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What is the Difference between the standard deviation of a hypothesis test that uses critical value and a hypothesis test that uses p values?
Why does a tax cut increase disposable income, which increases Mexico's aggregated demand? Why and how does the AD curve shift rightward?
Draw the Hick's income and substitution effects for c1,c2 in c1,c2 space if the interest rate decreases to .05.
University of Chicago economist Christian Broda opines because the affluent tend to consume more goods and services that typically have less competition, this means their prices are less elastic than goods and services who are subject to greater comp..
Chips and salsa are often consumed together. Suppose you go to the store and find that the price of salsa has increased. a. Using supply and demand curves, demonstrate the likely effect of this increase in the price of salsa on the equilibrium price ..
Globalization and technology developments have led to some significant changes in the global economy. Discuss the importance of such changes to the United States. What is the impact upon supply chains? Optional: Use your own company as an example
What are the four general four types of competition? How does the growing sharing economy (e.g. Airbnb, Uber, Zipcar, etc.) relate (similarities/dissimilarities) to these general four types? Explain and support your answer
Explain how each of the following events or policies will affect unemployment in a neoclassical model: What’s the difference between how a Keynesian economist would sketch an AS curve and a Phillips curve, and how a neoclassical economist would sketc..
What is the future worth of a series of equal monthly payments of $5,000 if the series extends over a period of six years at 9% interest compounded?
Compare the efficiency of the following two methods of amending the just-compensation constraint: Define just compensation to be fair market value (including relocation costs) plus, say, 20 percent. b. Allow private property owners to make their own ..
How can a college student successfully manage their time during the week to accomplish their learning activities?
Suppose the following market schedule defines the weekly market supply and demand for corn (in thousands of bushels): Price ($) 1 2 3 4 5 Quantity? 3 6 9 12 15 Quantity? 15 12 9 6 3 (a) Plot the market demand and supply (b) What is the equilibrium pr..
Consider Albert Einstein's quote, "Sometimes one pays the most for things one gets for nothing," and the Russian proverb, "The only place to find free cheese is in a mousetrap." Do you agree with these statements? Why or why not? Keep in mind opportu..
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