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Do you hate Mondays? Researchers in Germany have provided another reason for you: They concluded that the risk of heart attack on a Monday for a working person may be as much as 50% greater than on any other day.1 The researchers kept track of heart attacks and coronary arrests over a period of 5 years among 330,000 people who lived near Augsberg, Germany. In an attempt to verify the researcher's claim, 200 working people who had recently had heart attacks were surveyed. The day on which their heart attacks occurred appear in the following table.
Do these data present sufficient evidence to indicate that there is a difference in the percentages of heart attacks that occur on different days of the week? Test using α=.05.
why do economists emphasize efficiency as an important goal of public policy? why is compensating volunteers to
For what values of the discount factor will grim punishment strategies-with reversion to Bertrand-Nash prices-support a collusive agreement to maximize joint profits?
pollution is considered baby most negative externality. some ecinomists would like to see the vista of these burdens
Suppose you are considering the demand for apples and the demand for all fruit. Holding everything else constant, the demand for apples will be More elastic than the demand for all fruit
Under what circumstances will the production function exhibit (a) decreasing (b) constant (c) increasing returns to scale? Explain this using first the production function and then the cost function.
on what does the domestic currency price of a nation's imports depend? what would happen to the domestic-currency price of a nation's imports increases and the nation's currency depreciates?
Last year, the United States imported approximately $100 billion worth of oil. Many people believe we should simply stop importing all oil (about half of our domestic consumption). One argument in favor of this is that this oil is only about 1%
Capital Asset Pricing Model
When the product demand curve is Q = 130 - 10P and price is decreased from P1 = $10 to P2 = $9, the "point" price elasticity of demand at the point where the price is $9 is: a. -2.12 b. -2.25
Through the energy crisis of the 1970s, and again in the last five years, Congress bemoaned the “price gouging” and “windfall” profits of the major oil companies. In the 1970s Congress imposed an “excess profits tax” on these companies. It did not do..
"The optimal tax rate for the economy is the point on the Laffer Curve where the tax revenue is maximized."
there are 2 brands of cell phones that are almost identical except for some minor features the a-phone and the
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