Z and Beyoncé have $88 million in a brokerage account invested in the stock market that has an expected return of 10% over the course of the next year. Wells Fargo will give them a $88 million mortgage at a 4% fixed interest rate with no money down. The mortgage is only for 1 year and the interest and principal payments are due at the end of the year. Assume there are no tax benefits associated with the mortgage.
Instructions:
Using the information in the preface, fill in the blank information throughout the following steps of the economic decision making process to ascertain whether Beyoncé and Jay-Z should take out an $88 million mortgage for 1 year, or whether they should pay the house off and have no mortgage.

Ajustification for job training programs is that they improve worker productivity. suppose that you are asked to evaluate whether more job training makes workers more productive. however, rather than having data on individual workers, you have access to data on manufacturing firms in ohio. in particu- lar, for each firm, you have information on hours of job training per worker (training) and number of nondefective items produced per worker hour (output). (i) carefully state the ceteris paribus thought experiment underlying this policy question. (ii) does it seem likely that a firm’s decision to train its workers will be independent of worker characteristics? what are some of those measurable and unmeasurable worker characteristics? (iii) name a factor other than worker characteristics that can affect worker productivity. (iv) if you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive? explain.

Medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic. hughes sought a position as a sales director for st. jude. st. jude told hughes that his contract with medtronic was unenforceable and offered him a job. hughes accepted. medtronic filed a suit, alleging wrongful interference. which type of interference was most likely the basis for this suit? did it occur here? medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic

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