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Based on observing more than 400 drivers in the Atlanta area, two investigators at Georgia State University concluded that people exiting parking spaces did so more slowly when a driver in another car was waiting for the space than when no one was waiting ("Territorial Defense in Parking Lots: Retaliation Against Waiting Drivers," Journal of Applied Social Psychology [1997]: 821-834). Describe how you might design an experiment to deter- mine whether this phenomenon is true for your city. What is the response variable? What are some extraneous variables and how does your design control for them?
1.Government policymakers may be elected politicians or appointed experts. Describe some of the specific decisions made by policymakers that affect you personally 2. Discuss the motivation of policymakers. Are they held accountable by voters
A study reported that a 10% increase in the price of cigarettes would reduce consumption by 4% in the short-run and by 7.5% in the long-run. Based on these estimates, what happens to the price elasticity of demand for cigarettes as more time elapses ..
Suppose that there are two goods, X and Y. Find the Slustky equation in elasticities for the cross effect.
Over the past 25 years, tuition at Brockport State has been steadily rising. During the same time period, the number of students attending has also been increasing. It looks like the quantity is going up as the price increases in violation of the ..
Determine whether a permanent increase in the size of the labor force and an improvement in technology, other things held constant, would lead to an increase, a decrease, or no change in long-run aggregate supply
Q#1. Homemakers are not included in the employment or labor force totals compiled by the Bureau of Labor Statistics household survey. They are included in the working-age population totals. Suppose that homemakers were counted as employed and include..
If there were a global market in water, like there is in oil, how do you think the market would work Would a free world market in water achieve an efficient use of the world's water resources Explain why or why not.
Determine what changes (if any) in the relative proportions of labor and materials are needed to operate efficiently
Due to the changing environment and external triggers, contingency planning is necessary. What qualities make a future issue a “trigger”? Consider you are on the strategic planning team for a soft drink company.
suppose the production function for guitars is given byq lk - 4l2where q is the number of guitars manufactured per
Assuming that state funding for the universities is held constant, describe the conditionsthat will prevail if tuition is held below equilibrium price. Provide one example to support your response - What are the economic benefits of the flu shot?
what are the differences between real and nominal rates? explain why this is important to induce action on the part of
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