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If the elasticity of crime with respect to the number of police is estimated to be -0.5 and the number of police fell by 5% and, over that same time period, homicide rates increased by 20% then
1. 15% of the increase in the homicide rate can be attributed to the decrease in the number
2. 12.5% of the increase in the homicide rate can be attributed to the decrease in the number of police
3. 2.5% of the increase in the homicide rate can be attributed to the decrease in the number of police
4. 17.5% of the increase in the homicide rate can be attributed to the decrease in the number of police
How might prohibitions on advertising affect the cigarette industry in the short run, and in the long run using a Prisoner's Dilemma sort of argument.
Insurance companies must provide insurance to drivers who may take risks that go unreported because they don't wreck or get ticketed (or if they do wreck or get ticketed, it goes unreported to the insurance company).
imagine you are part of a hrm team and need to make staffing decisions for a new production facility recently purchased
Use the principles of supply and demand to address a predetermined goal
Make a short treatment on the examine governments take to promote exports and restrict imports. Describe who profits and who loses from protectionist rules as they relate to net outcome for society.
Imagine that you are the marketing manager responsible for developing marketing strategy for a bicycle company. Propose the strategic marketing process you will use, being sure the name the stages, the activities included in the stages, and stage-spe..
sam currently earns 30000 per year. the governments is considering a policy that would increase sams income by 12 but
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?
smaller multiplier means that the change in government purchases of goods and services or taxes necessary to close an inflationary or recessionary gap is larger. Explain this apparent inconsistency
(Functions of Money) "If an economy had only two goods (both nondurable), there would be no need for money because exchange would always be between those two goods." What important function of money does this statement disregard?
select one 1 of the following categories of products to research sports apparel automobiles home furnishings or
A firms labor demand and labor supply equations are shown below.
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