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A sample of 548 ethnically diverse students from Massachusetts were followed over a 19-month period from 1995 and 1997 in a study of the relationship be- tween TV viewing and eating habits (Pediatrics [2003]: 1321-1326). For each additional hour of television viewed per day, the number of fruit and vegetable servings per day was found to decrease on average by 0.14 serving.
a. For this study, what is the dependent variable? What is the predictor variable?
b. Would the least-squares line for predicting number of servings of fruits and vegetables using number of hours spent watching TV as a predictor have a positive or negative slope? Explain.
Samsung and Apple are two major producers of smart phones. Are these firms guaranteed to make high profits since they are the two largest firms in terms of market share in the industry? Explain.
In the long-run, how would the solution of someone who favoured an active policy approach to an expansionary gap differ from that of someone who favoured a passive approach to policy?
The League of Big States (LBS) has in?ation expectations of 5% and an estimated natural rate of unemployment of 5%. A 2% rise (fall) in unemployment leads to a 1% fall (increase) in in?ation. What is in?ation when unemployment equals 5%?
Prepare a 2 page paper using APA format discussing how the Coase Theorem provides an alternative to government regulation and provision of services. How is the definition of private property a critical part of this analysis?
Define EACH of the following: Offer, Acceptance, Consideration, Forebearance to sue
suppose that a water utility has a simple volumetric pricing structure and charges 800af for water service-a price that
how many units of each product should she buy in order to maximize her utility. Show this utility maximiz- ing combination combination of Pepsi and Coke on the graph. how would her consumption and utility maximizing bundle of Coke and Pepsi change..
Ricardian model under free trade, if the MPL in the industry you are not specialized in increases, without changing patterns of comparative advantage, real wages will not change.
The demand and supply functions of two goods are Qd1 = 82 - 3P1 + P2, Qs1 = -5 + 15P1 -How these goods are related to each other
majuli the island country produces only lobsters and crabs. the following table gives the prices and quantities in
Businesses are the: Sellers in the factor market and buyers in the goods market. Buyers in the factor market and sellers in the goods market.
In using game theory, both parties have dominant strategies that lead to a best case for each individual. However, these decisions result in a worst case for the combination of the two. Discuss ways that each party can achieve a better solution
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