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1. Why have some EU Member States not adopted the European common currency, the euro?
2. A number of countries are lining up to join the EU. What difficulties might be created within the EU from the accession of the lower-income economies of central, eastern and southern Europe?
3. What is the role of the OECD? How might the OECD contribute to the expansion of world trade?
What is the R2 of the regression model? What does it mean? What is the standard error of the regression? What does it mean? Explain in the context of this problem what the numbers for the following coefficients mean: Age, Pressure, and Family
A manager can use either way S or B to prepare packages of chiken nuggetes, The firms production is givin as Q= B+S. A- Graph the isoquant corresponding to 4 unites of output. B- What is the marginal product of capital and labor.
Why is the pollution haven hypothesis more likely to be correct in the case of recycled batteries than in the case of sock production?
In other words, there are 7,000 very poor Indians for every millionaire.
If the U.S. government implements an expansionary fiscal policy, explain what will happen to the exchange rate between the pound and the dollar and show this on a graph. Has the dollar appreciated or depreciated relative to the pound? Explain.
Suppose the number of points on an economics midterm (P) can be characterized by the following production function: P = 10H-4B where H is the number of hours spend studying and B is the number of beers in the week prior to the midterm.
The t value of the slope coefficient in the zero intercept model is about 2.95, whereas that with the intercept present is about 2.81. Can you rationalize this result?
Participants were then asked to rate the degree to which they liked the taste of the juice. What statistical procedures are suitable for analyzing these data? What test would she use if she wanted a distribution-free test? (Note: She found the eff..
Consider the following situation in the Country A's labor market: If the wage is w = $7:00, workers will provide l = 10 units of labor. If the w = $3:00, workers will provide l = 2. On the other hand, if w = $5:00, rms will want l = 6, and if w = $8:..
A friend of yours is reading a financial blog and comes to you for some advice about GDP. She wants to know what "real" GDP is. How would you explain the concept to her?
Does the firm have constant, increasing, or decreasing returns to scale? Why? If wages are $20,000 per person per operating period and capital units for $3,000 per unit per operating period, calculate the average cost of producing 12,000 units and..
two individuals chip and holly are stranded on an island. the island has plenty of vegetation. chip and holly can spend
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