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Question: Using the regressions shown in column (2) of Table 8.3 and column (2) of Table 9.2, construct a table like Table 9.3 to compare the estimated effects of a 10% increase in district income on test scores in California and Massachusetts.
How does the amount of unemployment created by an increase in the minimum wage depend on the elasticity of labor demand? Do you think an increase in the minimum wage will have a greater unemployment effect in the fast-food industry or in the lawn-car..
Prepare a PowerPoint presentation on Indian economic conditions.
Compute the price elasticity when the price changes from $6 to $5(use the arc elasticity formula). What is the change in total revenue from this price change?
Excess Reserve 300,000,000 the Money Multiplier is 10. how much additional money can the bank create?
Illustrtae the difference among concretionary and expansionary fiscal policy.
Prepare a depreciation schedule for four years using the activity-based method.
Thinking back to the business cycle discussion, how would Keynesian economists explain the performance of the economy during the last few years? Show graphically using the AD/AS model, and explain your reasoning.
Illustrate what do you see are the economic pros and cons of the North America countries including Canada and Mexico get from adopting a common currency.
What would be the production possibility frontiers for Brazil and the United States? Without trade, the United States produces AND CONSUMES 32,500 units of clothing and 125,000 cans of soda.
Now consider the choices our government faces when it has limited tax revenues to fund the unlimited wants of its citizens. Describe some of the choices the government makes between consumption today and investment for tomorrow.
It costs our firm $1,600 to produce 6 widgets/day, $1,900 to produce 7 widgets/day, and $2,300 to produce 8 widgets/day.
Construct a circular-flow diagram like the one found in this chapter to represent the sector of the economy devoted to collage education: collages and universities represent firms, and house holds both consume education and provide facilty and stu..
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