Describe how dicisions on the number of chickens to be raise

Assignment Help Macroeconomics
Reference no: EM13108581

Raising chickens requires several types of feed, such as corn and soy meal. Consider a farm in the former Soviet Union. Try to describe how dicisions on the number of chickens to be raised, and the amount of each feed to use in raising them, were made under the old communist regime. If the farm is now privately owned, how does the market guide the decisions that used to be made by the central planning agency?

Reference no: EM13108581

Questions Cloud

Compute standard deviation if sample size increased : Standard deviation of this poll is 4%. What would be standard deviation if sample size were increased from 83 to 190?
Creating eight step hypothesis test : Create a hypothesis and write out the eight steps used to apply a statistical test to your hypothesis.
Use critical value method to find evidence : Is there evidence that mean dimension is not 221 mm? Suppose population is normally distributed. Use a=0.05 and critical value method.
Interpreting different results of hypothesis testing : A public health researcher tested the hypothesis that providing new car buyers with child safety seats will also act as an incentive for parents to take other measures to protect their children
Describe how dicisions on the number of chickens to be raise : Raising chickens requires several types of feed, such as corn and soy meal. Consider a farm in the former Soviet Union. Try to describe how dicisions on the number of chickens to be raised, and the amount of each feed to use in raising them, were ..
Difference between qualitative and quantitative data : What is the difference between qualitative and quantitative data? Provide an example of each type. What is a null and alternative hypothesis?
Appropriate statistic tests : What would you suggest to be the appropriate statistic tests to use and why ? Any suggestions on stating the hypothesis in a more professional manner?
Determine the probability that adult owns stock : Determine the probability that adult owns stock and has some college education? Determine the probability that adult owns stock or has some college education?
Use of f-statistics in data analysis : Give an example of when the F-statistic would be a useful value in data analysis. Provide details of what you would measure and how the F-statistic would be used.

Reviews

Write a Review

 

Macroeconomics Questions & Answers

  Elucidate how your policy would help

Elucidate how your policy would help increase aggregate demand.

  Computation of real gdp economic growth

Given table of data comprising real GDP and its components over a number of years, compute compound annual percentage changes in real GDP (economic growth) and compute the shares in real GDP of consumption.

  Supply and demand curve on the foreign exchange market

As we all know that the value of dollar depends on what determines supply curve and demand curve on the foreign exchange markets, which obviously is linked to supply and demand for underlying transactions

  Discuss the evolution of the federal reserve system

Discuss the evolution and responsibilities of the Federal Reserve System. What circumstances promulgated both the development and composition of the system.

  Positive and negative example of events

Can you select one positive and one negative example of events in your area, state, country or the world that might impact our life, careers or professions.

  Calculate the equilibrium real wage rate

Assume that the nominal wage rate equals 60. In the short-run, aggregate demand and aggregate supply are equal at a price level of 1 calculate the real wage rate.

  Illustrate hat are the positives and negatives of protection

Illustrate hat are the positives and negatives of protectionist trade policies on the part of the federal government.

  Illustrate what other information would you want

Illustrate what other information would you want before you decided where to establish a new production facitily.

  Economic growth in malthusian and neoclassical growth model

Describe why population growth has such a negative impact on economic growth in Malthusian and Neoclassical growth models.

  Calculate annual tax

Assume you currently earn taxable income of $100,000 per year. You are subject to an MTR of 50%. Currently, your ATR is 35%. Calculate your annual tax.

  Difference-absolute and comparative advantage theory

Define and describe the difference between the absolute advantage and the comparative advantage.

  Determine prime rate, discount rate, and federal funds rate

Determine the prime rate, the discount rate, and the federal funds rate and who controls these rates? What would you expect to happen in the general economy if these rates are all increased or Decreased?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd