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In what ways did society influence consumer's spending habits? Could consumers themselves have done anything to prevent from being caught in the debt trap? Why or why not?
Why would Christians in the West be moved to embark on a dangerous journey to fight in the Holy Land after hearing Pope Urbans speech at Clermont?
If the return of two stocks has a correlation of 1, what does this imply about the relative movements in the stock prices?
Discuss in your opinion what you feel were the major positive and negative impacts of Big Business on the U.S. economy.
Define Capitalism as it relates to the U. S. as an economic system. What are pros and cons of a Capitalistic economic system such as the U. S.
In 1970, Lyle bought a hand calculator for $200. The calculator was more accurate in its four functions of addition, subtraction, multiplication, and division than was Lyle’s $35 slide rule. In 1990, Lyle could not buy a calculator, which could only ..
Explain how are money cost and opportunity cost related to each other. If markets function well, they are closely related. They are always identical in any economic system.
What must a person who is claiming they were harassed in the workplace allege in order to first state a case with the EEOC for each of the following types of harassment?” Sexual harassment-quid pro quo.
Alex wants to measure the nominal GDP of $993 billion in 2008 dollars. From the data he gathered, he knows the deflator for 1998 is 30 and for 2008, it is 74. What was real GDP in 1998?
Explain briefly why deflation leads to mortgage defaults.
Shopping malls typically lease retail space to a large number of clothing stores. When this group of retailers competes to sell similar but not identical products, they engage in what economists call ________________________.
Construct a representative indifference curve for the following cases: The two goods are right gloves and left gloves, and (1) the consumer has two hands; and (2) the consumer has only one (say left) hand.)
Describe a situation in which autocorrelation might be present and which of the three methods of detecting autocorrelation you would leverage. Explain your rationale. Describe what remedial measure you would take to address autocorrelation if it were..
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